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Pferdewetten de AG (XTER:EMH1) Equity-to-Asset : 0.36 (As of Mar. 2024)


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What is Pferdewetten de AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pferdewetten de AG's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €18.84 Mil. Pferdewetten de AG's Total Assets for the quarter that ended in Mar. 2024 was €52.56 Mil. Therefore, Pferdewetten de AG's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.36.

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

XTER:EMH1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.57   Max: 0.79
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Pferdewetten de AG was 0.79. The lowest was 0.32. And the median was 0.57.

XTER:EMH1's Equity-to-Asset is ranked worse than
64.45% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs XTER:EMH1: 0.36

Pferdewetten de AG Equity-to-Asset Historical Data

The historical data trend for Pferdewetten de AG'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.

Pferdewetten de AG Equity-to-Asset Chart

Pferdewetten de AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.56 0.56 0.48 0.56

Pferdewetten de AG Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.56 0.47 0.38 0.32 0.36

Competitive Comparison of Pferdewetten de AG's Equity-to-Asset

For the Gambling subindustry, Pferdewetten de AG'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.


Pferdewetten de AG's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pferdewetten de AG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Pferdewetten de AG's Equity-to-Asset falls into.



Pferdewetten de AG 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.

Pferdewetten de AG'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
=19.913/35.736
=0.56

Pferdewetten de AG'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
=18.837/52.564
=0.36

* 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.


Pferdewetten de AG  (XTER:EMH1) 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%.


Pferdewetten de AG Equity-to-Asset Related Terms

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Pferdewetten de AG (XTER:EMH1) Business Description

Traded in Other Exchanges
Address
Schlossstrasse 38, Hamburg, DEU
Pferdewetten de AG is involved in arranging and placing bets for horse racing and other sports events. It engages in the online and offline horse betting business in Germany. Its horse betting services range from betting on German galloping and trotting to English, French, and other international horse races. The company also provides online horse betting services through its Internet platform pferdewetten.de. In addition, it offers consultancy and training services for the implementation and processing of sports and horse betting.

Pferdewetten de AG (XTER:EMH1) Headlines

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