Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Il Sole 24 Ore's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €23.6 Mil. Il Sole 24 Ore's Total Assets for the quarter that ended in Dec. 2023 was €251.0 Mil.
Therefore, Il Sole 24 Ore's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.
The historical rank and industry rank for Il Sole 24 Ore's Equity-to-Asset or its related term are showing as below:
MIL:S24'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.05 Med: 0.15 Max: 0.29
Current: 0.09
During the past 13 years, the highest Equity to Asset Ratio of Il Sole 24 Ore was 0.29. The lowest was -0.05. And the median was 0.15.
MIL:S24's Equity-to-Asset is ranked worse than 86.52% of 1061
companies
in the Media - Diversified industry
Industry Median: 0.51
vs MIL:S24: 0.09
Il Sole 24 Ore Equity-to-Asset Historical Data
The historical data trend for Il Sole 24 Ore'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.
Competitive Comparison of Il Sole 24 Ore's Equity-to-Asset
For the Publishing subindustry, Il Sole 24 Ore'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.
Il Sole 24 Ore's Equity-to-Asset Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Il Sole 24 Ore's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Il Sole 24 Ore's Equity-to-Asset falls into.
Il Sole 24 Ore 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.
Il Sole 24 Ore's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Il Sole 24 Ore (MIL:S24) 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%.
Il Sole 24 Ore Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Il Sole 24 Ore's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Il Sole 24 Ore is engaged in publishing news, books, and magazines. The company's segments are categorized into seven divisions. The Publishing and Digital division engages in publishing the daily newspaper, broadsheets, magazines, website, and the radiocor plus press agency. The Tax and legal segment provide products with technical and regulatory content. Its Radio segment manages the national radio 24 broadcasters. The System segment functions as an advertising sales agency. The Education and services segment provides training to young university graduates, managers, and professionals. The Culture segment comprises of the production of exhibitions and book publication. The Corporate and centralized services seek departments and the services associated with the support processes.
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