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Raytelligence AB (FRA:RTG) Equity-to-Asset : 0.89 (As of Sep. 2023)


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What is Raytelligence AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Raytelligence AB's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €1.72 Mil. Raytelligence AB's Total Assets for the quarter that ended in Sep. 2023 was €1.93 Mil. Therefore, Raytelligence AB's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.89.

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

FRA:RTG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 0.89   Max: 0.97
Current: 0.89

During the past 6 years, the highest Equity to Asset Ratio of Raytelligence AB was 0.97. The lowest was 0.74. And the median was 0.89.

FRA:RTG's Equity-to-Asset is ranked better than
94.73% of 2488 companies
in the Hardware industry
Industry Median: 0.57 vs FRA:RTG: 0.89

Raytelligence AB Equity-to-Asset Historical Data

The historical data trend for Raytelligence AB'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.

Raytelligence AB Equity-to-Asset Chart

Raytelligence AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.89 0.87 0.97 0.87 0.89

Raytelligence AB 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 0.93 0.89 0.84 0.82 0.89

Competitive Comparison of Raytelligence AB's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Raytelligence AB'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.


Raytelligence AB's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Raytelligence AB's Equity-to-Asset distribution charts can be found below:

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



Raytelligence AB 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.

Raytelligence AB'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
=5.357/6.033
=0.89

Raytelligence AB'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
=1.719/1.933
=0.89

* 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.


Raytelligence AB  (FRA:RTG) 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%.


Raytelligence AB Equity-to-Asset Related Terms

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Raytelligence AB (FRA:RTG) Business Description

Traded in Other Exchanges
Address
Klammerdammsgatan 6, Halmstad, SWE, SE-302 42
Raytelligence AB is a Swedish company that provides sensor and service to monitor heartbeat, movement, and body position. It offers a solution for home-grown monitoring, including RayVS1 which offers signal processing and signal analysis through cloud service.

Raytelligence AB (FRA:RTG) Headlines

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