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ErreDue SpA (MIL:RDUE) Equity-to-Asset : 0.75 (As of Dec. 2024)


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What is ErreDue SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ErreDue SpA's Total Stockholders Equity for the quarter that ended in Dec. 2024 was €32.16 Mil. ErreDue SpA's Total Assets for the quarter that ended in Dec. 2024 was €42.63 Mil. Therefore, ErreDue SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.75.

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

MIL:RDUE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.68   Max: 0.78
Current: 0.75

During the past 6 years, the highest Equity to Asset Ratio of ErreDue SpA was 0.78. The lowest was 0.59. And the median was 0.68.

MIL:RDUE's Equity-to-Asset is ranked better than
79.98% of 3032 companies
in the Industrial Products industry
Industry Median: 0.57 vs MIL:RDUE: 0.75

ErreDue SpA Equity-to-Asset Historical Data

The historical data trend for ErreDue 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.

ErreDue SpA Equity-to-Asset Chart

ErreDue SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial 0.61 0.60 0.78 0.76 0.75

ErreDue SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.74 0.76 0.72 0.75

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

For the Specialty Industrial Machinery subindustry, ErreDue 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.


ErreDue SpA's Equity-to-Asset Distribution in the Industrial Products Industry

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

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


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ErreDue 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.

ErreDue SpA's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=32.16/42.633
=0.75

ErreDue SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=32.16/42.633
=0.75

* 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.


ErreDue SpA  (MIL:RDUE) 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%.


ErreDue SpA Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of ErreDue SpA's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


ErreDue SpA Business Description

Traded in Other Exchanges
Address
Via G. Gozzano, 3, Livorno, ITA, 57121
ErreDue SpA designs manufacture and markets solutions for the on-site production, blending, and purification of technical gases (hydrogen produced by electrolysis of water, nitrogen, and oxygen) intended for use in small, medium, and large industrial sites, laboratories, medical applications, applications related to the energy transition. Its range of products comprises High purity Hydrogen generators, High purity Nitrogen generators, Oxygen generators, and Purification systems for Nitrogen, Hydrogen, Oxygen, and complex gas mixtures.

ErreDue SpA Headlines

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