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Arjo AB (STU:A39) Equity-to-Asset : 0.51 (As of Mar. 2024)


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What is Arjo AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arjo AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €715.3 Mil. Arjo AB's Total Assets for the quarter that ended in Mar. 2024 was €1,412.1 Mil. Therefore, Arjo AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.51.

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

STU:A39' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.44   Max: 0.73
Current: 0.51

During the past 11 years, the highest Equity to Asset Ratio of Arjo AB was 0.73. The lowest was 0.32. And the median was 0.44.

STU:A39's Equity-to-Asset is ranked better than
64% of 100 companies
in the Medical Distribution industry
Industry Median: 0.385 vs STU:A39: 0.51

Arjo AB Equity-to-Asset Historical Data

The historical data trend for Arjo 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.

Arjo AB Equity-to-Asset Chart

Arjo 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 0.41 0.41 0.47 0.47 0.49

Arjo 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 0.48 0.48 0.50 0.49 0.51

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

For the Medical Distribution subindustry, Arjo 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.


Arjo AB's Equity-to-Asset Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Arjo AB's Equity-to-Asset distribution charts can be found below:

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



Arjo 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.

Arjo 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
=677.809/1380.649
=0.49

Arjo 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
=715.319/1412.081
=0.51

* 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.


Arjo AB  (STU:A39) 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%.


Arjo AB Equity-to-Asset Related Terms

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Arjo AB (STU:A39) Business Description

Traded in Other Exchanges
Address
Hans Michelsensgatan 10, Malmo, SWE, SE-211 20
Arjo AB is a supplier of medical devices, services, and solutions in Sweden. It serves its services to private and public institutions with acute care and long-term care. The company's offering includes products and solutions for patient handling, hygiene, disinfection, medical beds, therapeutic surfaces, venous thromboembolism (VTE) prevention and diagnostics. It also offers services such as training in connection with product sales. Geographically, it derives a majority of revenue from Western Europe and also has a presence in North America; and the Rest of the World.

Arjo AB (STU:A39) Headlines

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