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Relais Group (OHEL:RELAIS) Equity-to-Asset : 0.35 (As of Mar. 2024)


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What is Relais Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Relais Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €111.7 Mil. Relais Group's Total Assets for the quarter that ended in Mar. 2024 was €324.0 Mil. Therefore, Relais Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

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

OHEL:RELAIS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.34   Max: 0.47
Current: 0.35

During the past 9 years, the highest Equity to Asset Ratio of Relais Group was 0.47. The lowest was 0.12. And the median was 0.34.

OHEL:RELAIS's Equity-to-Asset is ranked worse than
69.52% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs OHEL:RELAIS: 0.35

Relais Group Equity-to-Asset Historical Data

The historical data trend for Relais Group'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.

Relais Group Equity-to-Asset Chart

Relais Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.45 0.47 0.33 0.33 0.34

Relais Group Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.33 0.31 0.32 0.34 0.35

Competitive Comparison of Relais Group's Equity-to-Asset

For the Auto Parts subindustry, Relais Group'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.


Relais Group's Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

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



Relais Group 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.

Relais Group'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
=110.656/329.124
=0.34

Relais Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=111.739/324.012
=0.34

* 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.


Relais Group  (OHEL:RELAIS) 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%.


Relais Group Equity-to-Asset Related Terms

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


Relais Group (OHEL:RELAIS) Business Description

Traded in Other Exchanges
N/A
Address
Mannerheimintie 105, Helsinki, FIN, 00280
Relais Group PLC is engaged in the development of automotive electrical equipment and spare parts. The company operates through various brands comprising of Startax, Awimex, ABR, and Huzells. The company has two reportable segments involve Finland&Baltics and Scandinavia. The Finland&Baltics segment sells car spare parts, equipment and commercial vehicle repair and maintanance services through companies operating in Finland, Estonia and Latvia. The Scandinavia segment also sells car spare parts, equipment and commercial vehicle repair and maintanance services through its companies in Sweden, Norway and Denmark. Majority of revenue is derived from Scandinavia.

Relais Group (OHEL:RELAIS) Headlines

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