ENovia SpA (MIL:E9IA) Equity-to-Asset : 0.17 (As of Dec. 2023)

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What is ENovia SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ENovia SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €7.26 Mil. ENovia SpA's Total Assets for the quarter that ended in Dec. 2023 was €42.53 Mil. Therefore, ENovia SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.17.

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

MIL:E9IA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07 Med: 0.17 Max: 0.42
Current: 0.17

During the past 4 years, the highest Equity to Asset Ratio of ENovia SpA was 0.42. The lowest was 0.07. And the median was 0.17.

MIL:E9IA's Equity-to-Asset is not ranked
in the Hardware industry.
Industry Median: 0.56 vs MIL:E9IA: 0.17

ENovia SpA Equity-to-Asset Historical Data

The historical data trend for ENovia SpA'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.

ENovia SpA Equity-to-Asset Chart

ENovia SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.17

0.07

0.42

0.17

ENovia SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.07	-0.04	0.42	0.41	0.17

Competitive Comparison of ENovia SpA's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, ENovia SpA'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.

ENovia SpA's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ENovia SpA's Equity-to-Asset distribution charts can be found below:

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

ENovia SpA 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.

ENovia SpA'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
	=	7.258	/	42.532
	=	0.17

ENovia SpA'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
	=	7.258	/	42.532
	=	0.17

ENovia SpA (MIL:E9IA) 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%.

ENovia SpA Equity-to-Asset Related Terms

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ENovia SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ENovia SpA (MIL:E9IA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via San Martino 12, Milan, ITA, 20122

Website

https://www.e-novia.it

ENovia spa applies processes and methods to transform Intellectual Property into technology-based enterprises. Its products are Vehicular Robotics and Collaborative robotics.

ENovia SpA Headlines

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