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Redeiaoracion (Redeiaoracion) Equity-to-Asset : 0.38 (As of Sep. 2023)


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What is Redeiaoracion Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Redeiaoracion's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $5,831 Mil. Redeiaoracion's Total Assets for the quarter that ended in Sep. 2023 was $15,545 Mil. Therefore, Redeiaoracion's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.38.

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

RDEIF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.27   Max: 0.38
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Redeiaoracion was 0.38. The lowest was 0.23. And the median was 0.27.

RDEIF's Equity-to-Asset is ranked better than
51.63% of 521 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs RDEIF: 0.38

Redeiaoracion Equity-to-Asset Historical Data

The historical data trend for Redeiaoracion'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.

Redeiaoracion Equity-to-Asset Chart

Redeiaoracion Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.28 0.27 0.26 0.32

Redeiaoracion Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.33 0.32 0.36 0.34 0.38

Competitive Comparison of Redeiaoracion's Equity-to-Asset

For the Utilities - Regulated Electric subindustry, Redeiaoracion'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.


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

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

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



Redeiaoracion 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.

Redeiaoracion'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
=5073.66/15658.39
=0.32

Redeiaoracion's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=5830.61/15545.358
=0.38

* 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.


Redeiaoracion  (OTCPK:RDEIF) 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%.


Redeiaoracion Equity-to-Asset Related Terms

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Redeiaoracion (Redeiaoracion) Business Description

Address
Paseo del Conde de los Gaitanes, 177, Alcobendas, Madrid, ESP, 28109
Redeia owns and operates the Spanish electric transmission system. The company has acquired almost all of the nation's power grid, which other owners were forced to sell to it by government decree. Its activities are regulated by the National Energy Commission, which answers to the Spanish legislature. Redeia also operates a small fibre-optics network in Spain and has a growing Latin American infrastructure business. The group significantly increased its exposure to telecommunications by acquiring Spanish communications satellite operator Hispasat from Abertis in 2019.

Redeiaoracion (Redeiaoracion) Headlines

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