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Altech Advanced Materials AG (FRA:AMA) Equity-to-Asset : 0.42 (As of Dec. 2023)


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What is Altech Advanced Materials AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Altech Advanced Materials AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €5.04 Mil. Altech Advanced Materials AG's Total Assets for the quarter that ended in Dec. 2023 was €11.93 Mil. Therefore, Altech Advanced Materials AG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.

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

FRA:AMA' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.91   Med: 0.26   Max: 0.81
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of Altech Advanced Materials AG was 0.81. The lowest was -0.91. And the median was 0.26.

FRA:AMA's Equity-to-Asset is ranked worse than
86.49% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs FRA:AMA: 0.42

Altech Advanced Materials AG Equity-to-Asset Historical Data

The historical data trend for Altech Advanced Materials 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.

* Premium members only.

Altech Advanced Materials AG Equity-to-Asset Chart

Altech Advanced Materials AG 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 0.36 0.16 0.39 0.37 0.42

Altech Advanced Materials AG Semi-Annual Data
Jun13 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.39 0.36 0.37 0.32 0.42

Competitive Comparison of Altech Advanced Materials AG's Equity-to-Asset

For the Asset Management subindustry, Altech Advanced Materials 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.


Altech Advanced Materials AG's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Altech Advanced Materials AG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Altech Advanced Materials AG's Equity-to-Asset falls into.



Altech Advanced Materials 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.

Altech Advanced Materials AG'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
=5.039/11.933
=0.42

Altech Advanced Materials AG'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
=5.039/11.933
=0.42

* 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.


Altech Advanced Materials AG  (FRA:AMA) 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%.


Altech Advanced Materials AG Equity-to-Asset Related Terms

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Altech Advanced Materials AG (FRA:AMA) Business Description

Traded in Other Exchanges
Address
Ziegelhauser Landstrasse 3, Heidelberg, BW, DEU, 69120
Altech Advanced Materials AG is an investment company that makes investments in corporations and partnerships that represent a good opportunity/risk ratio, particularly in the business areas of raw material extraction and processing, chemistry, manufacture of all types of packaging and paper products, as well as their distribution. The aim of the company, together with its cooperation partner Altech Batteries Limited, is to enter the market for lithium-ion batteries for electromobility with innovative and high-performance anode material based on high-purity aluminum oxide ("HPA) - Silumina Anodes - as well as in the area of solid-state batteries for stationary battery use with - CERENERGY - to participate.

Altech Advanced Materials AG (FRA:AMA) Headlines

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