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DWLAF (Dowlais Group) Equity-to-Asset : 0.40 (As of Jun. 2024)


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What is Dowlais Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dowlais Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $3,038 Mil. Dowlais Group's Total Assets for the quarter that ended in Jun. 2024 was $7,630 Mil. Therefore, Dowlais Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.40.

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

DWLAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.44   Max: 0.51
Current: 0.4

During the past 4 years, the highest Equity to Asset Ratio of Dowlais Group was 0.51. The lowest was 0.40. And the median was 0.44.

DWLAF's Equity-to-Asset is ranked worse than
62.14% of 1318 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs DWLAF: 0.40

Dowlais Group Equity-to-Asset Historical Data

The historical data trend for Dowlais Group'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.

Dowlais Group Equity-to-Asset Chart

Dowlais Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.46 0.48 0.51 0.41

Dowlais Group Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Equity-to-Asset Get a 7-Day Free Trial - 0.51 0.43 0.41 0.40

Competitive Comparison of Dowlais Group's Equity-to-Asset

For the Auto Manufacturers subindustry, Dowlais Group'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.


Dowlais Group's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dowlais Group's Equity-to-Asset distribution charts can be found below:

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



Dowlais Group 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.

Dowlais Group'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
=3202.532/7891.139
=0.41

Dowlais Group'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
=3038.168/7629.771
=0.40

* 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.


Dowlais Group  (OTCPK:DWLAF) 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%.


Dowlais Group Equity-to-Asset Related Terms

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


Dowlais Group Business Description

Traded in Other Exchanges
Address
11 Bressenden Place, 2nd Floor Nova North, London, GBR, SW1E 5BY
Dowlais Group PLC is a specialist engineering group focused on the automotive sector. It generates value and capital growth through a portfolio of transformative and innovative businesses.

Dowlais Group Headlines

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