Green Oleo SpA (MIL:GRN) Equity-to-Asset : 0.35 (As of Jun. 2024)

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What is Green Oleo SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Green Oleo SpA's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €17.74 Mil. Green Oleo SpA's Total Assets for the quarter that ended in Jun. 2024 was €51.44 Mil. Therefore, Green Oleo SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.35.

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

MIL:GRN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24 Med: 0.33 Max: 0.35
Current: 0.35

During the past 3 years, the highest Equity to Asset Ratio of Green Oleo SpA was 0.35. The lowest was 0.24. And the median was 0.33.

MIL:GRN's Equity-to-Asset is ranked worse than
85.17% of 1564 companies
in the Chemicals industry
Industry Median: 0.59 vs MIL:GRN: 0.35

Green Oleo SpA Equity-to-Asset Historical Data

The historical data trend for Green Oleo 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.

Green Oleo SpA Equity-to-Asset Chart

Green Oleo SpA Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.24

0.31

0.35

Green Oleo SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Equity-to-Asset	0.24	0.31	-	0.35	0.35

Competitive Comparison of Green Oleo SpA's Equity-to-Asset

For the Chemicals subindustry, Green Oleo 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.

Green Oleo SpA's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Green Oleo SpA's Equity-to-Asset distribution charts can be found below:

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

Green Oleo 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.

Green Oleo 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
	=	16.76	/	48.464
	=	0.35

Green Oleo SpA'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
	=	17.74	/	51.435
	=	0.34

Green Oleo SpA (MIL:GRN) 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%.

Green Oleo SpA Equity-to-Asset Related Terms

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Green Oleo SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Green Oleo SpA (MIL:GRN) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

Via Bergamo, 66, Cremona, ITA, 26100

Website

https://www.greenoleo.com

Green Oleo SpA is one of the leading European producers of fine oleochemicals from renewable sources. It offers a wide range of fatty acids and glycerine. The main families of oleochemical products treated by GREEN OLEO are acids distilled fats with different matrices depending on the starting fat, stearic acids (stearines), oleic acid, glycerine, fatty acid derivatives (e.g. soaps), and esters.