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Ekotechnika AG (FRA:ETE) Equity-to-Asset : 0.43 (As of Sep. 2023)


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What is Ekotechnika AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ekotechnika AG's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €68.5 Mil. Ekotechnika AG's Total Assets for the quarter that ended in Sep. 2023 was €159.8 Mil. Therefore, Ekotechnika AG's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.43.

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

FRA:ETE' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.77   Med: 0.24   Max: 0.51
Current: 0.43

During the past 9 years, the highest Equity to Asset Ratio of Ekotechnika AG was 0.51. The lowest was -0.77. And the median was 0.24.

FRA:ETE's Equity-to-Asset is not ranked
in the Farm & Heavy Construction Machinery industry.
Industry Median: 0.47 vs FRA:ETE: 0.43

Ekotechnika AG Equity-to-Asset Historical Data

The historical data trend for Ekotechnika 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.

Ekotechnika AG Equity-to-Asset Chart

Ekotechnika AG Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.24 0.22 0.31 0.51 0.43

Ekotechnika AG Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.31 0.31 0.51 0.43 0.43

Competitive Comparison of Ekotechnika AG's Equity-to-Asset

For the Farm & Heavy Construction Machinery subindustry, Ekotechnika 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.


Ekotechnika AG's Equity-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ekotechnika AG's Equity-to-Asset distribution charts can be found below:

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



Ekotechnika 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.

Ekotechnika AG's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=68.485/159.779
=0.43

Ekotechnika AG's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=68.485/159.779
=0.43

* 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.


Ekotechnika AG  (FRA:ETE) 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%.


Ekotechnika AG Equity-to-Asset Related Terms

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


Ekotechnika AG (FRA:ETE) Business Description

Traded in Other Exchanges
N/A
Address
Johann-Jakob-Astor-Strasse 49, Walldorf, BW, DEU, 69190
Ekotechnika AG is a dealer of agricultural machinery. The company offers tractors, milking machines, spare parts, customer service and smart farming. Its business segments are classified into new machinery, spare parts, service, and smart farming. Its geographical segments include the Central region, Black earth region, and Siberian region. Majority of its revenue derived from Central region segment.
Executives
Lars Bjarne Buwitt Supervisory Board

Ekotechnika AG (FRA:ETE) Headlines

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