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Hera SpA (Hera SpA) Equity-to-Asset : 0.23 (As of Dec. 2023)


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What is Hera SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hera SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,749 Mil. Hera SpA's Total Assets for the quarter that ended in Dec. 2023 was $16,445 Mil. Therefore, Hera SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.23.

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

HRASF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.27   Max: 0.29
Current: 0.23

During the past 13 years, the highest Equity to Asset Ratio of Hera SpA was 0.29. The lowest was 0.20. And the median was 0.27.

HRASF's Equity-to-Asset is ranked worse than
84.01% of 519 companies
in the Utilities - Regulated industry
Industry Median: 0.37 vs HRASF: 0.23

Hera SpA Equity-to-Asset Historical Data

The historical data trend for Hera SpA'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.

Hera SpA Equity-to-Asset Chart

Hera SpA 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 0.27 0.23 0.20 0.23

Hera SpA 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 0.20 0.22 0.23 0.24 0.23

Competitive Comparison of Hera SpA's Equity-to-Asset

For the Utilities - Diversified subindustry, Hera SpA'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.


Hera SpA's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hera SpA's Equity-to-Asset distribution charts can be found below:

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



Hera SpA 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.

Hera SpA'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
=3749.4/16444.929
=0.23

Hera SpA'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
=3749.4/16444.929
=0.23

* 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.


Hera SpA  (OTCPK:HRASF) 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%.


Hera SpA Equity-to-Asset Related Terms

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


Hera SpA (Hera SpA) Business Description

Traded in Other Exchanges
Address
Viale Carlo Berti Pichat nr. 2/4, Bologna, ITA, 40127
Hera SpA is Italian energy and utilities holding company. As a holding company, Hera is a combination of public-service companies built into a single multi-utility entity. The company operates in environmental services (waste collection and treatment); energy services (distribution and sale of electricity and gas); and water services (waterworks, sewerage, and purification). Primarily, Hera operates in the provinces of Bologna, Rimini, Ravenna-Lugo, Forli-Cesena, and Imola-Faenza in northern Italy.

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