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Vetropack Holding AG (XSWX:VETN) Equity-to-Asset : 0.59 (As of Dec. 2023)


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What is Vetropack Holding AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vetropack Holding AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was CHF750.7 Mil. Vetropack Holding AG's Total Assets for the quarter that ended in Dec. 2023 was CHF1,263.8 Mil. Therefore, Vetropack Holding AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.59.

The historical rank and industry rank for Vetropack Holding AG's Equity-to-Asset or its related term are showing as below:

XSWX:VETN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.74   Max: 0.8
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Vetropack Holding AG was 0.80. The lowest was 0.59. And the median was 0.74.

XSWX:VETN's Equity-to-Asset is ranked better than
57.44% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.55 vs XSWX:VETN: 0.59

Vetropack Holding AG Equity-to-Asset Historical Data

The historical data trend for Vetropack Holding AG'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.

Vetropack Holding AG Equity-to-Asset Chart

Vetropack Holding AG 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 0.79 0.77 0.74 0.61 0.59

Vetropack Holding AG 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 0.74 0.62 0.61 0.60 0.59

Competitive Comparison of Vetropack Holding AG's Equity-to-Asset

For the Packaging & Containers subindustry, Vetropack Holding AG'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.


Vetropack Holding AG's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Vetropack Holding AG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vetropack Holding AG's Equity-to-Asset falls into.



Vetropack Holding AG 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.

Vetropack Holding AG'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
=750.7/1263.8
=0.59

Vetropack Holding AG'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
=750.7/1263.8
=0.59

* 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.


Vetropack Holding AG  (XSWX:VETN) 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%.


Vetropack Holding AG Equity-to-Asset Related Terms

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Vetropack Holding AG (XSWX:VETN) Business Description

Traded in Other Exchanges
Address
Schutzenmattstrasse 48, Bulach, CHE, 8180
Vetropack Holding AG is a glass packaging manufacturer serving the food and beverage industry. The company offers services including package design, production and just-in-time delivery to consulting and support services in the area of packaging analysis, bottling, conditioning, closure technology, decorative refinement, and labelling. It has its production and distribution facilities in Switzerland, Austria, the Czech Republic, Slovakia, Croatia, Ukraine, and Italy. The segment reporting used at the top management level for corporate management has just one segment (Glass packaging). The secondary segment Speciality glass comprises only trade revenue in Switzerland.

Vetropack Holding AG (XSWX:VETN) Headlines

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