Comelf (BSE:CMF) Equity-to-Asset : 0.50 (As of Mar. 2024)

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What is Comelf Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Comelf's Total Stockholders Equity for the quarter that ended in Mar. 2024 was lei83.5 Mil. Comelf's Total Assets for the quarter that ended in Mar. 2024 was lei167.1 Mil. Therefore, Comelf's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.50.

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

BSE:CMF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.45 Max: 0.51
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Comelf was 0.51. The lowest was 0.38. And the median was 0.45.

BSE:CMF's Equity-to-Asset is ranked worse than
59.59% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs BSE:CMF: 0.50

Comelf Equity-to-Asset Historical Data

The historical data trend for Comelf'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.

Comelf Equity-to-Asset Chart

Comelf Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.47

0.51

0.48

0.47

0.49

Comelf Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.47	0.48	0.48	0.49	0.50

Competitive Comparison of Comelf's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Comelf'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.

Comelf's Equity-to-Asset Distribution in the Industrial Products Industry

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

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

Comelf 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.

Comelf'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
	=	81.791	/	167.284
	=	0.49

Comelf's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	83.532	/	167.129
	=	0.50

Comelf (BSE:CMF) 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%.

Comelf Equity-to-Asset Related Terms

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

Comelf (BSE:CMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Comelf SA (BSE:CMF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 Industriei Street, Bistrita Nasaud County, Bistrita, ROU, 420063

Website

http://www.comelf.ro

Comelf SA is engaged in the production of engines and turbines. The company manufactures equipment and components for power stations and environmental protection equipment for earthmoving, lifting and transportation equipment, including their sub assemblies, steel structures, weapons ammunition, road transport vehicles and military combat. Its product portfolio includes Bag Filters, scrapers for primary radial settling tanks, Mechanical equipment for methane tank, Equipment for wastewater treatment and others. Its segments consist of Factory of stainless steel products(FPI), Factory for Earth Moving Machinery and Equipment, Bag Filters and Electrostatic Precipitators(FUET) and Factory for Earth Moving Machines and Components(TERRA). The majority of its revenue is generated outside Romania.