Corticeira Amorim SGPS (XLIS:COR) Equity-to-Asset

: 0.50 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Corticeira Amorim SGPS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €710.2 Mil. Corticeira Amorim SGPS's Total Assets for the quarter that ended in Dec. 2023 was €1,415.2 Mil. Therefore, Corticeira Amorim SGPS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

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

XLIS:COR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48 Med: 0.51 Max: 0.57
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Corticeira Amorim SGPS was 0.57. The lowest was 0.48. And the median was 0.51.

XLIS:COR's Equity-to-Asset is ranked worse than
55.93% of 295 companies
in the Forest Products industry
Industry Median: 0.55 vs XLIS:COR: 0.50

Corticeira Amorim SGPS Equity-to-Asset Historical Data

The historical data trend for Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.51

0.55

0.52

0.50

Corticeira Amorim SGPS 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																0.52	0.51	0.49	0.47	0.50

Competitive Comparison

For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS Equity-to-Asset Distribution

For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Corticeira Amorim SGPS's Equity-to-Asset falls into.

Corticeira Amorim SGPS 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.

Corticeira Amorim SGPS'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
	=	710.208	/	1415.225
	=	0.50

Corticeira Amorim SGPS'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
	=	710.208	/	1415.225
	=	0.50

Corticeira Amorim SGPS (XLIS:COR) 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%.

Corticeira Amorim SGPS Equity-to-Asset Related Terms

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Corticeira Amorim SGPS (XLIS:COR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Corticeira Amorim SGPS SA (XLIS:COR) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

0O7J:UK AS4:Germany

Address

No. 380, Rua Comendador Américo Ferreira de Amorim, Mozelos, PRT, 4536-902

Website

https://www.corticeiraamorim.com

Corticeira Amorim SGPS SA (Corticeira Amorim) is a holding company engaged in cork-related products. Group organizes its activities into five business divisions: Raw Materials, Cork Stoppers, Floor and wall Coverings, Cork Composites, and Insulation Cork. The company's products include stoppers for wine and other spirits, granulated cork, rubber cork, cork floorings and giftware. The business of the company is operated through Portugal, Spain, Tunisia, the United States, Australia, Germany, China, Italy, Argentina, France and Netherlands. The company derives majority of the revenue from European region.