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freenet AG (freenet AG) Equity-to-Asset : 0.42 (As of Dec. 2023)


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What is freenet AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. freenet AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,571 Mil. freenet AG's Total Assets for the quarter that ended in Dec. 2023 was $3,724 Mil. Therefore, freenet AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.

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

FRTAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.41   Max: 0.52
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of freenet AG was 0.52. The lowest was 0.27. And the median was 0.41.

FRTAF's Equity-to-Asset is ranked better than
53.55% of 394 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs FRTAF: 0.42

freenet AG Equity-to-Asset Historical Data

The historical data trend for freenet 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.

freenet AG Equity-to-Asset Chart

freenet 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 0.27 0.40 0.42 0.41 0.42

freenet AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.41 0.43 0.40 0.42 0.42

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

For the Telecom Services subindustry, freenet 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.


freenet AG's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, freenet AG's Equity-to-Asset distribution charts can be found below:

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



freenet 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.

freenet 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
=1570.992/3723.991
=0.42

freenet 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
=1570.992/3723.991
=0.42

* 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.


freenet AG  (OTCPK:FRTAF) 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%.


freenet AG Equity-to-Asset Related Terms

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


freenet AG (freenet AG) Business Description

Traded in Other Exchanges
Address
Hollerstrasse 126, Budelsdorf, DEU, 24782
freenet AG is a German mobile communication and mobile Internet company. It operates as an independent service provider without its own network. The company distributes mobile communications tariffs and options throughout Germany, using a subscription agreement and multi-brand strategy. The company has three operating segments: Mobile communications, TV and media and Other/holding. The Mobile communications segment generates almost all of the firm's revenue. This segment offers a product portfolio of voice and data services for mobile communication operators. It also buys mobile communications services from the network operators and sells them to its end customers.

freenet AG (freenet AG) Headlines

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