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Triona AB (FRA:RQ2) Equity-to-Asset : 0.48 (As of Mar. 2024)


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What is Triona AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Triona AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €6.11 Mil. Triona AB's Total Assets for the quarter that ended in Mar. 2024 was €12.83 Mil. Therefore, Triona AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.48.

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

FRA:RQ2' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.5   Max: 0.6
Current: 0.48

During the past 4 years, the highest Equity to Asset Ratio of Triona AB was 0.60. The lowest was 0.41. And the median was 0.50.

FRA:RQ2's Equity-to-Asset is ranked worse than
58.15% of 2846 companies
in the Software industry
Industry Median: 0.55 vs FRA:RQ2: 0.48

Triona AB Equity-to-Asset Historical Data

The historical data trend for Triona 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.

Triona AB Equity-to-Asset Chart

Triona AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.60 0.41 0.52 0.53

Triona AB Quarterly Data
Dec20 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 0.47 0.46 0.54 0.53 0.48

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

For the Information Technology Services subindustry, Triona 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.


Triona AB's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Triona AB's Equity-to-Asset distribution charts can be found below:

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



Triona 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.

Triona 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
=6.095/11.549
=0.53

Triona AB'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
=6.106/12.833
=0.48

* 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.


Triona AB  (FRA:RQ2) 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%.


Triona AB Equity-to-Asset Related Terms

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


Triona AB (FRA:RQ2) Business Description

Traded in Other Exchanges
Address
Box 762, Borlange, SWE, S-781 27
Triona AB is a leading and reliable supplier of innovative IT solutions related to logistics and infrastructure-oriented businesses.

Triona AB (FRA:RQ2) Headlines

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