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Huhtamaki Oyj (OHEL:HUH1V) Equity-to-Asset : 0.40 (As of Mar. 2024)


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What is Huhtamaki Oyj Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Huhtamaki Oyj's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,910 Mil. Huhtamaki Oyj's Total Assets for the quarter that ended in Mar. 2024 was €4,768 Mil. Therefore, Huhtamaki Oyj's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.40.

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

OHEL:HUH1V' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.38   Max: 0.4
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Huhtamaki Oyj was 0.40. The lowest was 0.32. And the median was 0.38.

OHEL:HUH1V's Equity-to-Asset is ranked worse than
74.55% of 389 companies
in the Packaging & Containers industry
Industry Median: 0.56 vs OHEL:HUH1V: 0.40

Huhtamaki Oyj Equity-to-Asset Historical Data

The historical data trend for Huhtamaki Oyj'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.

Huhtamaki Oyj Equity-to-Asset Chart

Huhtamaki Oyj 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 0.37 0.36 0.34 0.38 0.39

Huhtamaki Oyj 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 0.39 0.37 0.39 0.39 0.40

Competitive Comparison of Huhtamaki Oyj's Equity-to-Asset

For the Packaging & Containers subindustry, Huhtamaki Oyj'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.


Huhtamaki Oyj's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Huhtamaki Oyj's Equity-to-Asset distribution charts can be found below:

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



Huhtamaki Oyj 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.

Huhtamaki Oyj'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
=1838.3/4664.9
=0.39

Huhtamaki Oyj'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
=1909.8/4767.6
=0.40

* 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.


Huhtamaki Oyj  (OHEL:HUH1V) 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%.


Huhtamaki Oyj Equity-to-Asset Related Terms

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Huhtamaki Oyj (OHEL:HUH1V) Business Description

Traded in Other Exchanges
Address
Revontulenkuja 1, Espoo, FIN, 02100
Huhtamäki Oyj is a Finland-based company engaged in manufacturing and selling consumer packaging products. The company operates in three segments; Fiber Foodservice Europe, Asia, and Oceania segment offer high-quality paperboard and molded fiber packaging for fresh food and beverages, the North America segment serves retail tableware, food service, and consumer goods packaging markets, and The flexible Packaging segment offer light and flexible packaging materials, pouches and labels for food and beverages, coffee packaging, pet food packaging, barrier packaging, retort pouches and packaging for healthcare products.

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