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Vas AG (WBO:VAS) Equity-to-Asset : 0.96 (As of Dec. 2023)


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What is Vas AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vas AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €3.32 Mil. Vas AG's Total Assets for the quarter that ended in Dec. 2023 was €3.47 Mil. Therefore, Vas AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.96.

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

WBO:VAS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.94   Med: 0.95   Max: 0.96
Current: 0.96

During the past 3 years, the highest Equity to Asset Ratio of Vas AG was 0.96. The lowest was 0.94. And the median was 0.95.

WBO:VAS's Equity-to-Asset is ranked better than
98.87% of 444 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs WBO:VAS: 0.96

Vas AG Equity-to-Asset Historical Data

The historical data trend for Vas 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.

Vas AG Equity-to-Asset Chart

Vas AG Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
- 0.94 0.96

Vas AG Semi-Annual Data
Dec21 Dec22 Dec23
Equity-to-Asset - 0.94 0.96

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

For the Utilities - Independent Power Producers subindustry, Vas 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.


Vas AG's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vas AG's Equity-to-Asset distribution charts can be found below:

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



Vas 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.

Vas 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
=3.318/3.469
=0.96

Vas 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
=3.318/3.469
=0.96

* 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.


Vas AG  (WBO:VAS) 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%.


Vas AG Equity-to-Asset Related Terms

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


Vas AG (WBO:VAS) Business Description

Traded in Other Exchanges
N/A
Address
Lagerhausstraße 6, Wals-Siezenheim, Salzburg, AUT, 5071
Vas AG is a one-stop provider of solid fuel combustion plants for generating heat and electricity. It engages in the development, planning, construction, and maintenance of hot water systems, thermal oil systems and steam plants.

Vas AG (WBO:VAS) Headlines

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