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Terna SpA (Terna SpA) Equity-to-Asset : 0.31 (As of Sep. 2023)


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What is Terna SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Terna SpA's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $6,763 Mil. Terna SpA's Total Assets for the quarter that ended in Sep. 2023 was $21,908 Mil. Therefore, Terna SpA's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.31.

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

TEZNY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.24   Max: 0.83
Current: 0.83

During the past 13 years, the highest Equity to Asset Ratio of Terna SpA was 0.83. The lowest was 0.19. And the median was 0.24.

TEZNY's Equity-to-Asset is ranked better than
95.39% of 521 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs TEZNY: 0.83

Terna SpA Equity-to-Asset Historical Data

The historical data trend for Terna SpA'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.

Terna SpA Equity-to-Asset Chart

Terna SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.21 0.21 0.27 0.83

Terna SpA 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 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 0.31 0.27 0.31 0.83

Competitive Comparison of Terna SpA's Equity-to-Asset

For the Utilities - Regulated Electric subindustry, Terna SpA'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.


Terna SpA's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Terna SpA's Equity-to-Asset distribution charts can be found below:

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



Terna SpA 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.

Terna SpA'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
=6506.356/24155.614
=0.27

Terna SpA'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
=6763.394/21908.111
=0.31

* 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.


Terna SpA  (OTCPK:TEZNY) 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%.


Terna SpA Equity-to-Asset Related Terms

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Terna SpA (Terna SpA) Business Description

Traded in Other Exchanges
Address
Viale Egidio Galbani, 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.

Terna SpA (Terna SpA) Headlines

From GuruFocus

Terna SpA's Dividend Analysis

By GuruFocus Research 11-23-2023