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Vimi Fasteners SpA (MIL:VIM) Equity-to-Asset : 0.39 (As of Jun. 2023)


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What is Vimi Fasteners SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vimi Fasteners SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €30.81 Mil. Vimi Fasteners SpA's Total Assets for the quarter that ended in Jun. 2023 was €79.48 Mil. Therefore, Vimi Fasteners SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.39.

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

MIL:VIM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.39   Max: 0.46
Current: 0.39

During the past 8 years, the highest Equity to Asset Ratio of Vimi Fasteners SpA was 0.46. The lowest was 0.03. And the median was 0.39.

MIL:VIM's Equity-to-Asset is ranked worse than
77.05% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs MIL:VIM: 0.39

Vimi Fasteners SpA Equity-to-Asset Historical Data

The historical data trend for Vimi Fasteners SpA'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.

Vimi Fasteners SpA Equity-to-Asset Chart

Vimi Fasteners SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.41 0.39 0.41 0.45 0.03

Vimi Fasteners SpA Semi-Annual Data
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 0.42 0.45 0.46 0.03 0.39

Competitive Comparison of Vimi Fasteners SpA's Equity-to-Asset

For the Tools & Accessories subindustry, Vimi Fasteners SpA'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.


Vimi Fasteners SpA's Equity-to-Asset Distribution in the Industrial Products Industry

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

* The bar in red indicates where Vimi Fasteners SpA's Equity-to-Asset falls into.



Vimi Fasteners SpA 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.

Vimi Fasteners SpA'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
=1.745/61.527
=0.03

Vimi Fasteners SpA'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
=30.805/79.476
=0.39

* 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.


Vimi Fasteners SpA  (MIL:VIM) 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%.


Vimi Fasteners SpA Equity-to-Asset Related Terms

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Vimi Fasteners SpA (MIL:VIM) Business Description

Traded in Other Exchanges
N/A
Address
Via Labriola, 19, Novellara, Reggio Emilia, ITA, 42017
Vimi Fasteners SpA is an Italy based company. It is engaged in design and manufacture of mechanical fasteners. The company serves different markets namely Automotive, Industrial Engines and Vehicles, Oil and Gas and Aerospace and Motorsport. The company offers Turbocharger, Engine, Manifold and Exhaust System, Power Transmission, Braking System and Suspension and Wheel. The company products are crankcase screws and studs, cylinder head screws, flywheel bolts and others.

Vimi Fasteners SpA (MIL:VIM) Headlines

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