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TMP Group SpA (MIL:TMP) Equity-to-Asset : 0.65 (As of Jun. 2023)


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What is TMP Group SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TMP Group SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €6.49 Mil. TMP Group SpA's Total Assets for the quarter that ended in Jun. 2023 was €10.02 Mil.

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

MIL:TMP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.36   Max: 0.56
Current: 0.56

During the past 3 years, the highest Equity to Asset Ratio of TMP Group SpA was 0.56. The lowest was 0.35. And the median was 0.36.

MIL:TMP's Equity-to-Asset is ranked better than
56.37% of 1059 companies
in the Media - Diversified industry
Industry Median: 0.52 vs MIL:TMP: 0.56

TMP Group SpA Equity-to-Asset Historical Data

The historical data trend for TMP 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.

TMP Group SpA Equity-to-Asset Chart

TMP Group SpA Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.35 0.36 0.56

TMP Group SpA Quarterly Data
Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial - 0.38 0.36 0.65 0.56

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

For the Advertising Agencies subindustry, TMP 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.


TMP Group SpA's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TMP Group SpA's Equity-to-Asset distribution charts can be found below:

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



TMP 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.

TMP Group 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
=5.327/9.448
=0.56

TMP Group SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=6.492/10.015
=

* 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.


TMP Group SpA  (MIL:TMP) 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%.


TMP Group SpA Equity-to-Asset Related Terms

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


TMP Group SpA (MIL:TMP) Business Description

Traded in Other Exchanges
N/A
Address
Via Tortona, 27, Milan, ITA, 20144
TMP Group SpA operates as a media company. It supports companies in the Manufactory, Fin-tech, Sport, and Fashion and Design industries in the management of positioning projects, business innovation, identity, and digital transformation through Digital Marketing, Experience and Events, Production, and Metaverse and NFT activities.

TMP Group SpA (MIL:TMP) Headlines