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Arteche Lantegi Elekartea (XMAD:ART) Equity-to-Asset : 0.23 (As of Dec. 2023)


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What is Arteche Lantegi Elekartea Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arteche Lantegi Elekartea's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €73.9 Mil. Arteche Lantegi Elekartea's Total Assets for the quarter that ended in Dec. 2023 was €327.8 Mil. Therefore, Arteche Lantegi Elekartea's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.23.

The historical rank and industry rank for Arteche Lantegi Elekartea's Equity-to-Asset or its related term are showing as below:

XMAD:ART' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.21   Max: 0.23
Current: 0.23

During the past 5 years, the highest Equity to Asset Ratio of Arteche Lantegi Elekartea was 0.23. The lowest was 0.12. And the median was 0.21.

XMAD:ART's Equity-to-Asset is ranked worse than
90.59% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs XMAD:ART: 0.23

Arteche Lantegi Elekartea Equity-to-Asset Historical Data

The historical data trend for Arteche Lantegi Elekartea'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.

Arteche Lantegi Elekartea Equity-to-Asset Chart

Arteche Lantegi Elekartea Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.14 0.12 0.21 0.22 0.23

Arteche Lantegi Elekartea Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.21 0.23 0.22 0.21 0.23

Competitive Comparison of Arteche Lantegi Elekartea's Equity-to-Asset

For the Electronic Components subindustry, Arteche Lantegi Elekartea'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.


Arteche Lantegi Elekartea's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arteche Lantegi Elekartea's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Arteche Lantegi Elekartea's Equity-to-Asset falls into.



Arteche Lantegi Elekartea 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.

Arteche Lantegi Elekartea'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
=73.91/327.752
=0.23

Arteche Lantegi Elekartea'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
=73.91/327.752
=0.23

* 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.


Arteche Lantegi Elekartea  (XMAD:ART) 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%.


Arteche Lantegi Elekartea Equity-to-Asset Related Terms

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Arteche Lantegi Elekartea (XMAD:ART) Business Description

Traded in Other Exchanges
N/A
Address
Derio Bidea 28, Bizkaia, Mungia, ESP, 48100
Arteche Lantegi Elekartea SA is engaged in developing equipment and solutions for the electric power industry. The product portfolio of the company includes High voltage instrument transformers, Digital Instrument Transformers, Trip, supervision, and auxiliary relays, Medium voltage sensors, and Reclosers and switches among others.

Arteche Lantegi Elekartea (XMAD:ART) Headlines

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