GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Zignago Vetro SpA (CHIX:ZVm) » Definitions » Equity-to-Asset

Zignago Vetro SpA (CHIX:ZVM) Equity-to-Asset : 0.50 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Zignago Vetro SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zignago Vetro SpA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €400.8 Mil. Zignago Vetro SpA's Total Assets for the quarter that ended in Mar. 2024 was €797.8 Mil. Therefore, Zignago Vetro SpA's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.50.

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

CHIX:ZVm' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.39   Max: 0.5
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Zignago Vetro SpA was 0.50. The lowest was 0.31. And the median was 0.39.

CHIX:ZVm's Equity-to-Asset is ranked worse than
57.95% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.55 vs CHIX:ZVm: 0.50

Zignago Vetro SpA Equity-to-Asset Historical Data

The historical data trend for Zignago Vetro SpA'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.

Zignago Vetro SpA Equity-to-Asset Chart

Zignago Vetro SpA 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 0.39 0.40 0.38 0.40 0.48

Zignago Vetro SpA 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 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 Premium Member Only Premium Member Only 0.42 0.43 0.45 0.48 0.50

Competitive Comparison of Zignago Vetro SpA's Equity-to-Asset

For the Packaging & Containers subindustry, Zignago Vetro SpA'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.


Zignago Vetro SpA's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zignago Vetro SpA's Equity-to-Asset distribution charts can be found below:

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



Zignago Vetro SpA 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.

Zignago Vetro SpA'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
=388.708/809.2
=0.48

Zignago Vetro SpA'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
=400.794/797.825
=0.50

* 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.


Zignago Vetro SpA  (CHIX:ZVm) 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%.


Zignago Vetro SpA Equity-to-Asset Related Terms

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


Zignago Vetro SpA (CHIX:ZVM) Business Description

Traded in Other Exchanges
Address
Via Ita Marzotto 8, Fossalta di Portogruaro, Venice, ITA, 30025
Zignago Vetro SpA operates in the glass production sector. It manufactures hollow glass containers for Food and Beverages and Cosmetics and Perfumery sectors. The business of the group is carried in various geographical locations such as Italy, European Union, North America and other areas. The business activities of the group are divided into Zignago Vetro SpA: carries the production activity of containers for both sectors, Zignago Vetro Brosse SAS: looks into the production of glass containers for perfumes; Zignago Vetro Polska SA: which undertakes the production of customized products for cosmetic and perfumery containers and also for food and beverage niche markets.

Zignago Vetro SpA (CHIX:ZVM) Headlines

No Headlines