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RHI Magnesita NV (RHI Magnesita NV) Equity-to-Asset : 0.25 (As of Dec. 2023)


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What is RHI Magnesita NV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. RHI Magnesita NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,310 Mil. RHI Magnesita NV's Total Assets for the quarter that ended in Dec. 2023 was $5,289 Mil. Therefore, RHI Magnesita NV's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.25.

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

RMGNF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.24   Max: 0.28
Current: 0.25

During the past 8 years, the highest Equity to Asset Ratio of RHI Magnesita NV was 0.28. The lowest was 0.18. And the median was 0.24.

RMGNF's Equity-to-Asset is ranked worse than
90.33% of 3029 companies
in the Industrial Products industry
Industry Median: 0.56 vs RMGNF: 0.25

RHI Magnesita NV Equity-to-Asset Historical Data

The historical data trend for RHI Magnesita NV'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.

RHI Magnesita NV Equity-to-Asset Chart

RHI Magnesita NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.25 0.21 0.20 0.25 0.25

RHI Magnesita NV Semi-Annual Data
Dec16 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 0.20 0.25 0.25 0.28 0.25

Competitive Comparison of RHI Magnesita NV's Equity-to-Asset

For the Metal Fabrication subindustry, RHI Magnesita NV'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.


RHI Magnesita NV's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RHI Magnesita NV's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where RHI Magnesita NV's Equity-to-Asset falls into.



RHI Magnesita NV 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.

RHI Magnesita NV'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
=1310.469/5288.55
=0.25

RHI Magnesita NV'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
=1310.469/5288.55
=0.25

* 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.


RHI Magnesita NV  (OTCPK:RMGNF) 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%.


RHI Magnesita NV Equity-to-Asset Related Terms

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


RHI Magnesita NV (RHI Magnesita NV) Business Description

Traded in Other Exchanges
Address
Kranichberggasse 6, Vienna, AUT, 1120
RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production as well as the sale, installation, and maintenance of refractory products and systems. It has two main operating segments, Steel and Industrial. The Steel segment specializes in supporting customers in the steel-producing and steel-processing industry. Its Industrial segment serves customers in the glass, cement/lime, nonferrous metals and environment, energy, chemicals Industries. The company generates maximum revenue from the Steel segment. Its geographical markets are Europe, North America, Asia Pacific, South America, and MEA-CIS.

RHI Magnesita NV (RHI Magnesita NV) Headlines

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