TrenDevice SpA (MIL:TD) Equity-to-Asset: 0.17 (As of Jun. 2024)

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What is TrenDevice SpA Equity-to-Asset?

TrenDevice SpA MIL:TD Equity-to-Asset is 0.17 as of Jun. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TrenDevice SpA's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €2.00 Mil. TrenDevice SpA's Total Assets for the quarter that ended in Jun. 2024 was €11.72 Mil. Therefore, TrenDevice SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.17.

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

MIL:TD's Equity-to-Asset is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

TrenDevice SpA  (MIL:TD) 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%.

TrenDevice SpA Equity-to-Asset Related Terms

TrenDevice SpA Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for TrenDevice 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.

TrenDevice SpA Equity-to-Asset Chart

TrenDevice SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.21 0.44 0.23 0.24 0.22

TrenDevice SpA Semi-Annual Data
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 0.14 0.24 0.21 0.22 0.17

MIL:TD vs TSCO, ULTA, WSM: Equity-to-Asset Comparison

For the Specialty Retail subindustry, TrenDevice 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.

TrenDevice SpA Equity-to-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TrenDevice SpA's Equity-to-Asset distribution charts can be found below:

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


TrenDevice 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.

TrenDevice 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
=3.261/14.6
=0.22

TrenDevice 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
=1.999/11.718
=0.17

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.17 mean?
TrenDevice SpA (MIL:TD) has a Equity-to-Asset of 0.17 as of Jun. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TrenDevice SpA and its competitors.
Is TrenDevice SpA's Equity-to-Asset too high?
TrenDevice SpA's current Equity-to-Asset is 0.17. The Retail - Cyclical industry median Equity-to-Asset is 0.44. TrenDevice SpA's value of 0.17 is 61.4% below this industry median.
How does TrenDevice SpA's Equity-to-Asset compare to TSCO and ULTA?
TrenDevice SpA's Equity-to-Asset of 0.17 can be compared against companies in the Retail - Cyclical industry. The industry median Equity-to-Asset is 0.44. TrenDevice SpA's value of 0.17 is 61.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Retail - Cyclical company?
The median Equity-to-Asset among Retail - Cyclical companies is 0.44, based on 1,131 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TrenDevice SpA's current Equity-to-Asset of 0.17 is 61.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TrenDevice SpA and its competitors. For the Retail - Cyclical industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TrenDevice SpA's current Equity-to-Asset is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TrenDevice SpA stock overvalued right now?
TrenDevice SpA (MIL:TD) has a current Equity-to-Asset of 0.17. The current Equity-to-Asset is 0.17 and 61.4% below the Retail - Cyclical industry median of 0.44. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For TrenDevice SpA (MIL:TD), the current Equity-to-Asset is 0.17 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TrenDevice SpA Business Description

Address Via Niccolo Copernico 38, Milan, ITA, 20125
TrenDevice SpA is engaged in the refurbishing and marketing of electronic products such as computers, smartphones, tablets, smartwatches, and others. It also offers maintenance and repair services.