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Akfen Yenilenebilir Enerji (IST:AKFYE) Equity-to-Asset : 0.67 (As of Jun. 2024)


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What is Akfen Yenilenebilir Enerji Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Akfen Yenilenebilir Enerji's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ₺27,770 Mil. Akfen Yenilenebilir Enerji's Total Assets for the quarter that ended in Jun. 2024 was ₺41,725 Mil. Therefore, Akfen Yenilenebilir Enerji's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.67.

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

IST:AKFYE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.38   Max: 0.67
Current: 0.67

During the past 5 years, the highest Equity to Asset Ratio of Akfen Yenilenebilir Enerji was 0.67. The lowest was 0.08. And the median was 0.38.

IST:AKFYE's Equity-to-Asset is ranked better than
80.75% of 452 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.42 vs IST:AKFYE: 0.67

Akfen Yenilenebilir Enerji Equity-to-Asset Historical Data

The historical data trend for Akfen Yenilenebilir Enerji'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.

Akfen Yenilenebilir Enerji Equity-to-Asset Chart

Akfen Yenilenebilir Enerji Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.08 0.33 0.38 0.45 0.59

Akfen Yenilenebilir Enerji Quarterly Data
Dec19 Dec20 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 0.30 0.25 0.59 0.62 0.67

Competitive Comparison of Akfen Yenilenebilir Enerji's Equity-to-Asset

For the Utilities - Renewable subindustry, Akfen Yenilenebilir Enerji'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.


Akfen Yenilenebilir Enerji's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Akfen Yenilenebilir Enerji's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Akfen Yenilenebilir Enerji's Equity-to-Asset falls into.



Akfen Yenilenebilir Enerji 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.

Akfen Yenilenebilir Enerji'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
=20376.579/34579.915
=0.59

Akfen Yenilenebilir Enerji'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
=27770.234/41725.406
=0.67

* 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.


Akfen Yenilenebilir Enerji  (IST:AKFYE) 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%.


Akfen Yenilenebilir Enerji Equity-to-Asset Related Terms

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


Akfen Yenilenebilir Enerji Business Description

Traded in Other Exchanges
N/A
Address
Turan Gunes Bulvar? Galip Erdem Caddesi, No:3, Ilkbahar Mahallesi, Cankaya, Ankara, TUR
Akfen Yenilenebilir Enerji operates as a renewable energy company. The company generates and trades electricity through renewable energy power plants such as hydroelectric power plant facilities, Solar Power Plants, and Wind Power Plants.

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