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Varteks DD (ZAG:VART) Equity-to-Asset : -0.02 (As of Dec. 2023)


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What is Varteks DD Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Varteks DD's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €-0.75 Mil. Varteks DD's Total Assets for the quarter that ended in Dec. 2023 was €33.31 Mil. Therefore, Varteks DD's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.02.

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

ZAG:VART' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.02   Med: 0.17   Max: 0.53
Current: -0.02

During the past 13 years, the highest Equity to Asset Ratio of Varteks DD was 0.53. The lowest was -0.02. And the median was 0.17.

ZAG:VART's Equity-to-Asset is ranked worse than
93.37% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.525 vs ZAG:VART: -0.02

Varteks DD Equity-to-Asset Historical Data

The historical data trend for Varteks DD'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.

Varteks DD Equity-to-Asset Chart

Varteks DD Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.06 0.19 0.14 -0.02

Varteks DD Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.08 0.14 0.10 0.07 -0.02

Competitive Comparison of Varteks DD's Equity-to-Asset

For the Apparel Manufacturing subindustry, Varteks DD'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.


Varteks DD's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Varteks DD's Equity-to-Asset distribution charts can be found below:

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



Varteks DD 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.

Varteks DD'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
=-0.75/33.309
=-0.02

Varteks DD'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
=-0.75/33.309
=-0.02

* 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.


Varteks DD  (ZAG:VART) 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%.


Varteks DD Equity-to-Asset Related Terms

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


Varteks DD (ZAG:VART) Business Description

Traded in Other Exchanges
N/A
Address
Zagreba?ka 94, Varazdin, HRV, 42000
Varteks DD is a Croatia-based textiles and clothes producer. It is principally engaged in the manufacture and sale of fabrics and garments, as well as trading with clothes and accessories. It provides business and casual clothing, clothing for special occasions, and accessories under Di Caprio brand name; and fine and classic fabrics under the brand name of Varteks. The company also operates T.Lord custom-tailoring salons for menswear; and represents various brands, including Seventy, Navigare, Camel, Orljava, Galko, Samsonite, Lisca, Modea, Polzela, Croata, and San Peter.

Varteks DD (ZAG:VART) Headlines

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