Corporacion Acciona Energias Renovables (CHIX:ANEE) Equity-to-Asset : 0.40 (As of Dec. 2023)

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What is Corporacion Acciona Energias Renovables Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Corporacion Acciona Energias Renovables's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €5,850 Mil. Corporacion Acciona Energias Renovables's Total Assets for the quarter that ended in Dec. 2023 was €14,672 Mil. Therefore, Corporacion Acciona Energias Renovables's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.40.

The historical rank and industry rank for Corporacion Acciona Energias Renovables's Equity-to-Asset or its related term are showing as below:

CHIX:ANEe' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.35 Max: 0.48
Current: 0.4

During the past 6 years, the highest Equity to Asset Ratio of Corporacion Acciona Energias Renovables was 0.48. The lowest was 0.27. And the median was 0.35.

CHIX:ANEe's Equity-to-Asset is ranked worse than
50.68% of 444 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs CHIX:ANEe: 0.40

Corporacion Acciona Energias Renovables Equity-to-Asset Historical Data

The historical data trend for Corporacion Acciona Energias Renovables'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.

Corporacion Acciona Energias Renovables Equity-to-Asset Chart

Corporacion Acciona Energias Renovables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.29

0.27

0.47

0.48

0.40

Corporacion Acciona Energias Renovables Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial					0.47	0.46	0.48	0.44	0.40

Competitive Comparison of Corporacion Acciona Energias Renovables's Equity-to-Asset

For the Utilities - Renewable subindustry, Corporacion Acciona Energias Renovables'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.

Corporacion Acciona Energias Renovables's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Corporacion Acciona Energias Renovables's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Corporacion Acciona Energias Renovables's Equity-to-Asset falls into.

Corporacion Acciona Energias Renovables 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.

Corporacion Acciona Energias Renovables'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
	=	5850	/	14672
	=	0.40

Corporacion Acciona Energias Renovables'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
	=	5850	/	14672
	=	0.40

Corporacion Acciona Energias Renovables (CHIX:ANEe) 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%.

Corporacion Acciona Energias Renovables Equity-to-Asset Related Terms

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

Corporacion Acciona Energias Renovables (CHIX:ANEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Corporacion Acciona Energias Renovables SA (CHIX:ANEe) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ANE:Spain 5BP:Germany

Address

Avenida de Europa, 18, Parque Empresarial La Moraleja, Alcobendas, Madrid, ESP, 28108

Website

https://www.acciona-energia.com

A renewables developer, Acciona Energia was spun off from Spanish industrial conglomerate Acciona in July 2021. The floating share is 17.3%. In June 2022, the group had 9.2 gigawatts of consolidated capacity (11.2 GW of total capacity). Eighty percent of Acciona Energia's capacity is onshore wind, nearly 10% is hydro dams in Spain and 9% is solar photovoltaic. Geographically, 50% of the capacity are located in Spain. The three biggest markets outside Spain are Mexico, the U.S., and Australia accounting for 12%, 11%, and 6% of capacity, respectively.

Corporacion Acciona Energias Renovables (CHIX:ANEE) Headlines

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