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Metlen Energy & Metals (ATH:MYTIL) Equity-to-Asset : 0.29 (As of Jun. 2024)


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What is Metlen Energy & Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Metlen Energy & Metals's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €2,615 Mil. Metlen Energy & Metals's Total Assets for the quarter that ended in Jun. 2024 was €8,896 Mil. Therefore, Metlen Energy & Metals's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.29.

The historical rank and industry rank for Metlen Energy & Metals's Equity-to-Asset or its related term are showing as below:

ATH:MYTIL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.34   Max: 0.45
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of Metlen Energy & Metals was 0.45. The lowest was 0.29. And the median was 0.34.

ATH:MYTIL's Equity-to-Asset is ranked worse than
69.05% of 504 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs ATH:MYTIL: 0.29

Metlen Energy & Metals Equity-to-Asset Historical Data

The historical data trend for Metlen Energy & Metals'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.

Metlen Energy & Metals Equity-to-Asset Chart

Metlen Energy & Metals 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 0.38 0.38 0.30 0.31 0.31

Metlen Energy & Metals Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.31 0.31 0.32 0.31 0.29

Competitive Comparison of Metlen Energy & Metals's Equity-to-Asset

For the Utilities - Diversified subindustry, Metlen Energy & Metals'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.


Metlen Energy & Metals's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Metlen Energy & Metals's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Metlen Energy & Metals's Equity-to-Asset falls into.



Metlen Energy & Metals 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.

Metlen Energy & Metals'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
=2575.797/8209.608
=0.31

Metlen Energy & Metals's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=2615.364/8895.987
=0.29

* 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.


Metlen Energy & Metals  (ATH:MYTIL) 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%.


Metlen Energy & Metals Equity-to-Asset Related Terms

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Metlen Energy & Metals Business Description

Traded in Other Exchanges
Address
8 Artemidos Street, Maroussi, Athens, GRC, 151 25
Metlen Energy & Metals SA is a dominant industrial and energy company with an international presence in all five continents, which is focused on sustainability and circular economy. The company has two business segments including the new energy Segment and the metallurgy segment. Maximum revenue is generated from the new energy segment Geographically, it derives a majority of its revenue from Hellas. The Company is active in the markets in forty countries, adopting a full-scale synergetic model between the Metallurgy and Energy Sectors while undertaking end-to-end development of extensive energy infrastructure projects.

Metlen Energy & Metals Headlines

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