Assa Abloy AB (Assa Abloy AB) Equity-to-Asset

: 0.47 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Assa Abloy AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8,933 Mil. Assa Abloy AB's Total Assets for the quarter that ended in Dec. 2023 was $19,142 Mil. Therefore, Assa Abloy AB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.

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

ASAZY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45 Med: 0.5 Max: 0.56
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Assa Abloy AB was 0.56. The lowest was 0.45. And the median was 0.50.

ASAZY's Equity-to-Asset is ranked worse than
52.98% of 1091 companies
in the Business Services industry
Industry Median: 0.49 vs ASAZY: 0.47

Assa Abloy AB Equity-to-Asset Historical Data

The historical data trend for Assa Abloy 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.

Assa Abloy AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.50

0.54

0.56

0.47

Assa Abloy AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.56	0.57	0.45	0.47	0.47

Competitive Comparison

For the Security & Protection Services subindustry, Assa Abloy 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.

Assa Abloy AB Equity-to-Asset Distribution

For the Business Services industry and Industrials sector, Assa Abloy AB's Equity-to-Asset distribution charts can be found below:

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

Assa Abloy 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.

Assa Abloy 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
	=	8932.791	/	19142.002
	=	0.47

Assa Abloy 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
	=	8932.791	/	19142.002
	=	0.47

Assa Abloy AB (OTCPK:ASAZY) 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%.

Assa Abloy AB Equity-to-Asset Related Terms

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

Assa Abloy AB (Assa Abloy AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Assa Abloy AB (OTCPK:ASAZY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ASAZF:USA ASSA B:Sweden ASSABs:UK 0R87:UK ALZC:Germany

Address

Klarabergsviadukten 90, P.O. Box 70340, Stockholm, SWE, SE-107 23

Website

https://www.assaabloy.com

Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Three quarters of its revenue comes from government, commercial, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.