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Binero Group AB (OSTO:BINERO) Equity-to-Asset : 0.60 (As of Dec. 2023)


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What is Binero Group AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Binero Group AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr89.97 Mil. Binero Group AB's Total Assets for the quarter that ended in Dec. 2023 was kr149.26 Mil.

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

OSTO:BINERO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.57   Max: 0.8
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Binero Group AB was 0.80. The lowest was 0.45. And the median was 0.57.

OSTO:BINERO's Equity-to-Asset is ranked better than
57.62% of 2853 companies
in the Software industry
Industry Median: 0.55 vs OSTO:BINERO: 0.60

Binero Group AB Equity-to-Asset Historical Data

The historical data trend for Binero Group 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.

Binero Group AB Equity-to-Asset Chart

Binero Group 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 0.80 0.61 0.56 0.57 0.60

Binero Group AB Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 0.55 0.59 0.57 0.62 0.60

Competitive Comparison of Binero Group AB's Equity-to-Asset

For the Software - Infrastructure subindustry, Binero Group 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.


Binero Group AB's Equity-to-Asset Distribution in the Software Industry

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

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



Binero Group 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.

Binero Group 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
=89.966/149.26
=0.60

Binero Group AB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=89.966/149.26
=

* 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.


Binero Group AB  (OSTO:BINERO) 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%.


Binero Group AB Equity-to-Asset Related Terms

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Binero Group AB (OSTO:BINERO) Business Description

Traded in Other Exchanges
N/A
Address
Gustavslundsvagen 141A, Bromma, Stockholm, SWE, 167 51
Binero Group AB is a Swedish provider of digital infrastructure services for small and medium-sized companies. The company's offer includes, among other things, the development and management of a company's IT infrastructure as well as its own public cloud service, called IaaS (infrastructure as a service) that goes by the name of binero cloud. The company also operates several datacenters, where the waste heat is recycled and distributed into the district heating system.

Binero Group AB (OSTO:BINERO) Headlines

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