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WEJTY (Web Travel Group) Equity-to-Asset : 0.43 (As of Sep. 2024)


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What is Web Travel Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Web Travel Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $482.5 Mil. Web Travel Group's Total Assets for the quarter that ended in Sep. 2024 was $1,113.2 Mil. Therefore, Web Travel Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.43.

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

WEJTY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.44   Max: 0.66
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of Web Travel Group was 0.66. The lowest was 0.40. And the median was 0.44.

WEJTY's Equity-to-Asset is ranked worse than
55.54% of 830 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs WEJTY: 0.43

Web Travel Group Equity-to-Asset Historical Data

The historical data trend for Web Travel Group'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.

Web Travel Group Equity-to-Asset Chart

Web Travel Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.66 0.53 0.52 0.50

Web Travel Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.50 0.52 0.50 0.50 0.43

Competitive Comparison of Web Travel Group's Equity-to-Asset

For the Travel Services subindustry, Web Travel Group'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.


Web Travel Group's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Web Travel Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Web Travel Group's Equity-to-Asset falls into.


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Web Travel Group 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.

Web Travel Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=616.918/1225.705
=0.50

Web Travel Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=482.464/1113.202
=0.43

* 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.


Web Travel Group  (OTCPK:WEJTY) 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%.


Web Travel Group Equity-to-Asset Related Terms

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


Web Travel Group Business Description

Traded in Other Exchanges
Address
509 St Kilda Road, Level 2, Melbourne, VIC, AUS, 3004
Web Travel Group provides online accommodation bookings across Europe, Asia-Pacific, the Middle East, and Africa, as well as Americas. The group operates in the business to business, or B2B, segment. The B2B business, WebBeds, acts as an intermediary between hotels and wholesale/retail travel service providers. WebBeds is currently the world's second biggest B2B accommodation booking provider despite only a 4% market share of the fragmented AUD 70 billion global B2B accommodation market.

Web Travel Group Headlines

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