Elton /R (ATH:ELTON) Equity-to-Asset : 0.58 (As of Dec. 2023)

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What is Elton /R Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Elton /R's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €65.5 Mil. Elton /R's Total Assets for the quarter that ended in Dec. 2023 was €112.5 Mil. Therefore, Elton /R's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.58.

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

ATH:ELTON' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53 Med: 0.57 Max: 0.58
Current: 0.58

During the past 7 years, the highest Equity to Asset Ratio of Elton /R was 0.58. The lowest was 0.53. And the median was 0.57.

ATH:ELTON's Equity-to-Asset is ranked worse than
50.86% of 1567 companies
in the Chemicals industry
Industry Median: 0.59 vs ATH:ELTON: 0.58

Elton /R Equity-to-Asset Historical Data

The historical data trend for Elton /R'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.

Elton /R Equity-to-Asset Chart

Elton /R Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.55

0.58

0.57

0.58

Elton /R Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial					0.57	0.46	0.57	0.52	0.58

Competitive Comparison of Elton /R's Equity-to-Asset

For the Chemicals subindustry, Elton /R'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.

Elton /R's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Elton /R's Equity-to-Asset distribution charts can be found below:

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

Elton /R 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.

Elton /R's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	65.527	/	112.49
	=	0.58

Elton /R'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
	=	65.527	/	112.49
	=	0.58

Elton /R (ATH:ELTON) 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%.

Elton /R Equity-to-Asset Related Terms

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

Elton /R (ATH:ELTON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Elton SA /R (ATH:ELTON) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

Y1O:Germany

Address

Draseza Place, Industrial Park, Avlonas, Attica, GRC, 19011

Website

http://www.elton.gr

Elton SA /R is engaged in chemical ingredients distribution market & provides industrial solutions. The company covers Agrochemicals Animal Nutrition and Health, Food and Beverage, Cosmetics Pharma Household, Paints, Coatings, Construction materials, Textiles Chemical reagents and Lab equipment, Water treatment, Metal treatment, Paper treatment Candles, Lubricants, Plastics Raw materials for tires and Refrigerants. It also covers a range of industrial activities, to expand its network coverage and portfolio offering, but also to provide full up-to-date technical support and scientific information, elaborating its customers to create best products and results.

Elton /R (ATH:ELTON) Headlines

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