GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MYT Netherlands Parent BV (NYSE:MYTE) » Definitions » Equity-to-Asset

MYTE (MYT Netherlands Parent BV) Equity-to-Asset : 0.62 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is MYT Netherlands Parent BV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MYT Netherlands Parent BV's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $463.2 Mil. MYT Netherlands Parent BV's Total Assets for the quarter that ended in Sep. 2024 was $750.5 Mil. Therefore, MYT Netherlands Parent BV's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.62.

The historical rank and industry rank for MYT Netherlands Parent BV's Equity-to-Asset or its related term are showing as below:

MYTE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.65   Max: 0.77
Current: 0.62

During the past 8 years, the highest Equity to Asset Ratio of MYT Netherlands Parent BV was 0.77. The lowest was 0.17. And the median was 0.65.

MYTE's Equity-to-Asset is ranked better than
75.49% of 1122 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs MYTE: 0.62

MYT Netherlands Parent BV Equity-to-Asset Historical Data

The historical data trend for MYT Netherlands Parent BV'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.

MYT Netherlands Parent BV Equity-to-Asset Chart

MYT Netherlands Parent BV Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial 0.17 0.74 0.70 0.64 0.63

MYT Netherlands Parent BV Quarterly Data
Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.64 0.61 0.65 0.63 0.62

Competitive Comparison of MYT Netherlands Parent BV's Equity-to-Asset

For the Luxury Goods subindustry, MYT Netherlands Parent BV'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.


MYT Netherlands Parent BV's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MYT Netherlands Parent BV's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where MYT Netherlands Parent BV's Equity-to-Asset falls into.



MYT Netherlands Parent BV 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.

MYT Netherlands Parent BV's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=468.938/749.743
=0.63

MYT Netherlands Parent BV's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=463.188/750.537
=0.62

* 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.


MYT Netherlands Parent BV  (NYSE:MYTE) 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%.


MYT Netherlands Parent BV Equity-to-Asset Related Terms

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


MYT Netherlands Parent BV Business Description

Traded in Other Exchanges
N/A
Address
Einsteinring 9, Munich, BY, DEU, 85609
MYT Netherlands Parent BV is a luxury e-commerce platform. The company offers luxury fashion wear for men, women, and kids. Also, the company sells shoes, bags, and accessories. The company operates in two segments which include the online segment and Retail store segments in which the majority of its revenue is generated from the Online segment.