Schmid Group NV (Schmid Group NV) Equity-to-Asset : -0.24 (As of Dec. 2023)

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What is Schmid Group NV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Schmid Group NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-27.48 Mil. Schmid Group NV's Total Assets for the quarter that ended in Dec. 2023 was $116.23 Mil. Therefore, Schmid Group NV's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.24.

The historical rank and industry rank for Schmid Group NV's Equity-to-Asset or its related term are showing as below:

SHMD' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.57 Med: -0.37 Max: -0.24
Current: -0.24

During the past 4 years, the highest Equity to Asset Ratio of Schmid Group NV was -0.24. The lowest was -0.57. And the median was -0.37.

SHMD's Equity-to-Asset is ranked worse than
97.6% of 3037 companies
in the Industrial Products industry
Industry Median: 0.56 vs SHMD: -0.24

Schmid Group NV Equity-to-Asset Historical Data

The historical data trend for Schmid Group NV'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.

Schmid Group NV Equity-to-Asset Chart

Schmid Group NV Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

-0.57

-0.40

-0.34

-0.24

Schmid Group NV Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	-0.40	-	-0.34	-0.19	-0.24

Competitive Comparison of Schmid Group NV's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Schmid Group NV'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.

Schmid Group NV's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Schmid Group NV's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Schmid Group NV's Equity-to-Asset falls into.

Schmid Group NV 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.

Schmid Group NV'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
	=	-27.479	/	116.229
	=	-0.24

Schmid Group NV'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
	=	-27.479	/	116.229
	=	-0.24

Schmid Group NV (NAS:SHMD) 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%.

Schmid Group NV Equity-to-Asset Related Terms

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

Schmid Group NV (Schmid Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schmid Group NV (NAS:SHMD) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Robert-Bosch-Street 32-36, Freudenstadt, BW, DEU, 72250

Website

https://www.schmid-group.com

Schmid Group NV is a global supplier of equipment, software and services for various industries such as printed circuit board (PCB), substrate manufacturing, photovoltaics, and glass and energy storage with a focus on the highest end of this market in terms of technology and performance. It focuses on a modular product portfolio of machinery to use in the manufacturing of high-end PCB equipment and semiconductor packaging devices which includes common flexible circuit fabrication techniques such as subtractive, semi-additive processes (SAP) and modified semi-additive processes (mSAP).

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