New Work SE (New Work SE) Equity-to-Asset : 0.42 (As of Dec. 2023)

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What is New Work SE Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. New Work SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $158.3 Mil. New Work SE's Total Assets for the quarter that ended in Dec. 2023 was $380.1 Mil. Therefore, New Work SE's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.

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

XINXF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.37 Max: 0.43
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of New Work SE was 0.43. The lowest was 0.32. And the median was 0.37.

XINXF's Equity-to-Asset is ranked worse than
75.25% of 598 companies
in the Interactive Media industry
Industry Median: 0.64 vs XINXF: 0.42

New Work SE Equity-to-Asset Historical Data

The historical data trend for New Work SE'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.

New Work SE Equity-to-Asset Chart

New Work SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.34

0.33

0.37

0.39

0.42

New Work SE 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	Get a 7-Day Free Trial															0.39	0.38	0.34	0.38	0.42

Competitive Comparison of New Work SE's Equity-to-Asset

For the Internet Content & Information subindustry, New Work SE'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.

New Work SE's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, New Work SE's Equity-to-Asset distribution charts can be found below:

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

New Work SE 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.

New Work SE'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
	=	158.316	/	380.095
	=	0.42

New Work SE'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
	=	158.316	/	380.095
	=	0.42

New Work SE (OTCPK:XINXF) 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%.

New Work SE Equity-to-Asset Related Terms

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

New Work SE (New Work SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » New Work SE (OTCPK:XINXF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

0OR4:UK NWO:Germany

Address

Am Strandkai 1, Hamburg, DEU, 20457

Website

https://www.new-work.se

New Work SE is a German technology company offering online business platforms for professionals to network and share ideas, and jobs opportunities, among others. The company organizes itself into three business segments: B2C, B2B e-recruiting and B2B marketing solutions. The B2C segment serves the members of social networking websites such as kunnu.com or xing.com to network with professionals and find suitable jobs, the B2B e-recruiting segment serves customers who want to access the talent pool, B2B marketing solutions & events cater to advertising and events clients, and the kunnu International segment includes business activities outside Germany, Austria and Switzerland. The B2B e-recruiting segments generate the majority of the company's revenue.