GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS (IST:VAKKO) » Definitions » Equity-to-Asset

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS (IST:VAKKO) Equity-to-Asset : 0.59 (As of Dec. 2023)


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What is Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺5,226 Mil. Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Total Assets for the quarter that ended in Dec. 2023 was ₺8,812 Mil. Therefore, Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.59.

The historical rank and industry rank for Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Equity-to-Asset or its related term are showing as below:

IST:VAKKO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.4   Max: 0.59
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS was 0.59. The lowest was 0.29. And the median was 0.40.

IST:VAKKO's Equity-to-Asset is ranked better than
59.41% of 1079 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.53 vs IST:VAKKO: 0.59

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Equity-to-Asset Historical Data

The historical data trend for Vakko Tekstil ve Hazir Giyimnayi Isletmeleri 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.

* Premium members only.

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Equity-to-Asset Chart

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS 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 0.29 0.30 0.35 0.53 0.59

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.53 0.46 0.44 0.47 0.59

Competitive Comparison of Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Equity-to-Asset

For the Apparel Manufacturing subindustry, Vakko Tekstil ve Hazir Giyimnayi Isletmeleri 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.


Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Equity-to-Asset falls into.



Vakko Tekstil ve Hazir Giyimnayi Isletmeleri 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.

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS'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
=5225.827/8811.582
=0.59

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS'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
=5225.827/8811.582
=0.59

* 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.


Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS  (IST:VAKKO) 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%.


Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Equity-to-Asset Related Terms

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Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Business Description

Traded in Other Exchanges
N/A
Address
Londra Asfalti Cirpici Cayiri Mevki, Merter, ISTANBUL, TUR
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS is engaged in textile manufacturing. The company sells men's wear, women's wear, bags, shoes and cosmetics.

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Headlines

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