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ABO-Group Environment NV (XBRU:ABO) Equity-to-Asset : 0.29 (As of Dec. 2023)


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What is ABO-Group Environment NV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ABO-Group Environment NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €24.99 Mil. ABO-Group Environment NV's Total Assets for the quarter that ended in Dec. 2023 was €86.29 Mil. Therefore, ABO-Group Environment NV's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

The historical rank and industry rank for ABO-Group Environment NV's Equity-to-Asset or its related term are showing as below:

XBRU:ABO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.31   Max: 0.34
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of ABO-Group Environment NV was 0.34. The lowest was 0.29. And the median was 0.31.

XBRU:ABO's Equity-to-Asset is ranked worse than
79.67% of 246 companies
in the Waste Management industry
Industry Median: 0.43 vs XBRU:ABO: 0.29

ABO-Group Environment NV Equity-to-Asset Historical Data

The historical data trend for ABO-Group Environment NV's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ABO-Group Environment NV Equity-to-Asset Chart

ABO-Group Environment NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.31 0.30 0.31 0.29

ABO-Group Environment NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.29 0.31 0.31 0.29

Competitive Comparison of ABO-Group Environment NV's Equity-to-Asset

For the Waste Management subindustry, ABO-Group Environment NV's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ABO-Group Environment NV's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, ABO-Group Environment NV's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ABO-Group Environment NV's Equity-to-Asset falls into.



ABO-Group Environment NV Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

ABO-Group Environment NV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=24.991/86.288
=0.29

ABO-Group Environment NV's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=24.991/86.288
=0.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ABO-Group Environment NV  (XBRU:ABO) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


ABO-Group Environment NV Equity-to-Asset Related Terms

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ABO-Group Environment NV (XBRU:ABO) Business Description

Traded in Other Exchanges
N/A
Address
Derbystraat 255, Gent, BEL, 9051
ABO-Group Environment NV is engaged in developing environmental companies providing testing and engineering in areas including soil, environment, geotechnical, energy and waste management.

ABO-Group Environment NV (XBRU:ABO) Headlines

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