Karo Leather (XPRA:KARIN) Equity-to-Asset : 0.42 (As of Dec. 2022)

View and export this data going back to 2019. Start your Free Trial

What is Karo Leather Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Karo Leather's Total Stockholders Equity for the quarter that ended in Dec. 2022 was Kč344.3 Mil. Karo Leather's Total Assets for the quarter that ended in Dec. 2022 was Kč812.0 Mil. Therefore, Karo Leather's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.42.

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

XPRA:KARIN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.42 Max: 1
Current: 0.42

During the past 5 years, the highest Equity to Asset Ratio of Karo Leather was 1.00. The lowest was 0.31. And the median was 0.42.

XPRA:KARIN's Equity-to-Asset is ranked worse than
63.75% of 1084 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs XPRA:KARIN: 0.42

Karo Leather Equity-to-Asset Historical Data

The historical data trend for Karo Leather'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.

Karo Leather Equity-to-Asset Chart

Karo Leather Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

1.00

0.40

0.31

0.42

Karo Leather Semi-Annual Data
	Dec18	Dec19	Dec20	Dec21	Dec22
Equity-to-Asset	1.00	1.00	0.40	0.31	0.42

Competitive Comparison of Karo Leather's Equity-to-Asset

For the Textile Manufacturing subindustry, Karo Leather'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.

Karo Leather's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Karo Leather's Equity-to-Asset distribution charts can be found below:

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

Karo Leather 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.

Karo Leather'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
	=	344.298	/	812.015
	=	0.42

Karo Leather's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	344.298	/	812.015
	=	0.42

Karo Leather (XPRA:KARIN) 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%.

Karo Leather Equity-to-Asset Related Terms

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

Karo Leather (XPRA:KARIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Karo Leather (XPRA:KARIN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rohanske nabrezi 642/35, Prague, CZE, 186 00

Website

https://www.karo-leather.com

Karo Leather is engaged in machine processing and trading of leather for the furniture industry and selling of cowhides. Its products include sells buffalo, cowhide products; and upholstery leather. It markets products in European Union countries, especially Poland.

Karo Leather (XPRA:KARIN) Headlines

No Headlines