GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Cleanaway Waste Management Ltd (STU:TG9) » Definitions » Equity-to-Asset

Cleanaway Waste Management (STU:TG9) Equity-to-Asset : 0.47 (As of Jun. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Cleanaway Waste Management Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cleanaway Waste Management's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €1,849 Mil. Cleanaway Waste Management's Total Assets for the quarter that ended in Jun. 2024 was €3,931 Mil. Therefore, Cleanaway Waste Management's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.47.

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

STU:TG9' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.59   Max: 0.62
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Cleanaway Waste Management was 0.62. The lowest was 0.45. And the median was 0.59.

STU:TG9's Equity-to-Asset is ranked better than
53.78% of 251 companies
in the Waste Management industry
Industry Median: 0.46 vs STU:TG9: 0.47

Cleanaway Waste Management Equity-to-Asset Historical Data

The historical data trend for Cleanaway Waste Management'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.

Cleanaway Waste Management Equity-to-Asset Chart

Cleanaway Waste Management Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.57 0.45 0.48 0.47

Cleanaway Waste Management Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 0.45 0.50 0.48 0.47 0.47

Competitive Comparison of Cleanaway Waste Management's Equity-to-Asset

For the Waste Management subindustry, Cleanaway Waste Management'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.


Cleanaway Waste Management's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Waste Management's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cleanaway Waste Management's Equity-to-Asset falls into.



Cleanaway Waste Management 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.

Cleanaway Waste Management'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
=1848.994/3930.978
=0.47

Cleanaway Waste Management'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
=1848.994/3930.978
=0.47

* 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.


Cleanaway Waste Management  (STU:TG9) 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%.


Cleanaway Waste Management Equity-to-Asset Related Terms

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


Cleanaway Waste Management Business Description

Traded in Other Exchanges
Address
441 St Kilda Road, Level 4, Melbourne, VIC, AUS, 3004
Cleanaway Waste Management is Australia's largest waste management business with a national footprint in the collection and disposal of waste. It is active in municipal and commercial and industrial waste stream segments and in nonhazardous and hazardous liquid and medical waste. While Cleanaway is allocating greater capital to waste processing and treatment, earnings remain skewed toward waste collection. The company is particularly strong in commercial, industrial, and municipal waste collection with strong market share in all large Australian metro waste collection markets.

Cleanaway Waste Management Headlines

No Headlines