Thessaloniki Port Authority (ATH:OLTH) Equity-to-Asset : 0.71 (As of Jun. 2023)

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What is Thessaloniki Port Authority Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thessaloniki Port Authority's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €171.14 Mil. Thessaloniki Port Authority's Total Assets for the quarter that ended in Jun. 2023 was €239.67 Mil. Therefore, Thessaloniki Port Authority's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.71.

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

ATH:OLTH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65 Med: 0.72 Max: 0.9
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of Thessaloniki Port Authority was 0.90. The lowest was 0.65. And the median was 0.72.

ATH:OLTH's Equity-to-Asset is ranked better than
82.55% of 980 companies
in the Transportation industry
Industry Median: 0.49 vs ATH:OLTH: 0.71

Thessaloniki Port Authority Equity-to-Asset Historical Data

The historical data trend for Thessaloniki Port Authority'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.

Thessaloniki Port Authority Equity-to-Asset Chart

Thessaloniki Port Authority Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

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0.70

0.72

0.71

Thessaloniki Port Authority Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial															0.66	0.71	0.69	0.71	0.71

Competitive Comparison of Thessaloniki Port Authority's Equity-to-Asset

For the Marine Shipping subindustry, Thessaloniki Port Authority'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.

Thessaloniki Port Authority's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Thessaloniki Port Authority's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Thessaloniki Port Authority's Equity-to-Asset falls into.

Thessaloniki Port Authority 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.

Thessaloniki Port Authority'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
	=	177.386	/	250.792
	=	0.71

Thessaloniki Port Authority'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
	=	171.142	/	239.665
	=	0.71

Thessaloniki Port Authority (ATH:OLTH) 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%.

Thessaloniki Port Authority Equity-to-Asset Related Terms

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

Thessaloniki Port Authority (ATH:OLTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Thessaloniki Port Authority SA (ATH:OLTH) » Definitions » Equity-to-Asset

Traded in Other Exchanges

03P:Germany

Address

?'provlita Limenos Thessalonikis, P.O. B?x 10467, Thessaloniki, GRC, 54110

Website

http://www.thpa.gr

Thessaloniki Port Authority SA is a shipping company based in Greece. It manages the port of Thessaloniki and provides ship berthing, anchoring, mooring, loading, unloading and cargo handling and passenger services along with add-on services like water, electricity, telephone connections, The company's operational areas are categorized into four, which are vessels, containers, event halls and parking services. Most of its revenues are obtained from its container and vessel operations catering to industries, shipping agents, container transportation companies, and freight transport companies. The Event halls are another aspect of its service area, wherein the company provides premises to host multipurpose activities.

Thessaloniki Port Authority (ATH:OLTH) Headlines

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