Netfonds AG (XTER:NF4) Equity-to-Asset : 0.29 (As of Dec. 2023)

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What is Netfonds AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Netfonds AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €20.7 Mil. Netfonds AG's Total Assets for the quarter that ended in Dec. 2023 was €72.3 Mil. Therefore, Netfonds AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

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

XTER:NF4' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.28 Max: 0.35
Current: 0.29

During the past 8 years, the highest Equity to Asset Ratio of Netfonds AG was 0.35. The lowest was 0.19. And the median was 0.28.

XTER:NF4's Equity-to-Asset is ranked worse than
72.41% of 580 companies
in the Diversified Financial Services industry
Industry Median: 0.83 vs XTER:NF4: 0.29

Netfonds AG Equity-to-Asset Historical Data

The historical data trend for Netfonds 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.

Netfonds AG Equity-to-Asset Chart

Netfonds AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.19

0.32

0.35

0.29

Netfonds AG Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.19	0.19	0.32	0.35	0.29

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

For the Financial Conglomerates subindustry, Netfonds 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.

Netfonds AG's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Netfonds AG's Equity-to-Asset distribution charts can be found below:

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

Netfonds 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.

Netfonds 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
	=	20.66	/	72.257
	=	0.29

Netfonds 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
	=	20.66	/	72.257
	=	0.29

Netfonds AG (XTER:NF4) 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%.

Netfonds AG Equity-to-Asset Related Terms

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Netfonds AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Netfonds AG (XTER:NF4) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

NF4:Germany NF4:Germany

Address

Heidenkampsweg 73, Hamburg, NW, DEU, 20097

Website

https://www.netfonds.de

Netfonds AG is a service provider in the areas of finance and insurance. The company offers investment and financial advice to agents, banks, and financial distributors. Netfonds is a well-established concept for independent consultants and insurance brokers. As a broker pool, liability umbrella, multiple agents, asset manager, fund manager, and product provider, Netfonds offers a broad range of services so that advice can become a real added value for the customer. The range of services includes legal and regulatory services in the investment fund, insurance, pension, and financing product categories.

Netfonds AG Headlines

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