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Auckland International Airport (NZSE:AIA) Equity-to-Asset : 0.74 (As of Dec. 2023)


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What is Auckland International Airport Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Auckland International Airport's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NZ$8,442.9 Mil. Auckland International Airport's Total Assets for the quarter that ended in Dec. 2023 was NZ$11,343.5 Mil. Therefore, Auckland International Airport's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.74.

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

NZSE:AIA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.69   Max: 0.82
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Auckland International Airport was 0.82. The lowest was 0.60. And the median was 0.69.

NZSE:AIA's Equity-to-Asset is ranked better than
86.81% of 978 companies
in the Transportation industry
Industry Median: 0.49 vs NZSE:AIA: 0.74

Auckland International Airport Equity-to-Asset Historical Data

The historical data trend for Auckland International Airport'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.

Auckland International Airport Equity-to-Asset Chart

Auckland International Airport Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.71 0.81 0.80 0.77

Auckland International Airport 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 0.82 0.80 0.79 0.77 0.74

Competitive Comparison of Auckland International Airport's Equity-to-Asset

For the Airports & Air Services subindustry, Auckland International Airport'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.


Auckland International Airport's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Auckland International Airport's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Auckland International Airport's Equity-to-Asset falls into.



Auckland International Airport 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.

Auckland International Airport's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=8377.5/10829.3
=0.77

Auckland International Airport'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
=8442.9/11343.5
=0.74

* 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.


Auckland International Airport  (NZSE:AIA) 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%.


Auckland International Airport Equity-to-Asset Related Terms

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Auckland International Airport (NZSE:AIA) Business Description

Traded in Other Exchanges
Address
4 Leonard Isitt Drive, Auckland Airport Business District, Manukau, NTL, NZL, 2022
Auckland Airport is New Zealand's largest airport, handling 21 million passenger movements in fiscal 2019, approximately 70% of the country's international visitors. It owns 1,500 hectares of land, and hosts ancillary commercial services, including retail and duty-free, car parking, hotels, warehouses, and offices. Substantial development opportunities could bring its capacity up to near 28 million passenger movements per year by 2032, as well as adding capacity in the ancillary services offered. It also has a minority stake in the small but fast growing Queenstown airport on New Zealand's south island.