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Asturiana de Laminados (XMAD:ELZ) Equity-to-Asset : 0.26 (As of Dec. 2023)


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What is Asturiana de Laminados Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asturiana de Laminados's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €44.3 Mil. Asturiana de Laminados's Total Assets for the quarter that ended in Dec. 2023 was €170.5 Mil. Therefore, Asturiana de Laminados's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.26.

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

XMAD:ELZ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.29   Max: 0.32
Current: 0.27

During the past 11 years, the highest Equity to Asset Ratio of Asturiana de Laminados was 0.32. The lowest was 0.26. And the median was 0.29.

XMAD:ELZ's Equity-to-Asset is ranked worse than
89.36% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs XMAD:ELZ: 0.27

Asturiana de Laminados Equity-to-Asset Historical Data

The historical data trend for Asturiana de Laminados'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.

Asturiana de Laminados Equity-to-Asset Chart

Asturiana de Laminados Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.31 0.29 0.26 0.26

Asturiana de Laminados Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 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 0.29 0.27 0.26 0.27 0.26

Competitive Comparison of Asturiana de Laminados's Equity-to-Asset

For the Metal Fabrication subindustry, Asturiana de Laminados'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.


Asturiana de Laminados's Equity-to-Asset Distribution in the Industrial Products Industry

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

* The bar in red indicates where Asturiana de Laminados's Equity-to-Asset falls into.



Asturiana de Laminados 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.

Asturiana de Laminados'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
=44.306/170.509
=0.26

Asturiana de Laminados'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
=44.306/170.509
=0.26

* 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.


Asturiana de Laminados  (XMAD:ELZ) 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%.


Asturiana de Laminados Equity-to-Asset Related Terms

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Asturiana de Laminados (XMAD:ELZ) Business Description

Traded in Other Exchanges
N/A
Address
Poligono Industrial de Villallana, Plot 1, Pola de Lena, Asturias, ESP, 33695
Asturiana de Laminados SA designs, casts, or melts, anodizes profiles, sheets, coils, or any other element of zinc or other metals, metallic and non-metallic products, and other products for construction, transportation, and industrial use. It offers solutions for aesthetic finishes, technical finishes, honeycomb panels, composite panels, elZinc tiles, traditional roofing systems, engineered facades, traditional facade systems, and rainwater systems.

Asturiana de Laminados (XMAD:ELZ) Headlines

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