Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ontex Group NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €879.6 Mil. Ontex Group NV's Total Assets for the quarter that ended in Dec. 2023 was €2,361.7 Mil.
Therefore, Ontex Group NV's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.37.
The historical rank and industry rank for Ontex Group NV's Equity-to-Asset or its related term are showing as below:
WBO:ONTX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.4 Max: 0.45
Current: 0.37
During the past 13 years, the highest Equity to Asset Ratio of Ontex Group NV was 0.45. The lowest was 0.32. And the median was 0.40.
WBO:ONTX's Equity-to-Asset is ranked worse than 73.01% of 1923
companies
in the Consumer Packaged Goods industry
Industry Median: 0.54
vs WBO:ONTX: 0.37
Ontex Group NV Equity-to-Asset Historical Data
The historical data trend for Ontex Group NV'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.
Competitive Comparison of Ontex Group NV's Equity-to-Asset
For the Household & Personal Products subindustry, Ontex Group NV'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.
Ontex Group NV's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ontex Group NV's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ontex Group NV's Equity-to-Asset falls into.
Ontex Group NV 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.
Ontex Group NV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Ontex Group NV (WBO:ONTX) 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%.
Ontex Group NV Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Ontex Group NV's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Ontex Group NV is an international producer of personal-hygiene solutions offered in Europe, Russia, the Middle East, North Africa, and the Americas. Its main business segments are baby care, feminine care, and adult care. Baby care offers mainly diapers and training underpants under a variety of brands: at a lower price point, Canbebe is offered across the Middle East and Africa; Helen Harper Baby is offered across Eastern Europe, Russia, and Africa; ecological diapers such as Bio Baby are offered across Germany; and the Kiddies brand is offered in Mexico. Feminine Care offers towels, liners, and tampons under the Helen Harper and Fiore brands. Adult Care offers incontinence products, pull-up pants, and adult diapers under the Serenity, Id, Canped, and Euron brands.
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