Elia Group/NV (LTS:0NTU) Equity-to-Asset

: 0.26 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Elia Group/NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €5,089 Mil. Elia Group/NV's Total Assets for the quarter that ended in Dec. 2023 was €19,390 Mil. Therefore, Elia Group/NV's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.26.

The historical rank and industry rank for Elia Group/NV's Equity-to-Asset or its related term are showing as below:

LTS:0NTU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25 Med: 0.28 Max: 0.4
Current: 0.26

During the past 13 years, the highest Equity to Asset Ratio of Elia Group/NV was 0.40. The lowest was 0.25. And the median was 0.28.

LTS:0NTU's Equity-to-Asset is ranked worse than
77.5% of 520 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs LTS:0NTU: 0.26

Elia Group/NV Equity-to-Asset Historical Data

The historical data trend for Elia Group/NV'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.

Elia Group/NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.29

0.28

0.25

0.26

Elia Group/NV 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																0.25	0.26	0.26	0.25	0.26

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Elia Group/NV'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.

Elia Group/NV Equity-to-Asset Distribution

For the Utilities - Regulated industry and Utilities sector, Elia Group/NV's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Elia Group/NV's Equity-to-Asset falls into.

Elia Group/NV 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.

Elia Group/NV'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
	=	5088.5	/	19390.1
	=	0.26

Elia Group/NV'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
	=	5088.5	/	19390.1
	=	0.26

Elia Group/NV (LTS:0NTU) 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%.

Elia Group/NV Equity-to-Asset Related Terms

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

Elia Group/NV (LTS:0NTU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Elia Group SA/NV (LTS:0NTU) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ELIb:UK E4S:Germany ELI:Belgium

Address

Boulevard de l’Empereur 20, Brussels, BEL, B-1000

Website

https://www.eliagroup.eu

Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company primarily generates revenue by serving as the electricity transmission system operator in both Germany and Belgium where it provides electric grid usage. Elia's Belgian and German operations are responsible for nearly all of its revenue. These countries also house most of the company's infrastructure investments. In its capacity as an electricity transmitter, Elia System facilitates long-term, day-ahead, and intraday energy markets.

Elia Group/NV (LTS:0NTU) Headlines

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