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Wingara AG (ASX:WNR) Equity-to-Asset : 0.65 (As of Sep. 2023)


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What is Wingara AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wingara AG's Total Stockholders Equity for the quarter that ended in Sep. 2023 was A$2.81 Mil. Wingara AG's Total Assets for the quarter that ended in Sep. 2023 was A$4.32 Mil. Therefore, Wingara AG's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.65.

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

ASX:WNR' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.32   Med: 0.32   Max: 0.65
Current: 0.65

During the past 13 years, the highest Equity to Asset Ratio of Wingara AG was 0.65. The lowest was -2.32. And the median was 0.32.

ASX:WNR's Equity-to-Asset is ranked better than
66.81% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs ASX:WNR: 0.65

Wingara AG Equity-to-Asset Historical Data

The historical data trend for Wingara 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.

Wingara AG Equity-to-Asset Chart

Wingara AG Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.30 0.28 0.21 0.31

Wingara AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 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 0.28 0.21 0.22 0.31 0.65

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

For the Farm Products subindustry, Wingara 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.


Wingara AG's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wingara AG's Equity-to-Asset distribution charts can be found below:

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



Wingara 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.

Wingara AG's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=6.038/19.506
=0.31

Wingara AG'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
=2.812/4.321
=0.65

* 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.


Wingara AG  (ASX:WNR) 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%.


Wingara AG Equity-to-Asset Related Terms

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Wingara AG (ASX:WNR) Business Description

Traded in Other Exchanges
N/A
Address
10 Oxley Road Hawthorn, Level 1, Laverton, VIC, AUS, 3122
Wingara AG Ltd operates as a processor and marketer of agricultural products in Australia. The Group operates in two segments: Acting as a processor and marketer of agricultural products (fodder business) and also Acting as a service provider for manufacturers, providing temperature-controlled facilities, blast freezing, storage, and distribution. The company generates maximum revenue from the fodder business.

Wingara AG (ASX:WNR) Headlines