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CMMCF (OXE Marine AB) Equity-to-Asset : -0.19 (As of Sep. 2024)


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What is OXE Marine AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. OXE Marine AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-5.25 Mil. OXE Marine AB's Total Assets for the quarter that ended in Sep. 2024 was $27.10 Mil. Therefore, OXE Marine AB's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was -0.19.

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

CMMCF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.19   Med: 0.23   Max: 0.77
Current: -0.19

During the past 9 years, the highest Equity to Asset Ratio of OXE Marine AB was 0.77. The lowest was -0.19. And the median was 0.23.

CMMCF's Equity-to-Asset is ranked worse than
95.24% of 315 companies
in the Aerospace & Defense industry
Industry Median: 0.48 vs CMMCF: -0.19

OXE Marine AB Equity-to-Asset Historical Data

The historical data trend for OXE Marine 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.

OXE Marine AB Equity-to-Asset Chart

OXE Marine AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.38 0.27 0.14 0.26 0.04

OXE Marine AB 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 - 0.04 -0.05 -0.12 -0.19

Competitive Comparison of OXE Marine AB's Equity-to-Asset

For the Aerospace & Defense subindustry, OXE Marine 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.


OXE Marine AB's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, OXE Marine AB's Equity-to-Asset distribution charts can be found below:

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



OXE Marine 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.

OXE Marine 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
=1.303/33.078
=0.04

OXE Marine AB'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
=-5.25/27.095
=-0.19

* 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.


OXE Marine AB  (OTCPK:CMMCF) 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%.


OXE Marine AB Equity-to-Asset Related Terms

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


OXE Marine AB Business Description

Traded in Other Exchanges
Address
Metallgatan 6, Angelholm, Helsingborg, SWE, SE-262 72
OXE Marine AB designs and builds commercial diesel outboards named OXE Diesel. The company's product range includes OXE 150, OXE 175, OXE 200, OXE 300, OXE KRETA, and its accessories. The OXE Diesel offers solutions for governmental, oil and gas, search and rescue, and large commercial applications, also for small craft fishermen and fish farmers, survey, tourism, yacht tender, taxi and pilot operations - all applications where range, load-carrying performance, and running costs are some factors.