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GARO AB (FRA:46GA) Equity-to-Asset : 0.47 (As of Sep. 2024)


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What is GARO AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GARO AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €48.8 Mil. GARO AB's Total Assets for the quarter that ended in Sep. 2024 was €103.2 Mil. Therefore, GARO AB's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.47.

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

FRA:46GA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.51   Max: 0.62
Current: 0.47

During the past 11 years, the highest Equity to Asset Ratio of GARO AB was 0.62. The lowest was 0.45. And the median was 0.51.

FRA:46GA's Equity-to-Asset is ranked worse than
65.47% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs FRA:46GA: 0.47

GARO AB Equity-to-Asset Historical Data

The historical data trend for GARO AB'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.

GARO AB Equity-to-Asset Chart

GARO AB 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 0.52 0.58 0.59 0.53 0.51

GARO AB 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 0.49 0.51 0.52 0.50 0.47

Competitive Comparison of GARO AB's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, GARO AB'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.


GARO AB's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GARO AB's Equity-to-Asset distribution charts can be found below:

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



GARO AB 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.

GARO AB'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
=54.488/107.151
=0.51

GARO AB'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
=48.78/103.198
=0.47

* 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.


GARO AB  (FRA:46GA) 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%.


GARO AB Equity-to-Asset Related Terms

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


GARO AB Business Description

Traded in Other Exchanges
Address
Sodergatan 26, Box 203, Gnosjo, SWE, SE-335 33
GARO AB develops, manufactures, and supplies products and systems for the electrical installations industry under its own brand. The company has operations in Sweden, Norway, Ireland, Finland, UK. and other countries. It is organized into two business segments: GARO Electrification and GARO E-mobility. GARO has a broad product assortment and is a market leader within several product areas. The majority of its revenue comes from the GARO Electrification segment. The operations in the GARO Electrification segment (BA) comprise the Electrical distribution products, Project business, and Temporary Power product areas. The GARO E-mobility segment (BA) includes only the E-mobility product area. In addition to trading operations, it also includes in-house production at two facilities.

GARO AB Headlines

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