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Wacker Neuson SE (XTER:WAC) Equity-to-Asset : 0.57 (As of Mar. 2024)


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What is Wacker Neuson SE Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wacker Neuson SE's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,525 Mil. Wacker Neuson SE's Total Assets for the quarter that ended in Mar. 2024 was €2,693 Mil. Therefore, Wacker Neuson SE's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.57.

The historical rank and industry rank for Wacker Neuson SE's Equity-to-Asset or its related term are showing as below:

XTER:WAC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.6   Max: 0.7
Current: 0.57

During the past 13 years, the highest Equity to Asset Ratio of Wacker Neuson SE was 0.70. The lowest was 0.53. And the median was 0.60.

XTER:WAC's Equity-to-Asset is ranked better than
66.19% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.47 vs XTER:WAC: 0.57

Wacker Neuson SE Equity-to-Asset Historical Data

The historical data trend for Wacker Neuson SE'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.

Wacker Neuson SE Equity-to-Asset Chart

Wacker Neuson SE 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 0.56 0.57 0.55 0.60 0.57

Wacker Neuson SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.59 0.56 0.56 0.57 0.57

Competitive Comparison of Wacker Neuson SE's Equity-to-Asset

For the Farm & Heavy Construction Machinery subindustry, Wacker Neuson SE'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.


Wacker Neuson SE's Equity-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wacker Neuson SE's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Wacker Neuson SE's Equity-to-Asset falls into.



Wacker Neuson SE 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.

Wacker Neuson SE'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
=1499.7/2644.9
=0.57

Wacker Neuson SE's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1524.6/2693.1
=0.57

* 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.


Wacker Neuson SE  (XTER:WAC) 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%.


Wacker Neuson SE Equity-to-Asset Related Terms

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


Wacker Neuson SE (XTER:WAC) Business Description

Traded in Other Exchanges
Address
Preussenstrasse 41, Munich, DEU, 80809
Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, agriculture, recycling, energy, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment (approximately half of the total revenue), Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to customers in the Americas and Asia-Pacific.

Wacker Neuson SE (XTER:WAC) Headlines

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