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Technip Energies NV (LTS:0A8A) Equity-to-Asset : 0.22 (As of Jun. 2024)


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What is Technip Energies NV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Technip Energies NV's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €1,932 Mil. Technip Energies NV's Total Assets for the quarter that ended in Jun. 2024 was €8,671 Mil. Therefore, Technip Energies NV's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.22.

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

LTS:0A8A' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.21   Max: 0.26
Current: 0.22

During the past 7 years, the highest Equity to Asset Ratio of Technip Energies NV was 0.26. The lowest was 0.17. And the median was 0.21.

LTS:0A8A's Equity-to-Asset is ranked worse than
81.21% of 1059 companies
in the Oil & Gas industry
Industry Median: 0.51 vs LTS:0A8A: 0.22

Technip Energies NV Equity-to-Asset Historical Data

The historical data trend for Technip Energies NV'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.

Technip Energies NV Equity-to-Asset Chart

Technip Energies NV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.21 0.23 0.18 0.20 0.22

Technip Energies NV Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 0.18 0.20 0.20 0.22 0.22

Competitive Comparison of Technip Energies NV's Equity-to-Asset

For the Oil & Gas Equipment & Services subindustry, Technip Energies NV'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.


Technip Energies NV's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Technip Energies NV's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Technip Energies NV's Equity-to-Asset falls into.



Technip Energies NV 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.

Technip Energies NV'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
=1894.8/8669.5
=0.22

Technip Energies NV'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
=1931.8/8671.3
=0.22

* 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.


Technip Energies NV  (LTS:0A8A) 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%.


Technip Energies NV Equity-to-Asset Related Terms

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Technip Energies NV Business Description

Traded in Other Exchanges
Address
2126 boulevard de la Defense, CS 10266, Nanterre, Cedex, FRA, 92741
Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products and services on energy infrastructure both onshore and offshore. Technip Energies is positioned on two business segments addressing its key markets: Technology Products & Services (TPS) and Project Delivery. Substantial revenue is derived from the Project Delivery segment.

Technip Energies NV Headlines

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