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Varta AG (STU:VAR) Equity-to-Asset : 0.15 (As of Sep. 2023)


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What is Varta AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Varta AG's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €175.3 Mil. Varta AG's Total Assets for the quarter that ended in Sep. 2023 was €1,145.8 Mil. Therefore, Varta AG's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.15.

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

STU:VAR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.45   Max: 0.71
Current: 0.15

During the past 11 years, the highest Equity to Asset Ratio of Varta AG was 0.71. The lowest was 0.15. And the median was 0.45.

STU:VAR's Equity-to-Asset is ranked worse than
94.61% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs STU:VAR: 0.15

Varta AG Equity-to-Asset Historical Data

The historical data trend for Varta AG'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.

Varta AG Equity-to-Asset Chart

Varta AG Annual Data
Trend Dec09 Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.62 0.44 0.42 0.19

Varta AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 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 0.31 0.19 0.20 0.16 0.15

Competitive Comparison of Varta AG's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Varta AG'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.


Varta AG's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Varta AG's Equity-to-Asset distribution charts can be found below:

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



Varta AG 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.

Varta AG'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
=239.465/1258.454
=0.19

Varta AG'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
=175.31/1145.801
=0.15

* 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.


Varta AG  (STU:VAR) 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%.


Varta AG Equity-to-Asset Related Terms

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Varta AG (STU:VAR) Business Description

Address
VARTA-Platz 1, Ellwangen, BW, DEU, 73479
Varta AG manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. It operates in five reportable business segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Others. The company generates the majority of its revenue from the Consumer Batteries segment which comprises the product categories of household comprises the product categories of household batteries, rechargeable batteries, chargers, portable power (power banks), and lights.

Varta AG (STU:VAR) Headlines

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