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NCC AB (NCC AB) Equity-to-Asset : 0.24 (As of Mar. 2024)


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What is NCC AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NCC AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $711 Mil. NCC AB's Total Assets for the quarter that ended in Mar. 2024 was $3,021 Mil. Therefore, NCC AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.24.

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

NCCBF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.19   Max: 0.25
Current: 0.24

During the past 13 years, the highest Equity to Asset Ratio of NCC AB was 0.25. The lowest was 0.07. And the median was 0.19.

NCCBF's Equity-to-Asset is ranked worse than
80.23% of 1684 companies
in the Construction industry
Industry Median: 0.44 vs NCCBF: 0.24

NCC AB Equity-to-Asset Historical Data

The historical data trend for NCC 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.

NCC AB Equity-to-Asset Chart

NCC AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.14 0.20 0.24 0.23

NCC AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.24 0.22 0.24 0.23 0.24

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

For the Engineering & Construction subindustry, NCC 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.


NCC AB's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, NCC AB's Equity-to-Asset distribution charts can be found below:

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



NCC 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.

NCC AB's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=714.007/3114.764
=0.23

NCC AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=711.054/3020.756
=0.24

* 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.


NCC AB  (OTCPK:NCCBF) 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%.


NCC AB Equity-to-Asset Related Terms

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


NCC AB (NCC AB) Business Description

Address
Herrjarva Torg 4, Solna, SWE, SE-170 80
NCC AB is a leading construction and property development company in the Nordic region. Its business operations are divided into five operating segments: NCC Infrastructure, NCC Building Sweden, NCC Building Nordics, NCC Industry, and NCC Property Development in descending order of total net sales. The company's major projects include entire infrastructure build-outs such as tunnels, roads and railways, housing, office buildings, school and hospital construction, production of asphalt and stone materials, and commercial property development.

NCC AB (NCC AB) Headlines

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