SAS AB (SAS AB) Equity-to-Asset : -0.15 (As of Jan. 2024)

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What is SAS AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SAS AB's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-804 Mil. SAS AB's Total Assets for the quarter that ended in Jan. 2024 was $5,225 Mil. Therefore, SAS AB's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was -0.15.

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

SASBQ' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.15 Med: 0.15 Max: 0.27
Current: -0.15

During the past 13 years, the highest Equity to Asset Ratio of SAS AB was 0.27. The lowest was -0.15. And the median was 0.15.

SASBQ's Equity-to-Asset is ranked worse than
96.83% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs SASBQ: -0.15

SAS AB Equity-to-Asset Historical Data

The historical data trend for SAS 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.

SAS AB Equity-to-Asset Chart

SAS AB Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Equity-to-Asset

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0.16

0.18

0.12

0.01

-0.11

SAS AB Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial															-0.04	-0.09	-0.08	-0.11	-0.15

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

For the Airlines subindustry, SAS 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.

SAS AB's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SAS AB's Equity-to-Asset distribution charts can be found below:

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

SAS 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.

SAS AB's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-554.15	/	5064.802
	=	-0.11

SAS AB's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	-803.819	/	5225.45
	=	-0.15

SAS AB (OTCPK:SASBQ) 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%.

SAS AB Equity-to-Asset Related Terms

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

SAS AB (SAS AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SAS AB (OTCPK:SASBQ) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SAS:Sweden SASNO:Norway 0O1W:UK SAS DKK:Denmark SSV2:Germany SSV2:Germany

Address

Frosundaviks Alle 1, Solna, Stockholm, SWE, SE-195 87

Website

https://www.sasgroup.net

SAS AB is a Scandinavian airline that offers transportation to many domestic and international destinations. Its target audience is frequent business and leisure travelers, and the airline attempts to develop services that make travel easier. Loyalty programs coupled with new applications and bundled packages give customers increased access and various options to plan a trip. Passenger traffic throughout Denmark, Norway, and Sweden account for approximately one-third of total revenue, but the airline does have a worldwide reach. Partnerships with other airlines enhance their global destination network and help customers use different airlines at numerous airports.

SAS AB (SAS AB) Headlines

From GuruFocus

SAS increases flights from Scandinavia to the United States

By PRNewswire PRNewswire • 07-09-2021

SAS presents traffic program for the fall

By PRNewswire PRNewswire • 08-23-2021

SAS opens new routes to Toronto from Copenhagen and Stockholm

By PRNewswire PRNewswire • 02-08-2022