We Buy Cars Holding (JSE:WBC) Equity-to-Asset : 0.55 (As of Sep. 2024)

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What is We Buy Cars Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. We Buy Cars Holding's Total Stockholders Equity for the quarter that ended in Sep. 2024 was R2,305 Mil. We Buy Cars Holding's Total Assets for the quarter that ended in Sep. 2024 was R4,187 Mil. Therefore, We Buy Cars Holding's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.55.

The historical rank and industry rank for We Buy Cars Holding's Equity-to-Asset or its related term are showing as below:

JSE:WBC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.55 Max: 0.55
Current: 0.55

During the past 3 years, the highest Equity to Asset Ratio of We Buy Cars Holding was 0.55. The lowest was 0.18. And the median was 0.55.

JSE:WBC's Equity-to-Asset is ranked better than
62.74% of 1315 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs JSE:WBC: 0.55

We Buy Cars Holding Equity-to-Asset Historical Data

The historical data trend for We Buy Cars Holding'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.

We Buy Cars Holding Equity-to-Asset Chart

We Buy Cars Holding Annual Data

Trend

Mar21

Sep23

Sep24

Equity-to-Asset

0.18

0.55

We Buy Cars Holding Semi-Annual Data
	Mar21	Sep23	Sep24
Equity-to-Asset	0.18	0.55	0.55

Competitive Comparison of We Buy Cars Holding's Equity-to-Asset

For the Auto & Truck Dealerships subindustry, We Buy Cars Holding'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.

We Buy Cars Holding's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, We Buy Cars Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where We Buy Cars Holding's Equity-to-Asset falls into.

We Buy Cars Holding 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.

We Buy Cars Holding's Equity to Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Equity to Asset (A: Sep. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	2305.397	/	4186.861
	=	0.55

We Buy Cars Holding's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	2305.397	/	4186.861
	=	0.55

We Buy Cars Holding (JSE:WBC) 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%.

We Buy Cars Holding Equity-to-Asset Related Terms

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We Buy Cars Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » We Buy Cars Holding Ltd (JSE:WBC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Byls Bridge Boulevard, Building 7, Byls Bridge Office Park, Centurion, GT, ZAF, 0046

Website

https://www.webuycars.co.za

We Buy Cars Holding Ltd is engaged in vehicle buying service. The company's offering extends beyond the buying and selling of vehicles. It offers finance solutions, insurance products, and services to protect the customer's car. It generates the majority of its revenue from the sale of motor vehicles.