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Eni SpA (CHIX:ENIM) Equity-to-Asset : 0.37 (As of Sep. 2024)


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What is Eni SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eni SpA's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €51,037 Mil. Eni SpA's Total Assets for the quarter that ended in Sep. 2024 was €139,363 Mil. Therefore, Eni SpA's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.37.

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

CHIX:ENIm' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.4   Max: 0.43
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of Eni SpA was 0.43. The lowest was 0.30. And the median was 0.40.

CHIX:ENIm's Equity-to-Asset is ranked worse than
65.63% of 1059 companies
in the Oil & Gas industry
Industry Median: 0.51 vs CHIX:ENIm: 0.37

Eni SpA Equity-to-Asset Historical Data

The historical data trend for Eni SpA'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.

Eni SpA Equity-to-Asset Chart

Eni SpA 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 0.39 0.34 0.32 0.36 0.37

Eni SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.40 0.37 0.37 0.37 0.37

Competitive Comparison of Eni SpA's Equity-to-Asset

For the Oil & Gas Integrated subindustry, Eni SpA'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.


Eni SpA's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Eni SpA's Equity-to-Asset distribution charts can be found below:

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



Eni SpA 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.

Eni SpA'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
=53184/142606
=0.37

Eni SpA's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=51037/139363
=0.37

* 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.


Eni SpA  (CHIX:ENIm) 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%.


Eni SpA Equity-to-Asset Related Terms

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


Eni SpA Business Description

Address
1, Piazzale Enrico Mattei, Rome, ITA, 00144
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, the company produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day. At end-2023, Eni held reserves of 6.4 billion barrels of oil equivalent, 48% of which are liquids. The Italian government owns a 30.1% stake in the company. Eni is placing its renewable and low-carbon business in a separate entity called Plentitude, which it will likely list publicly at some point.

Eni SpA Headlines

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