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JOST Werke SE (XTER:JST) Equity-to-Asset : 0.38 (As of Dec. 2023)


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What is JOST Werke SE Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JOST Werke SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €382 Mil. JOST Werke SE's Total Assets for the quarter that ended in Dec. 2023 was €1,005 Mil. Therefore, JOST Werke SE's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

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

XTER:JST' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.23   Med: 0.32   Max: 0.41
Current: 0.38

During the past 10 years, the highest Equity to Asset Ratio of JOST Werke SE was 0.41. The lowest was -0.23. And the median was 0.32.

XTER:JST's Equity-to-Asset is ranked worse than
63.98% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs XTER:JST: 0.38

JOST Werke SE Equity-to-Asset Historical Data

The historical data trend for JOST Werke 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.

JOST Werke SE Equity-to-Asset Chart

JOST Werke 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 0.41 0.28 0.31 0.36 0.38

JOST Werke SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.36 0.37 0.37 0.38 0.38

Competitive Comparison of JOST Werke SE's Equity-to-Asset

For the Auto Parts subindustry, JOST Werke 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.


JOST Werke SE's Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

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



JOST Werke 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.

JOST Werke 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
=382.239/1005.165
=0.38

JOST Werke SE'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
=382.239/1005.165
=0.38

* 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.


JOST Werke SE  (XTER:JST) 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%.


JOST Werke SE Equity-to-Asset Related Terms

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


JOST Werke SE (XTER:JST) Business Description

Traded in Other Exchanges
Address
Siemensstrase 2, Neu-Isenburg, HE, DEU, 63263
JOST Werke SE is a producer and supplier of safety-critical systems to the truck and trailer industry. The company's business segments are Asia, the Pacific and Africa, Europe, and North America. Its products are used in two business lines; Transport includes products and systems for trucks and trailers that provide the interface connecting the truck to the trailer, and it even sells wheel couplings, landing gears, king pins, and ball bearing turntables, and Agriculture includes products like agricultural front loaders for tractors, various implements for front loaders, and subframes, and it even sells towing hitches, drawbars, towing eyes and ladders under the brand name Rockinger.
Executives
Prof. Dr. Bernd Gottschalk Supervisory Board
Joachim Dürr Board of Directors
Dr. Ralf Eichler Board of Directors

JOST Werke SE (XTER:JST) Headlines

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