Estrima SpA (MIL:BIRO) Equity-to-Asset

: 0.37 (As of Jun. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Estrima SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €16.75 Mil. Estrima SpA's Total Assets for the quarter that ended in Jun. 2023 was €45.55 Mil. Therefore, Estrima SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.37.

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

MIL:BIRO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04 Med: 0.37 Max: 0.44
Current: 0.37

During the past 4 years, the highest Equity to Asset Ratio of Estrima SpA was 0.44. The lowest was 0.04. And the median was 0.37.

MIL:BIRO's Equity-to-Asset is ranked worse than
65.57% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs MIL:BIRO: 0.37

Estrima SpA Equity-to-Asset Historical Data

The historical data trend for Estrima 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.

Estrima SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.04

0.33

0.42

0.41

Estrima SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset			0.26	0.42	0.44	0.41	0.37

Competitive Comparison

For the Auto Manufacturers subindustry, Estrima 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.

Estrima SpA Equity-to-Asset Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Estrima SpA's Equity-to-Asset distribution charts can be found below:

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

Estrima 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.

Estrima SpA'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
	=	19.328	/	47.753
	=	0.40

Estrima SpA'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
	=	16.746	/	45.549
	=	0.37

Estrima SpA (MIL:BIRO) 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%.

Estrima SpA Equity-to-Asset Related Terms

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Estrima SpA (MIL:BIRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Estrima SpA (MIL:BIRO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Roveredo 20/b, Pordenone, ITA, 33170

Website

https://www.estrima.com

Estrima SpA is engaged in designing, manufacturing and distribution of the small electric vehicles.

Estrima SpA (MIL:BIRO) Headlines

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