GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Krones AG (WBO:KRN) » Definitions » Equity-to-Asset

Krones AG (WBO:KRN) Equity-to-Asset

: 0.38 (As of Dec. 2023)
View and export this data going back to 2013. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Krones AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,715 Mil. Krones AG's Total Assets for the quarter that ended in Dec. 2023 was €4,477 Mil. Therefore, Krones AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

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

WBO:KRN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.4   Max: 0.44
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Krones AG was 0.44. The lowest was 0.38. And the median was 0.40.

WBO:KRN's Equity-to-Asset is ranked worse than
78.33% of 3023 companies
in the Industrial Products industry
Industry Median: 0.56 vs WBO:KRN: 0.38

Krones AG Equity-to-Asset Historical Data

The historical data trend for Krones 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.

Krones AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.39 0.40 0.38 0.38

Krones AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.38 0.38 0.38 0.40 0.38

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Krones 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.


Krones AG Equity-to-Asset Distribution

For the Industrial Products industry and Industrials sector, Krones AG's Equity-to-Asset distribution charts can be found below:

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



Krones 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.

Krones 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
=1715.385/4477.109
=0.38

Krones 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
=1715.385/4477.109
=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.


Krones AG  (WBO:KRN) 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%.


Krones AG Equity-to-Asset Related Terms

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


Krones AG (WBO:KRN) Business Description

Traded in Other Exchanges
Address
Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073
Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account the Krones' revenue. While the company has a presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (WBO:KRN) Headlines

No Headlines