Engenco (ASX:EGN) Equity-to-Asset : 0.56 (As of Dec. 2023)

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What is Engenco Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Engenco's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$101.0 Mil. Engenco's Total Assets for the quarter that ended in Dec. 2023 was A$181.5 Mil. Therefore, Engenco's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.56.

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

ASX:EGN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56 Med: 0.66 Max: 0.82
Current: 0.56

During the past 13 years, the highest Equity to Asset Ratio of Engenco was 0.82. The lowest was 0.56. And the median was 0.66.

ASX:EGN's Equity-to-Asset is ranked better than
61.6% of 974 companies
in the Transportation industry
Industry Median: 0.49 vs ASX:EGN: 0.56

Engenco Equity-to-Asset Historical Data

The historical data trend for Engenco'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.

Engenco Equity-to-Asset Chart

Engenco Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.80

0.66

0.68

0.66

0.58

Engenco Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.66	0.66	0.57	0.58	0.56

Competitive Comparison of Engenco's Equity-to-Asset

For the Railroads subindustry, Engenco'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.

Engenco's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Engenco's Equity-to-Asset distribution charts can be found below:

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

Engenco 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.

Engenco's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	100.621	/	174.724
	=	0.58

Engenco'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
	=	100.999	/	181.473
	=	0.56

Engenco (ASX:EGN) 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%.

Engenco Equity-to-Asset Related Terms

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

Engenco (ASX:EGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Engenco Ltd (ASX:EGN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

535 Bourke Street, Level 22, Melbourne, VIC, AUS, 3000

Website

https://www.engenco.com.au

Engenco Ltd engages in the provision of engineering services. It operates through Convair, Gemco Rail, Drivetrain, Workforce Solutions, and All Other segments. The company generates maximum revenue from the Gemco Rail segment. Gemco Rail segment specialises in the remanufacture and repair of locomotives, wagons, bearings, and other rail products for rail operators and maintainers. It provides wheelset, bogie and in-field wagon maintenance and manufactures new and refurbished wagons, bogie component parts, customised remote controlled ballast car discharge gates, and others. Geographically, it derives a majority of revenue from Australasia.