GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » CodeLab Capital AS (OSL:CODE) » Definitions » Equity-to-Asset

CodeLab Capital AS (OSL:CODE) Equity-to-Asset : 0.98 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is CodeLab Capital AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CodeLab Capital AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr125.88 Mil. CodeLab Capital AS's Total Assets for the quarter that ended in Mar. 2024 was kr129.15 Mil. Therefore, CodeLab Capital AS's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.98.

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

OSL:CODE' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.18   Med: 0.64   Max: 0.98
Current: 0.98

During the past 5 years, the highest Equity to Asset Ratio of CodeLab Capital AS was 0.98. The lowest was -0.18. And the median was 0.64.

OSL:CODE's Equity-to-Asset is ranked better than
99.71% of 679 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs OSL:CODE: 0.98

CodeLab Capital AS Equity-to-Asset Historical Data

The historical data trend for CodeLab Capital AS'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.

CodeLab Capital AS Equity-to-Asset Chart

CodeLab Capital AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
-0.07 -0.15 0.63 0.66 0.66

CodeLab Capital AS Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.68 0.66 - 0.95 0.98

Competitive Comparison of CodeLab Capital AS's Equity-to-Asset

For the Health Information Services subindustry, CodeLab Capital AS'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.


CodeLab Capital AS's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CodeLab Capital AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CodeLab Capital AS's Equity-to-Asset falls into.



CodeLab Capital AS 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.

CodeLab Capital AS'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
=599.421/914.827
=0.66

CodeLab Capital AS'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
=125.884/129.152
=0.97

* 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.


CodeLab Capital AS  (OSL:CODE) 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%.


CodeLab Capital AS Equity-to-Asset Related Terms

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


CodeLab Capital AS (OSL:CODE) Business Description

Traded in Other Exchanges
Address
Tjuvholmen alle 3, Oslo, NOR, 0252
CodeLab Capital AS is a provider of healthcare solutions. It offers a cloud-based platform for patients, healthcare professionals, and therapists to manage their day-to-day activities. The company has three business units: the Norwegian SaaS business; the App; and the International business.

CodeLab Capital AS (OSL:CODE) Headlines

No Headlines