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Hellenic Telecommunication Organization (Hellenic Telecommunication Organization) Equity-to-Asset : 0.38 (As of Sep. 2023)


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What is Hellenic Telecommunication Organization Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hellenic Telecommunication Organization's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,991 Mil. Hellenic Telecommunication Organization's Total Assets for the quarter that ended in Sep. 2023 was $5,277 Mil. Therefore, Hellenic Telecommunication Organization's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.38.

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

HLTOF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.32   Max: 0.38
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Hellenic Telecommunication Organization was 0.38. The lowest was 0.25. And the median was 0.32.

HLTOF's Equity-to-Asset is ranked worse than
54.06% of 394 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs HLTOF: 0.38

Hellenic Telecommunication Organization Equity-to-Asset Historical Data

The historical data trend for Hellenic Telecommunication Organization'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.

Hellenic Telecommunication Organization Equity-to-Asset Chart

Hellenic Telecommunication Organization Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.32 0.34 0.38 0.37

Hellenic Telecommunication Organization Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Sep23
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 0.38 0.33 - 0.37 0.38

Competitive Comparison of Hellenic Telecommunication Organization's Equity-to-Asset

For the Telecom Services subindustry, Hellenic Telecommunication Organization'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.


Hellenic Telecommunication Organization's Equity-to-Asset Distribution in the Telecommunication Services Industry

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

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



Hellenic Telecommunication Organization 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.

Hellenic Telecommunication Organization's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1958.051/5295.763
=0.37

Hellenic Telecommunication Organization's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=1991.142/5277.481
=0.38

* 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.


Hellenic Telecommunication Organization  (OTCPK:HLTOF) 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%.


Hellenic Telecommunication Organization Equity-to-Asset Related Terms

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Hellenic Telecommunication Organization (Hellenic Telecommunication Organization) Business Description

Traded in Other Exchanges
Address
99 Kifissias Avenue, Maroussi, Athens, GRC, 15124
Hellenic Telecommunication Organization is a telecommunications company that offers Internet access services, TV services, broadband, fixed-line services, and mobile telecommunication. The reportable segments of the company are as follows: 1) OTE is a provider of fixed-line services, internet access services, ICT services and TV services in Greece. 2) Cosmonote Group- Greece is a provider of mobile telecommunications, retail operations (shops) and customer services. 3) Telekom Romania Mobile is a provider of mobile telecommunications services in Romania. The majority of revenue earned by the company is from OTE segment.

Hellenic Telecommunication Organization (Hellenic Telecommunication Organization) Headlines