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Hynion AS (FRA:36R) Equity-to-Asset : 0.72 (As of Dec. 2023)


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What is Hynion AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hynion AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €2.25 Mil. Hynion AS's Total Assets for the quarter that ended in Dec. 2023 was €3.11 Mil. Therefore, Hynion AS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.72.

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

FRA:36R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.8   Max: 0.92
Current: 0.72

During the past 5 years, the highest Equity to Asset Ratio of Hynion AS was 0.92. The lowest was 0.58. And the median was 0.80.

FRA:36R's Equity-to-Asset is ranked better than
84.48% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 0.45 vs FRA:36R: 0.72

Hynion AS Equity-to-Asset Historical Data

The historical data trend for Hynion 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.

Hynion AS Equity-to-Asset Chart

Hynion AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.58 0.86 0.92 0.80 0.72

Hynion AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.92 0.93 0.80 0.70 0.72

Competitive Comparison of Hynion AS's Equity-to-Asset

For the Specialty Retail subindustry, Hynion 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.


Hynion AS's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hynion AS's Equity-to-Asset distribution charts can be found below:

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



Hynion 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.

Hynion 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
=2.252/3.11
=0.72

Hynion AS'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
=2.252/3.11
=0.72

* 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.


Hynion AS  (FRA:36R) 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%.


Hynion AS Equity-to-Asset Related Terms

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


Hynion AS (FRA:36R) Business Description

Traded in Other Exchanges
Address
Sandviksveien 17, P.O. box 526, Hovik, NOR, 1363
Hynion AS is a hydrogen fuel company whose main business is to sell hydrogen fuel through hydrogen stations owned by the company. The company designs, builds, owns, and operates hydrogen fuel stations. The company has five hydrogen stations, two in Norway and three in Sweden.

Hynion AS (FRA:36R) Headlines

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