Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Via Renewables's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $134.7 Mil. Via Renewables's Total Assets for the quarter that ended in Dec. 2023 was $303.8 Mil.
Therefore, Via Renewables's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.44.
The historical rank and industry rank for Via Renewables's Equity-to-Asset or its related term are showing as below:
VIA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06 Med: 0.31 Max: 0.44
Current: 0.44
During the past 12 years, the highest Equity to Asset Ratio of Via Renewables was 0.44. The lowest was 0.06. And the median was 0.31.
VIA's Equity-to-Asset is ranked better than 62.5% of 520
companies
in the Utilities - Regulated industry
Industry Median: 0.38
vs VIA: 0.44
Via Renewables Equity-to-Asset Historical Data
The historical data trend for Via Renewables'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.
For the Utilities - Regulated Electric subindustry, Via Renewables'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.
Via Renewables Equity-to-Asset Distribution
For the Utilities - Regulated industry and Utilities sector, Via Renewables's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Via Renewables's Equity-to-Asset falls into.
Via Renewables 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.
Via Renewables's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Via Renewables (NAS:VIA) 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%.
Via Renewables Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Via Renewables's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Via Renewables (Via Renewables) Business Description
Via Renewables Inc is an independent retail energy services company. It provides residential and commercial customers in competitive markets across the United States with an alternative choice for natural gas and electricity. Via Renewables offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives. Its segments are Retail Electricity and Retail Natural Gas. The key revenue is derived from the Retail Electricity segment in which the company purchase electricity supply through physical and financial transactions with market counterparties and ISOs and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts.
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