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Neto Malinda Trading (XTAE:NTML) Equity-to-Asset : 0.66 (As of Dec. 2023)


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What is Neto Malinda Trading Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Neto Malinda Trading's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪1,272 Mil. Neto Malinda Trading's Total Assets for the quarter that ended in Dec. 2023 was ₪1,917 Mil. Therefore, Neto Malinda Trading's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.66.

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

XTAE:NTML' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.68   Max: 0.73
Current: 0.66

During the past 10 years, the highest Equity to Asset Ratio of Neto Malinda Trading was 0.73. The lowest was 0.57. And the median was 0.68.

XTAE:NTML's Equity-to-Asset is ranked better than
67.59% of 1922 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs XTAE:NTML: 0.66

Neto Malinda Trading Equity-to-Asset Historical Data

The historical data trend for Neto Malinda Trading'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.

Neto Malinda Trading Equity-to-Asset Chart

Neto Malinda Trading Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.70 0.71 0.62 0.62

Neto Malinda Trading Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.62 0.60 0.62 0.57 0.66

Competitive Comparison of Neto Malinda Trading's Equity-to-Asset

For the Packaged Foods subindustry, Neto Malinda Trading'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.


Neto Malinda Trading's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Neto Malinda Trading's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Neto Malinda Trading's Equity-to-Asset falls into.



Neto Malinda Trading 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.

Neto Malinda Trading's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1184.948/1915.532
=0.62

Neto Malinda Trading'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
=1272.181/1917.461
=0.66

* 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.


Neto Malinda Trading  (XTAE:NTML) 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%.


Neto Malinda Trading Equity-to-Asset Related Terms

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


Neto Malinda Trading (XTAE:NTML) Business Description

Traded in Other Exchanges
N/A
Address
5 Meir Ezra Street, P.O Box 655, Kiryat Malachi, ISR, 75864
Neto Malinda Trading Ltd is a food conglomerates in Israel. It operates in food processing sector. The Company imports and exports food products, produces fish products, imports canned goods and produces products under Williger brand. Its brands include Tibon Veal, Delidag, Williger, Three Bakers, Rich's, Bikorey Hasade Darom. It also owns and operates cold storage for frozen and chilled products.

Neto Malinda Trading (XTAE:NTML) Headlines

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