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Adtran Networks SE (LTS:0NOL) Equity-to-Asset : 0.60 (As of Jun. 2023)


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What is Adtran Networks SE Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Adtran Networks SE's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €374.8 Mil. Adtran Networks SE's Total Assets for the quarter that ended in Jun. 2023 was €627.0 Mil. Therefore, Adtran Networks SE's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.60.

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

LTS:0NOL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.54   Max: 0.58
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of Adtran Networks SE was 0.58. The lowest was 0.48. And the median was 0.54.

LTS:0NOL's Equity-to-Asset is ranked better than
52.74% of 2484 companies
in the Hardware industry
Industry Median: 0.57 vs LTS:0NOL: 0.58

Adtran Networks SE Equity-to-Asset Historical Data

The historical data trend for Adtran Networks SE'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.

Adtran Networks SE Equity-to-Asset Chart

Adtran Networks SE 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 0.48 0.53 0.57 0.57 0.58

Adtran Networks SE Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.56 0.57 0.56 0.60 0.58

Competitive Comparison of Adtran Networks SE's Equity-to-Asset

For the Communication Equipment subindustry, Adtran Networks SE'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.


Adtran Networks SE's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Adtran Networks SE's Equity-to-Asset distribution charts can be found below:

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



Adtran Networks SE 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.

Adtran Networks SE'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
=377.99/657.821
=0.57

Adtran Networks SE's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=374.771/626.981
=0.60

* 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.


Adtran Networks SE  (LTS:0NOL) 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%.


Adtran Networks SE Equity-to-Asset Related Terms

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Adtran Networks SE (LTS:0NOL) Business Description

Traded in Other Exchanges
Address
Campus Martinsried, Fraunhoferstrasse 9a, Munich, BY, DEU, 82152
Adtran Networks SE Formerly ADVA Optical Networking SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises. These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are Germany; the Rest of Europe, the Middle East and Africa; the Americas; and Asia-Pacific.

Adtran Networks SE (LTS:0NOL) Headlines

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