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Highlight Event and Entertainment AG (FRA:L60) Equity-to-Asset : 0.10 (As of Dec. 2023)


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What is Highlight Event and Entertainment AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Highlight Event and Entertainment AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €85.2 Mil. Highlight Event and Entertainment AG's Total Assets for the quarter that ended in Dec. 2023 was €838.2 Mil. Therefore, Highlight Event and Entertainment AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.

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

FRA:L60' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.12   Max: 0.94
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of Highlight Event and Entertainment AG was 0.94. The lowest was 0.07. And the median was 0.12.

FRA:L60's Equity-to-Asset is ranked worse than
86.52% of 1061 companies
in the Media - Diversified industry
Industry Median: 0.52 vs FRA:L60: 0.10

Highlight Event and Entertainment AG Equity-to-Asset Historical Data

The historical data trend for Highlight Event and Entertainment 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.

Highlight Event and Entertainment AG Equity-to-Asset Chart

Highlight Event and Entertainment AG 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 0.10 0.08 0.08 0.07 0.10

Highlight Event and Entertainment AG 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 0.08 0.08 0.07 0.06 0.10

Competitive Comparison of Highlight Event and Entertainment AG's Equity-to-Asset

For the Entertainment subindustry, Highlight Event and Entertainment 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.


Highlight Event and Entertainment AG's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Highlight Event and Entertainment AG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Highlight Event and Entertainment AG's Equity-to-Asset falls into.



Highlight Event and Entertainment 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.

Highlight Event and Entertainment 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
=85.168/838.225
=0.10

Highlight Event and Entertainment 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
=85.168/838.225
=0.10

* 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.


Highlight Event and Entertainment AG  (FRA:L60) 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%.


Highlight Event and Entertainment AG Equity-to-Asset Related Terms

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


Highlight Event and Entertainment AG (FRA:L60) Business Description

Traded in Other Exchanges
Address
Netzibodenstrasse 23b, Pratteln, CHE, CH-4133
Highlight Event and Entertainment AG is engaged in the business of event marketing and entertainment which consist of marketing rights for the Vienna Philharmonic orchestra and the Eurovision song contest. The company's business segment includes Film segment, the Sports and Events segment and Others segment. It generates maximum revenue from the Film segment. Geographically, it operates in Switzerland, Germany, the Rest of Europe and the Rest of world.

Highlight Event and Entertainment AG (FRA:L60) Headlines

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