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Grupa Kety (FRA:GQ2) Equity-to-Asset : 0.44 (As of Jun. 2024)


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What is Grupa Kety Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grupa Kety's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €403 Mil. Grupa Kety's Total Assets for the quarter that ended in Jun. 2024 was €917 Mil. Therefore, Grupa Kety's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.44.

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

FRA:GQ2' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.53   Max: 0.67
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of Grupa Kety was 0.67. The lowest was 0.40. And the median was 0.53.

FRA:GQ2's Equity-to-Asset is ranked worse than
75.85% of 2716 companies
in the Metals & Mining industry
Industry Median: 0.79 vs FRA:GQ2: 0.44

Grupa Kety Equity-to-Asset Historical Data

The historical data trend for Grupa Kety'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.

Grupa Kety Equity-to-Asset Chart

Grupa Kety 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 0.53 0.55 0.50 0.50 0.52

Grupa Kety Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.49 0.52 0.55 0.44

Competitive Comparison of Grupa Kety's Equity-to-Asset

For the Aluminum subindustry, Grupa Kety'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.


Grupa Kety's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grupa Kety's Equity-to-Asset distribution charts can be found below:

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



Grupa Kety 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.

Grupa Kety'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
=448.099/866.685
=0.52

Grupa Kety'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
=403.23/917.115
=0.44

* 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.


Grupa Kety  (FRA:GQ2) 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%.


Grupa Kety Equity-to-Asset Related Terms

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


Grupa Kety Business Description

Traded in Other Exchanges
Address
ul. Ko?ciuszki 111, Kety, POL, 32-650
Grupa Kety SA manufactures and sells extruded aluminum and other aluminum products primarily to industrial customers. The firm organizes itself into five segments based on product. The Extruded Products segment manufactures aluminum profiles. The Flexible Packaging segment produces and sells packaging to the food industry. The Aluminum Systems segment, which generates the most revenue of any segment, sells aluminum systems to the building industry. The Building Accessories and Building Services segments produce and sell hardware and aluminum facades to the construction industry. The vast majority of Grupa Kety's revenue comes from Poland, where the company's operations are also located.

Grupa Kety Headlines

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