TUI AG (TUI AG) Equity-to-Asset : 0.04 (As of Dec. 2023)

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What is TUI AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TUI AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $671 Mil. TUI AG's Total Assets for the quarter that ended in Dec. 2023 was $16,923 Mil. Therefore, TUI AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.04.

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

TUIFF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.12 Med: 0.11 Max: 0.23
Current: 0.04

During the past 13 years, the highest Equity to Asset Ratio of TUI AG was 0.23. The lowest was -0.12. And the median was 0.11.

TUIFF's Equity-to-Asset is ranked worse than
88.93% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.465 vs TUIFF: 0.04

TUI AG Equity-to-Asset Historical Data

The historical data trend for TUI 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.

TUI AG Equity-to-Asset Chart

TUI AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

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0.21

-0.03

-0.08

-0.01

0.07

TUI AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															-0.05	-0.12	-	0.07	0.04

Competitive Comparison of TUI AG's Equity-to-Asset

For the Travel Services subindustry, TUI 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.

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

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

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

TUI 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.

TUI AG'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
	=	1198.399	/	17238.42
	=	0.07

TUI AG'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
	=	670.992	/	16923.337
	=	0.04

TUI AG (OTCPK:TUIFF) 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%.

TUI AG Equity-to-Asset Related Terms

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

TUI AG (TUI AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TUI AG (OTCPK:TUIFF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

1TUI1U:Italy TUIl:UK TUI:UK TUI1:Germany

Address

Karl-Wiechert-Allee 4, Hannover, SN, DEU, 30625

Website

https://www.tuigroup.com

TUI AG is a leisure and tourism company that operates airlines, cruises, tours, hotels, and resorts globally. The company organizes itself into six segments: Northern region, Central region, Western region, hotels and resorts, TUI Musement and cruises. Northern region principally comprises TUI's tour operators, airlines, and cruise business in the U.K., Ireland, and the Nordics. Central region includes the company's tour operators in Germany, Australia, Switzerland, and Poland, and the TUI fly airline. Western region includes TUI tour operators and airlines in Belgium and the Netherlands, and tour operators in France. The Northern, Central, and Western regions are the segments by revenue, in that order, and collectively constitute the vast majority of revenue.