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Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Equity-to-Asset : 0.45 (As of Sep. 2023)


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What is Alfa Solar Enerjinayi Ve Ticaret AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alfa Solar Enerjinayi Ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₺1,808 Mil. Alfa Solar Enerjinayi Ve Ticaret AS's Total Assets for the quarter that ended in Sep. 2023 was ₺4,011 Mil. Therefore, Alfa Solar Enerjinayi Ve Ticaret AS's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.45.

The historical rank and industry rank for Alfa Solar Enerjinayi Ve Ticaret AS's Equity-to-Asset or its related term are showing as below:

IST:ALFAS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.35   Max: 0.49
Current: 0.45

During the past 4 years, the highest Equity to Asset Ratio of Alfa Solar Enerjinayi Ve Ticaret AS was 0.49. The lowest was 0.22. And the median was 0.35.

IST:ALFAS's Equity-to-Asset is ranked worse than
73.25% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs IST:ALFAS: 0.45

Alfa Solar Enerjinayi Ve Ticaret AS Equity-to-Asset Historical Data

The historical data trend for Alfa Solar Enerjinayi Ve Ticaret AS'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.

Alfa Solar Enerjinayi Ve Ticaret AS Equity-to-Asset Chart

Alfa Solar Enerjinayi Ve Ticaret AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
0.24 0.32 0.25 0.49

Alfa Solar Enerjinayi Ve Ticaret AS Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.49 0.48 0.38 0.45

Competitive Comparison of Alfa Solar Enerjinayi Ve Ticaret AS's Equity-to-Asset

For the Solar subindustry, Alfa Solar Enerjinayi Ve Ticaret AS'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.


Alfa Solar Enerjinayi Ve Ticaret AS's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Alfa Solar Enerjinayi Ve Ticaret AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Alfa Solar Enerjinayi Ve Ticaret AS's Equity-to-Asset falls into.



Alfa Solar Enerjinayi Ve Ticaret AS 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.

Alfa Solar Enerjinayi Ve Ticaret AS's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=956.689/1970.722
=0.49

Alfa Solar Enerjinayi Ve Ticaret AS'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
=1808.453/4010.712
=0.45

* 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.


Alfa Solar Enerjinayi Ve Ticaret AS  (IST:ALFAS) 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%.


Alfa Solar Enerjinayi Ve Ticaret AS Equity-to-Asset Related Terms

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Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Business Description

Traded in Other Exchanges
N/A
Address
Balgat Mahallesi Mevlana Boulevard, No 139/A, Floor 9, Apartment No: 31, Yelken Plaza, Cankaya, Ankara, TUR
Alfa Solar Enerji Sanayi Ve Ticaret AS engages in the manufacturing of photovoltaic (PV) panels in an ultra-modern facility. Its product portfolio comprises Polycrystalline Panels, Monocrystalline Panels, and half-cut panels.

Alfa Solar Enerjinayi Ve Ticaret AS (IST:ALFAS) Headlines

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