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Alk-Abello AS (CHIX:ALKBC) Equity-to-Asset : 0.71 (As of Sep. 2024)


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What is Alk-Abello AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alk-Abello AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr5,086 Mil. Alk-Abello AS's Total Assets for the quarter that ended in Sep. 2024 was kr7,149 Mil. Therefore, Alk-Abello AS's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.71.

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

CHIX:ALKBc' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.63   Max: 0.71
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of Alk-Abello AS was 0.71. The lowest was 0.57. And the median was 0.63.

CHIX:ALKBc's Equity-to-Asset is ranked better than
54.76% of 1512 companies
in the Biotechnology industry
Industry Median: 0.67 vs CHIX:ALKBc: 0.71

Alk-Abello AS Equity-to-Asset Historical Data

The historical data trend for Alk-Abello AS'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.

Alk-Abello AS Equity-to-Asset Chart

Alk-Abello AS 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 0.58 0.57 0.60 0.63 0.66

Alk-Abello AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.66 0.66 0.69 0.70 0.71

Competitive Comparison of Alk-Abello AS's Equity-to-Asset

For the Biotechnology subindustry, Alk-Abello AS'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.


Alk-Abello AS's Equity-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Alk-Abello AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Alk-Abello AS's Equity-to-Asset falls into.



Alk-Abello AS 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.

Alk-Abello AS'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
=4447/6726
=0.66

Alk-Abello AS's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=5086/7149
=0.71

* 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.


Alk-Abello AS  (CHIX:ALKBc) 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%.


Alk-Abello AS Equity-to-Asset Related Terms

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Alk-Abello AS Business Description

Traded in Other Exchanges
Address
Boge Alle 6-8, Horsholm, DNK, DK-2970
Alk-Abello AS is a biotechnology company that focuses on pharmaceutical prevention, diagnosis, and treatment of allergies. The company is focused on respiratory diseases, including allergic rhinitis and allergic asthma. Moreover, the firm specializes in venom immunotherapy for patients suffering from bee and wasp allergies. The company's treatments induce a protective immune response that provides sustained symptom relief. Its primary focus is on allergy patients whose disease is not well controlled, despite the use of symptom-relieving medication. The company operates in Europe, North America and International Markets. It derives maximum revenue from Europe.

Alk-Abello AS Headlines

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