HELLA GmbH KGaA (XTER:HLE) Equity-to-Asset : 0.41 (As of Sep. 2023)

HELLA GmbH KGaA Equity-to-Asset Chart

HELLA GmbH KGaA Annual Data
	Trend	May12	May13	May14	May15	May16	May17	May18	May19	May20	May21
Equity-to-Asset		Get a 7-Day Free Trial					0.39	0.42	0.46	0.37	0.41

HELLA GmbH KGaA Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.43	0.42	0.43	0.40	0.41

Competitive Comparison of HELLA GmbH KGaA's Equity-to-Asset

For the Auto Parts subindustry, HELLA GmbH KGaA'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.

HELLA GmbH KGaA's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HELLA GmbH KGaA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where HELLA GmbH KGaA's Equity-to-Asset falls into.

HELLA GmbH KGaA 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.

HELLA GmbH KGaA's Equity to Asset Ratio for the fiscal year that ended in May. 2021 is calculated as

HELLA GmbH KGaA's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.

HELLA GmbH KGaA  (XTER:HLE) 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%.

HELLA GmbH KGaA Equity-to-Asset Related Terms

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HELLA GmbH KGaA (XTER:HLE) Business Description