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CIMC Enric Holdings (FRA:E8F) Equity-to-Asset : 0.41 (As of Dec. 2023)


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What is CIMC Enric Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CIMC Enric Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,443 Mil. CIMC Enric Holdings's Total Assets for the quarter that ended in Dec. 2023 was €3,543 Mil. Therefore, CIMC Enric Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.41.

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

FRA:E8F' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.42   Max: 0.57
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of CIMC Enric Holdings was 0.57. The lowest was 0.40. And the median was 0.42.

FRA:E8F's Equity-to-Asset is ranked worse than
62.18% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.5 vs FRA:E8F: 0.41

CIMC Enric Holdings Equity-to-Asset Historical Data

The historical data trend for CIMC Enric Holdings'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.

CIMC Enric Holdings Equity-to-Asset Chart

CIMC Enric Holdings 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 0.45 0.45 0.43 0.41 0.41

CIMC Enric Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.43 0.40 0.41 0.40 0.41

Competitive Comparison of CIMC Enric Holdings's Equity-to-Asset

For the Oil & Gas Equipment & Services subindustry, CIMC Enric Holdings'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.


CIMC Enric Holdings's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where CIMC Enric Holdings's Equity-to-Asset falls into.



CIMC Enric Holdings 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.

CIMC Enric Holdings'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
=1442.533/3542.991
=0.41

CIMC Enric Holdings'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
=1442.533/3542.991
=0.41

* 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.


CIMC Enric Holdings  (FRA:E8F) 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%.


CIMC Enric Holdings Equity-to-Asset Related Terms

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


CIMC Enric Holdings (FRA:E8F) Business Description

Traded in Other Exchanges
Address
CIMC R&D Center, third floor, No. 2 Gangwan Avenue, Shekou Industrial Zone, Nanshan District, Guangdong, Shenzhen, CHN
CIMC Enric Holdings Ltd is engaged in the design, development, manufacturing, engineering, and sales of transportation, storage, and processing equipment. It is also involved in the provision of technical maintenance services. The company operates through three segments. The clean energy segment specializes in the manufacture and sale of a wide range of equipment for the storage, transportation, processing, and distribution of natural gas. Chemical and environmental segment specializes in the manufacture and sale of a wide range of equipment, such as tank containers, for the storage and transportation of liquefied or gasified chemicals. The liquid food segment specializes in the engineering, manufacture, and sale of stainless-steel tanks for storage and processing liquid food.

CIMC Enric Holdings (FRA:E8F) Headlines

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