CT Automotive Group (LSE:CTA) Equity-to-Asset : 0.13 (As of Jun. 2023)

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What is CT Automotive Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CT Automotive Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was £8.8 Mil. CT Automotive Group's Total Assets for the quarter that ended in Jun. 2023 was £65.8 Mil. Therefore, CT Automotive Group's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.13.

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

LSE:CTA' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.16 Med: 0 Max: 0.26
Current: 0.13

During the past 5 years, the highest Equity to Asset Ratio of CT Automotive Group was 0.26. The lowest was -0.16. And the median was 0.00.

LSE:CTA's Equity-to-Asset is ranked worse than
92.53% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs LSE:CTA: 0.13

CT Automotive Group Equity-to-Asset Historical Data

The historical data trend for CT Automotive Group'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.

CT Automotive Group Equity-to-Asset Chart

CT Automotive Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

-0.03

-0.16

0.25

0.03

CT Automotive Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial				-0.06	0.25	0.26	0.03	0.13

Competitive Comparison of CT Automotive Group's Equity-to-Asset

For the Auto Parts subindustry, CT Automotive Group'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.

CT Automotive Group's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, CT Automotive Group's Equity-to-Asset distribution charts can be found below:

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

CT Automotive Group 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.

CT Automotive Group'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
	=	2.116	/	64.971
	=	0.03

CT Automotive Group's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	8.795	/	65.76
	=	0.13

CT Automotive Group (LSE:CTA) 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%.

CT Automotive Group Equity-to-Asset Related Terms

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

CT Automotive Group (LSE:CTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CT Automotive Group PLC (LSE:CTA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

X7X:Germany

Address

1000 Lakeside North Harbour, Western Road, Portsmouth, Hampshire, GBR, PO6 3EN

Website

https://www.ct-automotive.net

CT Automotive Group PLC designs develops and supplies interior components for the automotive industry. Customers include a few original equipment manufacturers and Tier One suppliers to OEMs. The group has an international manufacturing footprint with the majority of the production across three sites in China with additional sites in the UK, Czech Republic, and Turkey, as well as an engineering design office in India.