Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Net Holding AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺33,434 Mil. Net Holding AS's Total Assets for the quarter that ended in Dec. 2023 was ₺57,800 Mil.
Therefore, Net Holding AS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.58.
The historical rank and industry rank for Net Holding AS's Equity-to-Asset or its related term are showing as below:
IST:NTHOL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39 Med: 0.58 Max: 0.65
Current: 0.58
During the past 13 years, the highest Equity to Asset Ratio of Net Holding AS was 0.65. The lowest was 0.39. And the median was 0.58.
IST:NTHOL's Equity-to-Asset is ranked better than 61.76% of 842
companies
in the Travel & Leisure industry
Industry Median: 0.49
vs IST:NTHOL: 0.58
Net Holding AS Equity-to-Asset Historical Data
The historical data trend for Net Holding AS'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.
Competitive Comparison of Net Holding AS's Equity-to-Asset
For the Travel Services subindustry, Net Holding AS'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.
Net Holding AS's Equity-to-Asset Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Net Holding AS's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Net Holding AS's Equity-to-Asset falls into.
Net Holding AS 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.
Net Holding AS's Equity to Asset Ratio for the fiscal year 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.
Net Holding AS (IST:NTHOL) 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%.
Net Holding AS Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Net Holding AS's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.
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