Veolia Environnement (Veolia Environnement) Equity-to-Asset

: 0.17 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Veolia Environnement's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $13,425 Mil. Veolia Environnement's Total Assets for the quarter that ended in Dec. 2023 was $79,134 Mil. Therefore, Veolia Environnement's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.17.

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

VEOEY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15 Med: 0.18 Max: 0.24
Current: 0.17

During the past 13 years, the highest Equity to Asset Ratio of Veolia Environnement was 0.24. The lowest was 0.15. And the median was 0.18.

VEOEY's Equity-to-Asset is ranked worse than
91.36% of 243 companies
in the Waste Management industry
Industry Median: 0.43 vs VEOEY: 0.17

Veolia Environnement Equity-to-Asset Historical Data

The historical data trend for Veolia Environnement'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.

Veolia Environnement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.15

0.16

0.22

0.17

Veolia Environnement 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																0.22	0.17	0.17	0.16	0.17

Competitive Comparison

For the Waste Management subindustry, Veolia Environnement'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.

Veolia Environnement Equity-to-Asset Distribution

For the Waste Management industry and Industrials sector, Veolia Environnement's Equity-to-Asset distribution charts can be found below:

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

Veolia Environnement 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.

Veolia Environnement'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
	=	13425.3	/	79134.133
	=	0.17

Veolia Environnement'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
	=	13425.3	/	79134.133
	=	0.17

Veolia Environnement (OTCPK:VEOEY) 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%.

Veolia Environnement Equity-to-Asset Related Terms

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Veolia Environnement (Veolia Environnement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Veolia Environnement SA (OTCPK:VEOEY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

VEOEF:USA VIEp:UK 0NY8:UK VIE:France VVD:Germany VIE:Austria

Address

30, rue Madeleine Vionnet, Aubervilliers, FRA, 93300

Website

http://www.veolia.com

Veolia is the largest water company globally and a leading player in France. It is also involved in waste management with a significant exposure to France, the United Kingdom, Germany, the United States, and Australia. The third pillar of the group is energy services, giving the group significant exposure to Central Europe. Veolia started to refocus its activities in 2011, leading to the exit of almost half of its countries and of its transport activity. The integration of most activities of the historical rival Suez in 2022 drove a turnover increase of nearly 40%.