Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zumtobel Group AG's Total Stockholders Equity for the quarter that ended in Jan. 2024 was €426 Mil. Zumtobel Group AG's Total Assets for the quarter that ended in Jan. 2024 was €984 Mil.
Therefore, Zumtobel Group AG's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.43.
The historical rank and industry rank for Zumtobel Group AG's Equity-to-Asset or its related term are showing as below:
WBO:ZAG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.32 Max: 0.43
Current: 0.43
During the past 13 years, the highest Equity to Asset Ratio of Zumtobel Group AG was 0.43. The lowest was 0.27. And the median was 0.32.
WBO:ZAG's Equity-to-Asset is ranked worse than 71.34% of 3025
companies
in the Industrial Products industry
Industry Median: 0.56
vs WBO:ZAG: 0.43
Zumtobel Group AG Equity-to-Asset Historical Data
The historical data trend for Zumtobel Group 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.
Competitive Comparison of Zumtobel Group AG's Equity-to-Asset
For the Electrical Equipment & Parts subindustry, Zumtobel Group 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.
Zumtobel Group AG's Equity-to-Asset Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zumtobel Group AG's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Zumtobel Group AG's Equity-to-Asset falls into.
Zumtobel Group 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.
Zumtobel Group AG's Equity to Asset Ratio for the fiscal year that ended in Apr. 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.
Zumtobel Group AG (WBO:ZAG) 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%.
Zumtobel Group AG Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Zumtobel Group AG's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Zumtobel Group AG supplies lighting solutions, lighting components, and associated services. The company also manufactures and hardware and software for lighting systems (LED light sources and LED drivers, sensors, and lighting management). It provides consultation on smart lighting controls and emergency lighting systems, light contracting, design services, and project management of turnkey lighting solutions, as well as new, data-based services focused on delivering connectivity for buildings and municipalities via the lighting infrastructure. The operating segments of the group are the Lighting segment and Components segment, of which a majority of revenue is generated from the Lighting segment, The group has a business presence all around the globe.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WBO:ZAG has been successfully added to your 