DG Innovate (LSE:DGI) Equity-to-Asset : 0.61 (As of Dec. 2023)

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What is DG Innovate Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DG Innovate's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £4.38 Mil. DG Innovate's Total Assets for the quarter that ended in Dec. 2023 was £7.24 Mil.

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

LSE:DGI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.8 Max: 0.84
Current: 0.61

During the past 5 years, the highest Equity to Asset Ratio of DG Innovate was 0.84. The lowest was 0.61. And the median was 0.80.

LSE:DGI's Equity-to-Asset is ranked better than
59.16% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs LSE:DGI: 0.61

DG Innovate Equity-to-Asset Historical Data

The historical data trend for DG Innovate'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.

DG Innovate Equity-to-Asset Chart

DG Innovate Annual Data

Trend

Mar19

Mar20

Mar21

Dec22

Dec23

Equity-to-Asset

0.84

0.80

0.72

0.82

0.61

DG Innovate Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial				-	0.85	0.82	0.80	0.61

Competitive Comparison of DG Innovate's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, DG Innovate'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.

DG Innovate's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, DG Innovate's Equity-to-Asset distribution charts can be found below:

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

DG Innovate 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.

DG Innovate'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
	=	4.38	/	7.24
	=	0.60

DG Innovate'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
	=	4.38	/	7.24
	=

DG Innovate (LSE:DGI) 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%.

DG Innovate Equity-to-Asset Related Terms

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DG Innovate (LSE:DGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DG Innovate PLC (LSE:DGI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mill Field Road, 15 Victoria Mews Cottingley Business Park, Bingley, GBR, BD16 1PY

Website

https://www.dgiplc.com

DG Innovate PLC is a research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and engineering & scientific practices. The company is currently developing its products alongside several major manufacturers across the transportation and energy sectors, research institutions and the UK Government and has filed 18 patents worldwide.