Clean Teq Water (FRA:9NK) Equity-to-Asset : 0.66 (As of Dec. 2023)

Clean Teq Water Equity-to-Asset Chart

Competitive Comparison of Clean Teq Water's Equity-to-Asset

For the Utilities - Regulated Water subindustry, Clean Teq Water'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.

Clean Teq Water's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Clean Teq Water's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Clean Teq Water's Equity-to-Asset falls into.

Clean Teq Water 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.

Clean Teq Water's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Clean Teq Water's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.

Clean Teq Water  (FRA:9NK) 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%.

Clean Teq Water Equity-to-Asset Related Terms

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

Clean Teq Water (FRA:9NK) Business Description