Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Landis+Gyr Group AG's Total Stockholders Equity for the quarter that ended in Sep. 2023 was CHF1,333 Mil. Landis+Gyr Group AG's Total Assets for the quarter that ended in Sep. 2023 was CHF2,157 Mil.
Therefore, Landis+Gyr Group AG's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.62.
The historical rank and industry rank for Landis+Gyr Group AG's Equity-to-Asset or its related term are showing as below:
XSWX:LAND'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.65 Max: 0.72
Current: 0.62
During the past 9 years, the highest Equity to Asset Ratio of Landis+Gyr Group AG was 0.72. The lowest was 0.61. And the median was 0.65.
XSWX:LAND's Equity-to-Asset is ranked better than 61.6% of 3026
companies
in the Industrial Products industry
Industry Median: 0.56
vs XSWX:LAND: 0.62
Landis+Gyr Group AG Equity-to-Asset Historical Data
The historical data trend for Landis+Gyr Group 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.
Competitive Comparison of Landis+Gyr Group AG's Equity-to-Asset
For the Electrical Equipment & Parts subindustry, Landis+Gyr Group 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.
Landis+Gyr Group AG's Equity-to-Asset Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Landis+Gyr Group AG's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Landis+Gyr Group AG's Equity-to-Asset falls into.
Landis+Gyr Group 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.
Landis+Gyr Group AG's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Landis+Gyr Group AG (XSWX:LAND) 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%.
Landis+Gyr Group AG Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Landis+Gyr Group AG's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Landis+Gyr Group AG (XSWX:LAND) Business Description
Landis+Gyr Group AG is a provider of integrated energy management products tailored to an energy company. It offers electricity meters, heat and cooling meters, software services and custom solutions, grid management, and communication networks. The company's geographical segment includes the Americas, EMEA, and the Asia Pacific. The Americas segment designs, manufactures, markets, and sells the company's Gridstream and advanced meter solutions, digital electricity meters, and other related services. The EMEA segment sells the company's prepayment electricity meters, gas meters, and other services, and The Asia Pacific segment sells the company's load control devices, system deployment services, and related services. It generates a majority of its revenue from the Americas & EMEA segments.
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