GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nemak SAB de CV (OTCPK:NMAKF) » Definitions » Equity-to-Asset

NemakB de CV (NemakB de CV) Equity-to-Asset : 0.32 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is NemakB de CV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NemakB de CV's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,767 Mil. NemakB de CV's Total Assets for the quarter that ended in Mar. 2024 was $5,491 Mil. Therefore, NemakB de CV's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.32.

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

NMAKF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.37   Max: 0.4
Current: 0.32

During the past 12 years, the highest Equity to Asset Ratio of NemakB de CV was 0.40. The lowest was 0.18. And the median was 0.37.

NMAKF's Equity-to-Asset is ranked worse than
73.97% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 0.465 vs NMAKF: 0.32

NemakB de CV Equity-to-Asset Historical Data

The historical data trend for NemakB de CV'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.

NemakB de CV Equity-to-Asset Chart

NemakB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.36 0.35 0.33 0.32

NemakB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.33 0.33 0.32 0.32 0.32

Competitive Comparison of NemakB de CV's Equity-to-Asset

For the Auto Parts subindustry, NemakB de CV'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.


NemakB de CV's Equity-to-Asset Distribution in the Vehicles & Parts Industry

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

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



NemakB de CV 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.

NemakB de CV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1770.629/5507.547
=0.32

NemakB de CV'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
=1766.638/5491.469
=0.32

* 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.


NemakB de CV  (OTCPK:NMAKF) 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%.


NemakB de CV Equity-to-Asset Related Terms

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


NemakB de CV (NemakB de CV) Business Description

Traded in Other Exchanges
Address
Libramiento Arco Vial Km. 3.8, Garcia, Mexico, NL, MEX, 66000
Nemak SAB de CV is a Mexican company that is active in the automotive industry. The company is engaged in the production of complex aluminum components for powertrain and body structure applications. Its product portfolio includes cylinder heads, engine blocks, transmission parts, structural parts, cargo floor reinforcement, reinforcement side members, transmission housing, shock tower, cross member, support bracket, frame rail, and other components. The company has business operations in Canada, the United States, Mexico, Brazil, Spain, Germany, Poland, Russia, India, China, and others. Nemak earns nearly half of its revenue from North America.