Elektrokrajina AD (XBLB:EKBL-R-A) Equity-to-Asset: 0.46 (As of Dec. 2023)

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What is Elektrokrajina AD Equity-to-Asset?

Elektrokrajina AD XBLB:EKBL-R-A Equity-to-Asset is 0.46 as of Dec. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Elektrokrajina AD's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BAM233.6 Mil. Elektrokrajina AD's Total Assets for the quarter that ended in Dec. 2023 was BAM510.1 Mil. Therefore, Elektrokrajina AD's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.46.

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

XBLB:EKBL-R-A's Equity-to-Asset is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.36
* Ranked among companies with meaningful Equity-to-Asset only.

Elektrokrajina AD  (XBLB:EKBL-R-A) 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%.


Elektrokrajina AD Equity-to-Asset Related Terms


Elektrokrajina AD Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Elektrokrajina AD'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.

Elektrokrajina AD Equity-to-Asset Chart

Elektrokrajina AD Annual Data
Trend Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.44 0.45 0.46 0.46 0.46

Elektrokrajina AD Semi-Annual Data
Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.44 0.45 0.46 0.46 0.46

XBLB:EKBL-R-A vs NEE, SO, DUK: Equity-to-Asset Comparison

For the Utilities - Regulated Electric subindustry, Elektrokrajina AD'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.


Elektrokrajina AD Equity-to-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elektrokrajina AD's Equity-to-Asset distribution charts can be found below:

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



Elektrokrajina AD 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.

Elektrokrajina AD'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
=233.563/510.075
=0.46

Elektrokrajina AD'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
=233.563/510.075
=0.46

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.46 mean?
Elektrokrajina AD (XBLB:EKBL-R-A) has a Equity-to-Asset of 0.46 as of Dec. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Elektrokrajina AD and its competitors.
Is Elektrokrajina AD's Equity-to-Asset too high?
Elektrokrajina AD's current Equity-to-Asset is 0.46. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Elektrokrajina AD's value of 0.46 is 27.8% above this industry median.
How does Elektrokrajina AD's Equity-to-Asset compare to NEE and SO?
Elektrokrajina AD's Equity-to-Asset of 0.46 can be compared against companies in the Utilities - Regulated industry. The industry median Equity-to-Asset is 0.36. Elektrokrajina AD's value of 0.46 is 27.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elektrokrajina AD's current Equity-to-Asset of 0.46 is 27.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Elektrokrajina AD and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elektrokrajina AD's current Equity-to-Asset is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektrokrajina AD stock overvalued right now?
Elektrokrajina AD (XBLB:EKBL-R-A) has a current Equity-to-Asset of 0.46. The current Equity-to-Asset is 0.46 and 27.8% above the Utilities - Regulated industry median of 0.36. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Elektrokrajina AD (XBLB:EKBL-R-A), the current Equity-to-Asset is 0.46 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Elektrokrajina AD Business Description

Address 95 Kralja Petra I Karayoryeviya Street, Banja Luka, BIH, 78000
Elektrokrajina AD is an electricity distribution company operating in Bosnia and Herzegovina. The activities of the company include distribution and supply of electricity and designing power facilities as well as building and maintaining them.