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The Naga Group AG (LTS:0W3X) Equity-to-Asset : 0.83 (As of Jun. 2023)


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What is The Naga Group AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Naga Group AG's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €125.44 Mil. The Naga Group AG's Total Assets for the quarter that ended in Jun. 2023 was €151.16 Mil. Therefore, The Naga Group AG's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.83.

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

LTS:0W3X' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.88   Max: 0.96
Current: 0.83

During the past 8 years, the highest Equity to Asset Ratio of The Naga Group AG was 0.96. The lowest was 0.56. And the median was 0.88.

LTS:0W3X's Equity-to-Asset is ranked better than
75.71% of 807 companies
in the Capital Markets industry
Industry Median: 0.49 vs LTS:0W3X: 0.83

The Naga Group AG Equity-to-Asset Historical Data

The historical data trend for The Naga Group AG'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.

The Naga Group AG Equity-to-Asset Chart

The Naga Group AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.95 0.90 0.86 0.93 0.87

The Naga Group AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 0.81 0.93 0.95 0.87 0.83

Competitive Comparison of The Naga Group AG's Equity-to-Asset

For the Capital Markets subindustry, The Naga Group AG'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.


The Naga Group AG's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Naga Group AG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where The Naga Group AG's Equity-to-Asset falls into.



The Naga Group AG 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.

The Naga Group AG'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
=127.086/146.903
=0.87

The Naga Group AG'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
=125.441/151.159
=0.83

* 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.


The Naga Group AG  (LTS:0W3X) 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%.


The Naga Group AG Equity-to-Asset Related Terms

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The Naga Group AG (LTS:0W3X) Business Description

Traded in Other Exchanges
Address
Hohe Bleichen 12, Hamburg, DEU, 20354
The Naga Group AG develops and markets disruptive applications in financial technology. Its products include NAGA Trader, NAGA Brokers, NAGA Virtual, NAGA Wallet, and NAGA Markets to trade with an EU licensed brokerage company. Its core business is an online brokerage and generates revenue from the same.

The Naga Group AG (LTS:0W3X) Headlines

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