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Victrex (LSE:VCT) Equity-to-Asset : 0.76 (As of Mar. 2024)


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What is Victrex Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Victrex's Total Stockholders Equity for the quarter that ended in Mar. 2024 was £459.0 Mil. Victrex's Total Assets for the quarter that ended in Mar. 2024 was £607.0 Mil. Therefore, Victrex's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.76.

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

LSE:VCT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.76   Med: 0.84   Max: 0.89
Current: 0.76

During the past 13 years, the highest Equity to Asset Ratio of Victrex was 0.89. The lowest was 0.76. And the median was 0.84.

LSE:VCT's Equity-to-Asset is ranked better than
75.62% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs LSE:VCT: 0.76

Victrex Equity-to-Asset Historical Data

The historical data trend for Victrex'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.

Victrex Equity-to-Asset Chart

Victrex Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.87 0.83 0.76 0.80

Victrex Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 0.80 0.76 0.77 0.80 0.76

Competitive Comparison of Victrex's Equity-to-Asset

For the Specialty Chemicals subindustry, Victrex'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.


Victrex's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Victrex's Equity-to-Asset distribution charts can be found below:

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



Victrex 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.

Victrex'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
=499/626.6
=0.80

Victrex'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
=459/607
=0.76

* 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.


Victrex  (LSE:VCT) 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%.


Victrex Equity-to-Asset Related Terms

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


Victrex (LSE:VCT) Business Description

Traded in Other Exchanges
Address
Victrex Technology Centre, Hillhouse International, Thornton Cleveleys, Lancashire, GBR, FY5 4QD
Victrex is a British specialty chemicals company whose business is based predominantly on manufacturing and creating solutions using polyetheretherketone, or PEEK, an ultra-high-performance lightweight plastic. Around 40% of sales are generated in Europe, with Asia and the Americas contributing 30% each. The business has two segments. The industrial segment targets transportation, energy, electronics, and manufacturing, while the medical segment provides healthcare solutions for the implantable device markets.

Victrex (LSE:VCT) Headlines

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