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Emeren Group (Emeren Group) Equity-to-Asset

: 0.71 (As of Sep. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Emeren Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $322.34 Mil. Emeren Group's Total Assets for the quarter that ended in Sep. 2023 was $454.43 Mil. Therefore, Emeren Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.71.

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

SOL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01   Med: 0.25   Max: 0.78
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of Emeren Group was 0.78. The lowest was 0.01. And the median was 0.25.

SOL's Equity-to-Asset is ranked better than
62.1% of 1000 companies
in the Semiconductors industry
Industry Median: 0.63 vs SOL: 0.71

Emeren Group Equity-to-Asset Historical Data

The historical data trend for Emeren Group'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.

Emeren Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.30 0.41 0.76 0.70

Emeren Group 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 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 Premium Member Only Premium Member Only Premium Member Only 0.73 0.70 0.70 0.71 0.71

Competitive Comparison

For the Solar subindustry, Emeren Group'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.


Emeren Group Equity-to-Asset Distribution

For the Semiconductors industry and Technology sector, Emeren Group's Equity-to-Asset distribution charts can be found below:

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



Emeren Group 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.

Emeren Group'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
=347.293/493.85
=0.70

Emeren Group'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
=322.344/454.428
=0.71

* 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.


Emeren Group  (NYSE:SOL) 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%.


Emeren Group Equity-to-Asset Related Terms

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


Emeren Group (Emeren Group) Business Description

Traded in Other Exchanges
Address
100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.
Executives
Capital Management Shah director, 10 percent owner 8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615