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Vestas Wind Systems AS (OCSE:VWS) Equity-to-Asset : 0.13 (As of Sep. 2024)


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What is Vestas Wind Systems AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vestas Wind Systems AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr21,675 Mil. Vestas Wind Systems AS's Total Assets for the quarter that ended in Sep. 2024 was kr170,903 Mil. Therefore, Vestas Wind Systems AS's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.13.

The historical rank and industry rank for Vestas Wind Systems AS's Equity-to-Asset or its related term are showing as below:

OCSE:VWS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.25   Max: 0.34
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of Vestas Wind Systems AS was 0.34. The lowest was 0.12. And the median was 0.25.

OCSE:VWS's Equity-to-Asset is ranked worse than
95.44% of 3028 companies
in the Industrial Products industry
Industry Median: 0.56 vs OCSE:VWS: 0.13

Vestas Wind Systems AS Equity-to-Asset Historical Data

The historical data trend for Vestas Wind Systems AS'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.

Vestas Wind Systems AS Equity-to-Asset Chart

Vestas Wind Systems AS 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 0.23 0.26 0.24 0.15 0.13

Vestas Wind Systems AS Quarterly Data
Dec19 Mar20 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 0.14 0.13 0.14 0.12 0.13

Competitive Comparison of Vestas Wind Systems AS's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems AS'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.


Vestas Wind Systems AS's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems AS's Equity-to-Asset falls into.



Vestas Wind Systems AS 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.

Vestas Wind Systems AS'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
=22561.548/167806.638
=0.13

Vestas Wind Systems AS'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
=21675.057/170902.639
=0.13

* 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.


Vestas Wind Systems AS  (OCSE:VWS) 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%.


Vestas Wind Systems AS Equity-to-Asset Related Terms

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


Vestas Wind Systems AS Business Description

Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

Vestas Wind Systems AS Headlines

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