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Polytec Holding AG (WBO:PYT) 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. Polytec Holding AG's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €222.1 Mil. Polytec Holding AG's Total Assets for the quarter that ended in Sep. 2023 was €538.2 Mil. Therefore, Polytec Holding AG's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.41.

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

WBO:PYT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.4   Max: 0.49
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Polytec Holding AG was 0.49. The lowest was 0.31. And the median was 0.40.

WBO:PYT's Equity-to-Asset is ranked worse than
59.66% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs WBO:PYT: 0.41

Polytec Holding AG Equity-to-Asset Historical Data

The historical data trend for Polytec Holding 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.

Polytec Holding AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.39 0.41 0.41 0.42

Polytec Holding AG 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 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 0.42 0.42 0.41 0.41 0.41

Competitive Comparison

For the Auto Parts subindustry, Polytec Holding 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.


Polytec Holding AG Equity-to-Asset Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Polytec Holding AG's Equity-to-Asset distribution charts can be found below:

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



Polytec Holding 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.

Polytec Holding AG'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
=233.48/551.187
=0.42

Polytec Holding AG'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
=222.063/538.206
=0.41

* 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.


Polytec Holding AG  (WBO:PYT) 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%.


Polytec Holding AG Equity-to-Asset Related Terms

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Polytec Holding AG (WBO:PYT) Business Description

Traded in Other Exchanges
Address
Polytec-Strasse 1, Hoersching, AUT, 4063
Polytec Holding AG is an Austria-based company focused on the automotive and plastics industry. It manufactures plastic parts globally. The operating segments are divided into four units namely Plastics, which supplies plastic components for the interior of passenger cars, engines, and the non-automotive industry. Composites provide exterior and engine parts for commercial and passenger vehicles. The car-Styling unit offers accessories, small parts, and systems for vehicles, and Industrial produces plastic molded components and others. It provides service in the field of injection molding, fiber-reinforced plastics, and the manufacturer of original accessory parts made of plastic and stainless steel. Geographical presence in Austria, Austria, UK, Sweden, Hungary, and Other countries.

Polytec Holding AG (WBO:PYT) Headlines

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