Alternergy Holdings (PHS:ALTER) Equity-to-Asset : 0.56 (As of Dec. 2023)

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What is Alternergy Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alternergy Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱3,567.9 Mil. Alternergy Holdings's Total Assets for the quarter that ended in Dec. 2023 was ₱6,390.6 Mil. Therefore, Alternergy Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.56.

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

PHS:ALTER' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14 Med: 0.43 Max: 0.56
Current: 0.56

During the past 6 years, the highest Equity to Asset Ratio of Alternergy Holdings was 0.56. The lowest was 0.14. And the median was 0.43.

PHS:ALTER's Equity-to-Asset is ranked better than
72.69% of 443 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs PHS:ALTER: 0.56

Alternergy Holdings Equity-to-Asset Historical Data

The historical data trend for Alternergy Holdings'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.

Alternergy Holdings Equity-to-Asset Chart

Alternergy Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Jun22

Jun23

Equity-to-Asset

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0.43

0.36

0.23

0.15

0.43

Alternergy Holdings Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Mar23	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial						0.15	0.14	0.44	0.43	0.56

Competitive Comparison of Alternergy Holdings's Equity-to-Asset

For the Utilities - Renewable subindustry, Alternergy Holdings'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.

Alternergy Holdings's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternergy Holdings's Equity-to-Asset distribution charts can be found below:

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

Alternergy Holdings 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.

Alternergy Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2081.128	/	4874.239
	=	0.43

Alternergy Holdings'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
	=	3567.885	/	6390.632
	=	0.56

Alternergy Holdings (PHS:ALTER) 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%.

Alternergy Holdings Equity-to-Asset Related Terms

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

Alternergy Holdings (PHS:ALTER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternergy Holdings Corp (PHS:ALTER) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Paseo de Roxas corner Legazpi Street, Level 3B, 111 Paseo de Roxas Building, Legazpi Village, Makati, PHL, 1229

Website

https://www.alternergy.com

Alternergy Holdings Corp is a renewable energy holding company. The company's segments include Wind Energy; Hydro Energy; Solar Energy and Retail Energy Supplier (RES). It generates maximum revenue from the Solar Energy segment. The Solar Energy segment includes Generation and supply of solar power to various customers under power supply contracts.

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