GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Somec SpA (MIL:SOM) » Definitions » Equity-to-Asset

Somec SpA (MIL:SOM) Equity-to-Asset : 0.09 (As of Jun. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Somec SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Somec SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €29.7 Mil. Somec SpA's Total Assets for the quarter that ended in Jun. 2023 was €336.7 Mil. Therefore, Somec SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.09.

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

MIL:SOM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.17   Max: 0.25
Current: 0.09

During the past 6 years, the highest Equity to Asset Ratio of Somec SpA was 0.25. The lowest was 0.09. And the median was 0.17.

MIL:SOM's Equity-to-Asset is ranked worse than
93.02% of 1677 companies
in the Construction industry
Industry Median: 0.44 vs MIL:SOM: 0.09

Somec SpA Equity-to-Asset Historical Data

The historical data trend for Somec SpA'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.

Somec SpA Equity-to-Asset Chart

Somec SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.25 0.18 0.16 0.18 0.19

Somec SpA Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.18 0.10 0.19 0.09

Competitive Comparison of Somec SpA's Equity-to-Asset

For the Building Products & Equipment subindustry, Somec SpA'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.


Somec SpA's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Somec SpA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Somec SpA's Equity-to-Asset falls into.



Somec SpA 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.

Somec SpA'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
=31.993/171.64
=0.19

Somec SpA'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
=29.676/336.696
=0.09

* 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.


Somec SpA  (MIL:SOM) 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%.


Somec SpA Equity-to-Asset Related Terms

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


Somec SpA (MIL:SOM) Business Description

Traded in Other Exchanges
N/A
Address
Via Palu, 30, San Vendemiano, Treviso, ITA, 31020
Somec SpA designs and manufactures glass envelopes for cruise ships and special architectural projects. Its products include balcony sliding doors, public area doors, handrails, windscreens, and balcony dividers.

Somec SpA (MIL:SOM) Headlines

No Headlines