Sicit Group SpA (MIL:SICT) Equity-to-Asset : 0.71 (As of Dec. 2020)

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What is Sicit Group SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sicit Group SpA's Total Stockholders Equity for the quarter that ended in Dec. 2020 was €87.88 Mil. Sicit Group SpA's Total Assets for the quarter that ended in Dec. 2020 was €124.54 Mil. Therefore, Sicit Group SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2020 was 0.71.

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

MIL:SICT's Equity-to-Asset is not ranked ^*
in the Agriculture industry.
Industry Median: 0.52
* Ranked among companies with meaningful Equity-to-Asset only.

Sicit Group SpA Equity-to-Asset Historical Data

The historical data trend for Sicit Group 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.

Sicit Group SpA Equity-to-Asset Chart

Sicit Group SpA Annual Data

Trend

Dec16

Dec17

Jun18

Dec19

Dec20

Equity-to-Asset

0.84

0.83

1.00

0.82

0.71

Sicit Group SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Equity-to-Asset	Get a 7-Day Free Trial			0.81	0.87	0.82	0.77	0.71

Competitive Comparison of Sicit Group SpA's Equity-to-Asset

For the Agricultural Inputs subindustry, Sicit Group 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.

Sicit Group SpA's Equity-to-Asset Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sicit Group SpA's Equity-to-Asset distribution charts can be found below:

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

Sicit Group 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.

Sicit Group SpA's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )	=	Total Stockholders Equity	/	Total Assets
	=	87.882	/	124.544
	=	0.71

Sicit Group SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

Equity to Asset (Q: Dec. 2020 )	=	Total Stockholders Equity	/	Total Assets
	=	87.882	/	124.544
	=	0.71

Sicit Group SpA (MIL:SICT) 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%.

Sicit Group SpA Equity-to-Asset Related Terms

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

Sicit Group SpA (MIL:SICT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Sicit Group SpA (MIL:SICT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via del Lavoro 114, Arzignano, ITA, 36071

Website

https://www.sicitgroup.com

Sicit Group SpA is engaged in transforming the processed residues from leather tanning into protein hydrolysates, used as biostimulants for agriculture and retardants for the plaster industry. The company supplies its products in the agrochemical and industrial sectors. Geographically, it has a presence in APAC; the Americas, and the Rest of the world.

Sicit Group SpA (MIL:SICT) Headlines

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