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Sofina (FRA:8FS) Equity-to-Asset : 0.92 (As of Dec. 2023)


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What is Sofina Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sofina's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €9,083.43 Mil. Sofina's Total Assets for the quarter that ended in Dec. 2023 was €9,842.93 Mil. Therefore, Sofina's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.92.

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

FRA:8FS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.91   Med: 0.97   Max: 1
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of Sofina was 1.00. The lowest was 0.91. And the median was 0.97.

FRA:8FS's Equity-to-Asset is ranked better than
65.61% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs FRA:8FS: 0.92

Sofina Equity-to-Asset Historical Data

The historical data trend for Sofina'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.

Sofina Equity-to-Asset Chart

Sofina 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 0.99 0.98 0.94 0.91 0.92

Sofina 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 0.94 - 0.91 0.93 0.92

Competitive Comparison of Sofina's Equity-to-Asset

For the Asset Management subindustry, Sofina'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.


Sofina's Equity-to-Asset Distribution in the Asset Management Industry

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

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



Sofina 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.

Sofina'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
=9083.431/9842.933
=0.92

Sofina'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
=9083.431/9842.933
=0.92

* 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.


Sofina  (FRA:8FS) 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%.


Sofina Equity-to-Asset Related Terms

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


Sofina (FRA:8FS) Business Description

Traded in Other Exchanges
Address
Rue de l’Industrie 31, Bruxelles, BEL, 1040
Sofina SA is a long-term oriented, investment holding company that favors allocating capital to entrepreneurs. The company also provides its investees access to a support network. Sofina only takes minority ownership positions in its long-term holdings with capital from its own balance sheet. Its portfolio holdings constitute the majority of its net asset value and come mostly from Europe. A smaller percentage of its net asset value base comes from investments in venture capital and private equity funds, mostly in the United States and in Asia.

Sofina (FRA:8FS) Headlines

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