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Noratis AG (STU:NUVA) Equity-to-Asset : 0.18 (As of Dec. 2023)


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What is Noratis AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Noratis AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €85.31 Mil. Noratis AG's Total Assets for the quarter that ended in Dec. 2023 was €471.98 Mil. Therefore, Noratis AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.18.

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

STU:NUVA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.19   Max: 0.23
Current: 0.18

During the past 9 years, the highest Equity to Asset Ratio of Noratis AG was 0.23. The lowest was 0.08. And the median was 0.19.

STU:NUVA's Equity-to-Asset is ranked worse than
86.43% of 1835 companies
in the Real Estate industry
Industry Median: 0.44 vs STU:NUVA: 0.18

Noratis AG Equity-to-Asset Historical Data

The historical data trend for Noratis 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.

Noratis AG Equity-to-Asset Chart

Noratis AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.20 0.20 0.18 0.18 0.18

Noratis AG Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.18 0.19 0.18 0.17 0.18

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

For the Real Estate - Development subindustry, Noratis 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.


Noratis AG's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Noratis AG's Equity-to-Asset distribution charts can be found below:

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



Noratis 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.

Noratis 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
=85.311/471.979
=0.18

Noratis AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=85.311/471.979
=0.18

* 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.


Noratis AG  (STU:NUVA) 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%.


Noratis AG Equity-to-Asset Related Terms

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Noratis AG (STU:NUVA) Business Description

Traded in Other Exchanges
Address
Hauptstrasse 129, Eschborn, HE, DEU, 65760
Noratis AG is a developer of residential property portfolios. The company invests in residential properties with technical and commercial development potential in Germany, mainly in small and medium-sized towns or on the outskirts of metropolitan areas. The Company specializes in the upgrading of ageing residential portfolios, mostly company-owned apartments, residential areas or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations.