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Supply Network (ASX:SNL) Equity-to-Asset : 0.47 (As of Dec. 2023)


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What is Supply Network Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Supply Network's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$87.0 Mil. Supply Network's Total Assets for the quarter that ended in Dec. 2023 was A$186.7 Mil. Therefore, Supply Network's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.

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

ASX:SNL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.54   Max: 0.59
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Supply Network was 0.59. The lowest was 0.38. And the median was 0.54.

ASX:SNL's Equity-to-Asset is ranked better than
51.52% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs ASX:SNL: 0.47

Supply Network Equity-to-Asset Historical Data

The historical data trend for Supply Network'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.

Supply Network Equity-to-Asset Chart

Supply Network Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.40 0.42 0.43 0.46

Supply Network Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 0.42 0.43 0.44 0.46 0.47

Competitive Comparison of Supply Network's Equity-to-Asset

For the Auto Parts subindustry, Supply Network'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.


Supply Network's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Supply Network's Equity-to-Asset distribution charts can be found below:

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



Supply Network 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.

Supply Network's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=77.788/169.221
=0.46

Supply Network'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
=87.04/186.709
=0.47

* 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.


Supply Network  (ASX:SNL) 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%.


Supply Network Equity-to-Asset Related Terms

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


Supply Network (ASX:SNL) Business Description

Traded in Other Exchanges
N/A
Address
1 Turnbull Close, Pemulwuy, Sydney, NSW, AUS, 2145
Supply Network Ltd is a company that engages in the provision of aftermarket parts to the commercial vehicle industry. It operates in Australia and New Zealand under the Multispares brand. The Group operates predominantly in one business segment the provision of aftermarket parts for the commercial vehicle market. The group derives the majority of its revenue from Australia.

Supply Network (ASX:SNL) Headlines

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