Avemio AG (XTER:3D6) Equity-to-Asset : 0.36 (As of Jun. 2023)

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What is Avemio AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Avemio AG's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €12.51 Mil. Avemio AG's Total Assets for the quarter that ended in Jun. 2023 was €35.08 Mil. Therefore, Avemio AG's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.36.

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

XTER:3D6' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36 Med: 0.94 Max: 0.96
Current: 0.36

During the past 3 years, the highest Equity to Asset Ratio of Avemio AG was 0.96. The lowest was 0.36. And the median was 0.94.

XTER:3D6's Equity-to-Asset is ranked worse than
68.75% of 1088 companies
in the Business Services industry
Industry Median: 0.5 vs XTER:3D6: 0.36

Avemio AG Equity-to-Asset Historical Data

The historical data trend for Avemio 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.

Avemio AG Equity-to-Asset Chart

Avemio AG Annual Data

Trend

Dec19

Dec20

Dec21

Equity-to-Asset

0.96

0.94

0.93

Avemio AG Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial			0.94	0.93	0.93	0.94	0.36

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

For the Consulting Services subindustry, Avemio 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.

Avemio AG's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Avemio AG's Equity-to-Asset distribution charts can be found below:

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

Avemio 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.

Avemio AG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )	=	Total Stockholders Equity	/	Total Assets
	=	0.168	/	0.18
	=	0.93

Avemio AG's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	12.51	/	35.082
	=	0.36

Avemio AG (XTER:3D6) 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%.

Avemio AG Equity-to-Asset Related Terms

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

Avemio AG (XTER:3D6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avemio AG (XTER:3D6) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

3D6:Germany

Address

Königsallee 60f, Dusseldorf, DEU, 40212

Website

http://www.palgon.de

Avemio AG Formerly Palgon AG provides management consulting services. It offers marketing, distribution, and other services in the field of information technology, including the Internet and data processing and related fields. Further, the group is also involved in acquiring, selling, renting, and managing real estate.

Avemio AG (XTER:3D6) Headlines

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