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Grupul Industrial Electrocontact (BSE:ECT) Equity-to-Asset : 0.97 (As of Jun. 2023)


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What is Grupul Industrial Electrocontact Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grupul Industrial Electrocontact's Total Stockholders Equity for the quarter that ended in Jun. 2023 was lei14.93 Mil. Grupul Industrial Electrocontact's Total Assets for the quarter that ended in Jun. 2023 was lei15.44 Mil. Therefore, Grupul Industrial Electrocontact's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.97.

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

BSE:ECT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.89   Max: 0.97
Current: 0.97

During the past 13 years, the highest Equity to Asset Ratio of Grupul Industrial Electrocontact was 0.97. The lowest was 0.68. And the median was 0.89.

BSE:ECT's Equity-to-Asset is ranked better than
99.57% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs BSE:ECT: 0.97

Grupul Industrial Electrocontact Equity-to-Asset Historical Data

The historical data trend for Grupul Industrial Electrocontact'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.

Grupul Industrial Electrocontact Equity-to-Asset Chart

Grupul Industrial Electrocontact Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.92 0.96 0.97 0.97

Grupul Industrial Electrocontact Semi-Annual Data
Dec11 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.97 0.96 0.97 0.97

Competitive Comparison of Grupul Industrial Electrocontact's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Grupul Industrial Electrocontact'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.


Grupul Industrial Electrocontact's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Grupul Industrial Electrocontact's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Grupul Industrial Electrocontact's Equity-to-Asset falls into.



Grupul Industrial Electrocontact 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.

Grupul Industrial Electrocontact'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
=15.04/15.577
=0.97

Grupul Industrial Electrocontact'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
=14.934/15.44
=0.97

* 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.


Grupul Industrial Electrocontact  (BSE:ECT) 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%.


Grupul Industrial Electrocontact Equity-to-Asset Related Terms

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Grupul Industrial Electrocontact (BSE:ECT) Business Description

Traded in Other Exchanges
N/A
Address
Calea Nationala nr. 6, Botosani, ROU, 710010
Grupul Industrial Electrocontact S.A. provides solutions for equipment related to control and distribution for home and industrial use. Some of its products are electric explosion-proof equipment, proximity inductive & optoelectronic switches & junction.

Grupul Industrial Electrocontact (BSE:ECT) Headlines

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