GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Litoral Transmision SA (XSGO:LITORALTX) » Definitions » Equity-to-Asset

Litoral Transmision (XSGO:LITORALTX) Equity-to-Asset : 0.42 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Litoral Transmision Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Litoral Transmision's Total Stockholders Equity for the quarter that ended in Mar. 2024 was CLP1,880 Mil. Litoral Transmision's Total Assets for the quarter that ended in Mar. 2024 was CLP4,527 Mil. Therefore, Litoral Transmision's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.42.

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

XSGO:LITORALTX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.42   Max: 0.59
Current: 0.42

During the past 3 years, the highest Equity to Asset Ratio of Litoral Transmision was 0.59. The lowest was 0.39. And the median was 0.42.

XSGO:LITORALTX's Equity-to-Asset is ranked better than
52.37% of 443 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs XSGO:LITORALTX: 0.42

Litoral Transmision Equity-to-Asset Historical Data

The historical data trend for Litoral Transmision'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.

Litoral Transmision Equity-to-Asset Chart

Litoral Transmision Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.59 0.41 0.40

Litoral Transmision Quarterly Data
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 0.39 0.42 0.43 0.40 0.42

Competitive Comparison of Litoral Transmision's Equity-to-Asset

For the Utilities - Independent Power Producers subindustry, Litoral Transmision'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.


Litoral Transmision's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

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

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



Litoral Transmision 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.

Litoral Transmision'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
=1774.536/4439.829
=0.40

Litoral Transmision'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
=1880.461/4526.586
=0.42

* 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.


Litoral Transmision  (XSGO:LITORALTX) 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%.


Litoral Transmision Equity-to-Asset Related Terms

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


Litoral Transmision (XSGO:LITORALTX) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
San Sebastián N 2952,, 2 piso, Oficina 202, Las Condes, CHL
Litoral Transmision SA engages in electric power transmission or transportation activities. It operates in the Electricity Transmission sector, specifically in the segment of the Zonal Transmission, which is the one intended to supply the distribution system for the supply to end customers.

Litoral Transmision (XSGO:LITORALTX) Headlines

No Headlines