Vodafone Group (Vodafone Group) Equity-to-Asset

: 0.41 (As of Sep. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vodafone Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $64,517 Mil. Vodafone Group's Total Assets for the quarter that ended in Sep. 2023 was $158,053 Mil. Therefore, Vodafone Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.41.

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

VOD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.44 Max: 0.58
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Vodafone Group was 0.58. The lowest was 0.35. And the median was 0.44.

VOD's Equity-to-Asset is ranked better than
52.28% of 394 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs VOD: 0.41

Vodafone Group Equity-to-Asset Historical Data

The historical data trend for Vodafone Group'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.

Vodafone Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.44

0.37

0.36

0.41

Vodafone Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.36	0.36	0.35	0.41	0.41

Competitive Comparison

For the Telecom Services subindustry, Vodafone Group'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.

Vodafone Group Equity-to-Asset Distribution

For the Telecommunication Services industry and Communication Services sector, Vodafone Group's Equity-to-Asset distribution charts can be found below:

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

Vodafone Group 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.

Vodafone Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	67879.015	/	166510.707
	=	0.41

Vodafone Group'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
	=	64516.542	/	158053.362
	=	0.41

Vodafone Group (NAS:VOD) 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%.

Vodafone Group Equity-to-Asset Related Terms

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Vodafone Group (Vodafone Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vodafone Group PLC (NAS:VOD) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

VODPF:USA VOD N:Mexico VODl:UK VOD:UK VODI:Germany V1OD34:Brazil VOD:Austria VOD:Argentina

Address

Vodafone House, The Connection, Newbury, Berkshire, GBR, RG14 2FN

Website

https://www.vodafone.com

Vodafone operates mobile and fixed-line networks and businesses in more than 20 countries. Its largest market is Germany, where it is the second mobile operator after Deutsche Telekom and owns a cable network after acquiring Kabel Deutschland in 2013 and Liberty Global Germany in 2019. In the U.K. and Italy, it acts as a mobile operator, while in Spain it offers converged services after the acquisition of cable operator Ono in 2014. Vodafone also has operations in several Central European and African countries, which combined represent around one third of revenue.