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Forvia SE (FRA:FAU) Equity-to-Asset : 0.15 (As of Dec. 2023)


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What is Forvia SE Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Forvia SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €4,509 Mil. Forvia SE's Total Assets for the quarter that ended in Dec. 2023 was €30,485 Mil. Therefore, Forvia SE's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.15.

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

FRA:FAU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.22   Max: 0.28
Current: 0.15

During the past 13 years, the highest Equity to Asset Ratio of Forvia SE was 0.28. The lowest was 0.14. And the median was 0.22.

FRA:FAU's Equity-to-Asset is ranked worse than
91.47% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs FRA:FAU: 0.15

Forvia SE Equity-to-Asset Historical Data

The historical data trend for Forvia 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.

Forvia SE Equity-to-Asset Chart

Forvia 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 0.24 0.18 0.16 0.14 0.15

Forvia SE 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 0.16 0.15 0.14 0.14 0.15

Competitive Comparison of Forvia SE's Equity-to-Asset

For the Auto Parts subindustry, Forvia 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.


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

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

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



Forvia 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.

Forvia 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
=4509.4/30485.2
=0.15

Forvia 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
=4509.4/30485.2
=0.15

* 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.


Forvia SE  (FRA:FAU) 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%.


Forvia SE Equity-to-Asset Related Terms

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


Forvia SE (FRA:FAU) Business Description

Address
23-27 avenue des Champs-Pierreux, Nanterre, FRA, 92000
Forvia operates in automotive seating, interior systems, emission control technologies, electronics, lighting, and a segment called lifecycle solutions that does automotive-related recycling. The company has a global presence, with over 300 industrial facilities and 63 R&D centers in more than 40 countries, but much of its workforce is located in high-cost countries. Forvia's five largest customers by percentage of 2022 revenue are Volkswagen at 15.4%, Stellantis at 11.7%, Ford at 7.7%, the Renault-Nissan-Mitsubishi Alliance at 6.2%, and Mercedes-Benz at 6.1%. Geographically, Europe accounted for 44% of 2022 revenue, followed by North America at 25%, China at 21%, and all other regions at 10%.

Forvia SE (FRA:FAU) Headlines

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