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Technogym SpA (MIL:TGYM) Equity-to-Asset : 0.40 (As of Jun. 2024)


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What is Technogym SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Technogym SpA's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €323.8 Mil. Technogym SpA's Total Assets for the quarter that ended in Jun. 2024 was €817.0 Mil. Therefore, Technogym SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.40.

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

MIL:TGYM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.37   Max: 0.44
Current: 0.4

During the past 11 years, the highest Equity to Asset Ratio of Technogym SpA was 0.44. The lowest was 0.03. And the median was 0.37.

MIL:TGYM's Equity-to-Asset is ranked worse than
58.05% of 839 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs MIL:TGYM: 0.40

Technogym SpA Equity-to-Asset Historical Data

The historical data trend for Technogym 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.

Technogym SpA Equity-to-Asset Chart

Technogym SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.42 0.41 0.44 0.43

Technogym SpA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.44 0.42 0.43 0.40

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

For the Leisure subindustry, Technogym 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.


Technogym SpA's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Technogym SpA's Equity-to-Asset distribution charts can be found below:

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



Technogym 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.

Technogym 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
=354.544/818.309
=0.43

Technogym 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
=323.769/817.039
=0.40

* 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.


Technogym SpA  (MIL:TGYM) 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%.


Technogym SpA Equity-to-Asset Related Terms

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Technogym SpA Business Description

Traded in Other Exchanges
Address
Via Calcinaro, 2861, Cesena, ITA, 47521
Technogym SpA is a fitness equipment manufacturer. The company offers integrated solutions for personal wellness consisting of equipment, services, and digital solutions that can be personalized and adapted to specific needs of end users and professional operators. The company offers a range of wellness, physical exercise and rehabilitation solutions to the major segments of the fitness equipment market and to the overall wellness industry. Its geographical segments are Europe (except Italy), APAC, North America, MEIA, Italy, and LATAM.

Technogym SpA Headlines

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