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easyJet (easyJet) Equity-to-Asset : 0.28 (As of Sep. 2023)


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What is easyJet Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. easyJet's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $3,449 Mil. easyJet's Total Assets for the quarter that ended in Sep. 2023 was $12,179 Mil. Therefore, easyJet's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.28.

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

EJTTF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.41   Max: 0.49
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of easyJet was 0.49. The lowest was 0.22. And the median was 0.41.

EJTTF's Equity-to-Asset is ranked worse than
76.84% of 980 companies
in the Transportation industry
Industry Median: 0.49 vs EJTTF: 0.28

easyJet Equity-to-Asset Historical Data

The historical data trend for easyJet'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.

easyJet Equity-to-Asset Chart

easyJet Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.22 0.27 0.24 0.28

easyJet Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.27 0.24 0.24 0.18 0.28

Competitive Comparison of easyJet's Equity-to-Asset

For the Airlines subindustry, easyJet'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.


easyJet's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, easyJet's Equity-to-Asset distribution charts can be found below:

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



easyJet 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.

easyJet's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=3449.257/12179.455
=0.28

easyJet's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=3449.257/12179.455
=0.28

* 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.


easyJet  (OTCPK:EJTTF) 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%.


easyJet Equity-to-Asset Related Terms

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


easyJet (easyJet) Business Description

Traded in Other Exchanges
Address
Hangar 89, London Luton Airport, Luton, Bedfordshire, GBR, LU2 9PF
easyJet PLC is a European low-cost carrier with a focus on Western European markets. The company employs a low-cost no-frills model to offer low fares to customers on short-haul routes. Its operating segment includes Airline that operates easyJet's route network and Holidays that sells holiday packages. It generates maximum revenue from the Airline segment. Geographically, it derives a majority of its revenue from the United Kingdom.

easyJet (easyJet) Headlines

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