GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MTU Aero Engines AG (OTCPK:MTUAF) » Definitions » Equity-to-Asset

MTU Aero Engines AG (MTU Aero Engines AG) Equity-to-Asset : 0.28 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is MTU Aero Engines AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MTU Aero Engines AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,122 Mil. MTU Aero Engines AG's Total Assets for the quarter that ended in Dec. 2023 was $11,128 Mil. Therefore, MTU Aero Engines AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.28.

The historical rank and industry rank for MTU Aero Engines AG's Equity-to-Asset or its related term are showing as below:

MTUAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.3   Max: 0.33
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of MTU Aero Engines AG was 0.33. The lowest was 0.23. And the median was 0.30.

MTUAF's Equity-to-Asset is ranked worse than
71.88% of 313 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs MTUAF: 0.28

MTU Aero Engines AG Equity-to-Asset Historical Data

The historical data trend for MTU Aero Engines AG'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.

MTU Aero Engines AG Equity-to-Asset Chart

MTU Aero Engines AG 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 0.30 0.32 0.32 0.33 0.28

MTU Aero Engines AG 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 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 0.32 0.32 0.33 0.35 0.28

Competitive Comparison of MTU Aero Engines AG's Equity-to-Asset

For the Aerospace & Defense subindustry, MTU Aero Engines AG'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.


MTU Aero Engines AG's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, MTU Aero Engines AG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where MTU Aero Engines AG's Equity-to-Asset falls into.



MTU Aero Engines AG 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.

MTU Aero Engines AG'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
=3122.137/11127.59
=0.28

MTU Aero Engines AG'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
=3122.137/11127.59
=0.28

* 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.


MTU Aero Engines AG  (OTCPK:MTUAF) 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%.


MTU Aero Engines AG Equity-to-Asset Related Terms

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


MTU Aero Engines AG (MTU Aero Engines AG) Business Description

Address
Dachauer Strasse 665, Munich, BY, DEU, 80995
MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.

MTU Aero Engines AG (MTU Aero Engines AG) Headlines

From GuruFocus

David Herro Comments on MTU Aero Engines

By Holly LaFon Holly LaFon 01-10-2014