Soltec Power Holdings (XMAD:SOL) Equity-to-Asset : 0.25 (As of Jun. 2023)

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What is Soltec Power Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Soltec Power Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €149.5 Mil. Soltec Power Holdings's Total Assets for the quarter that ended in Jun. 2023 was €602.5 Mil. Therefore, Soltec Power Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.25.

The historical rank and industry rank for Soltec Power Holdings's Equity-to-Asset or its related term are showing as below:

XMAD:SOL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07 Med: 0.29 Max: 0.46
Current: 0.25

During the past 4 years, the highest Equity to Asset Ratio of Soltec Power Holdings was 0.46. The lowest was 0.07. And the median was 0.29.

XMAD:SOL's Equity-to-Asset is ranked worse than
90.02% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs XMAD:SOL: 0.25

Soltec Power Holdings Equity-to-Asset Historical Data

The historical data trend for Soltec Power Holdings'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.

Soltec Power Holdings Equity-to-Asset Chart

Soltec Power Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.07

0.46

0.31

0.29

Soltec Power Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial			0.35	0.31	0.27	0.29	0.25

Competitive Comparison of Soltec Power Holdings's Equity-to-Asset

For the Solar subindustry, Soltec Power Holdings'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.

Soltec Power Holdings's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Soltec Power Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Soltec Power Holdings's Equity-to-Asset falls into.

Soltec Power Holdings 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.

Soltec Power Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	162.71	/	555.81
	=	0.29

Soltec Power Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	149.546	/	602.503
	=	0.25

Soltec Power Holdings (XMAD:SOL) 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%.

Soltec Power Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Soltec Power Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Soltec Power Holdings (XMAD:SOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Soltec Power Holdings SA (XMAD:SOL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

0AC5:UK 5PZ:Germany

Address

Gabriel Campillo Street, Poligono Industrial la Serreta s/n, Molina de Segura, Murcia, ESP, 30500

Website

http://www.soltecpowerholdings.com

Soltec Power Holdings SA is specialized in providing integrated solutions in solar PV energy. The company designs, manufactures and installs solar tracking systems and develops solar power projects. Its business is divided into industrial (trackers and construction services) business line, which is also referred to as Soltec Industrial, and project development business line, which is also referred to as Powertis. It offers a portfolio of solar trackers, including the SF8 and SF7 single-axis trackers, the SF8 and SF7 bi-facial trackers and the SF7 Tandem.