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Lenzing AG (STU:LEN) Equity-to-Asset : 0.25 (As of Jun. 2024)


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What is Lenzing AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lenzing AG's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €1,323 Mil. Lenzing AG's Total Assets for the quarter that ended in Jun. 2024 was €5,289 Mil. Therefore, Lenzing AG's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.25.

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

STU:LEN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.44   Max: 0.59
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of Lenzing AG was 0.59. The lowest was 0.25. And the median was 0.44.

STU:LEN's Equity-to-Asset is ranked worse than
84.71% of 1079 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.53 vs STU:LEN: 0.25

Lenzing AG Equity-to-Asset Historical Data

The historical data trend for Lenzing AG'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.

Lenzing AG Equity-to-Asset Chart

Lenzing AG 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 0.49 0.42 0.35 0.32 0.28

Lenzing AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.30 0.33 0.28 0.26 0.25

Competitive Comparison of Lenzing AG's Equity-to-Asset

For the Textile Manufacturing subindustry, Lenzing AG'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.


Lenzing AG's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lenzing AG's Equity-to-Asset distribution charts can be found below:

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



Lenzing AG 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.

Lenzing AG'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
=1440.386/5214.563
=0.28

Lenzing AG'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
=1322.6/5289.3
=0.25

* 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.


Lenzing AG  (STU:LEN) 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%.


Lenzing AG Equity-to-Asset Related Terms

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


Lenzing AG Business Description

Traded in Other Exchanges
Address
Werkstrasse 2, Lenzing, AUT, 4860
Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.

Lenzing AG Headlines

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