Advanced Bitcoin Technologies AG (HAM:ABT) Equity-to-Asset : 0.45 (As of Jun. 2023)

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What is Advanced Bitcoin Technologies AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Advanced Bitcoin Technologies AG's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €4.87 Mil. Advanced Bitcoin Technologies AG's Total Assets for the quarter that ended in Jun. 2023 was €10.80 Mil. Therefore, Advanced Bitcoin Technologies AG's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.45.

The historical rank and industry rank for Advanced Bitcoin Technologies AG's Equity-to-Asset or its related term are showing as below:

HAM:ABT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45 Med: 0.53 Max: 0.6
Current: 0.45

During the past 4 years, the highest Equity to Asset Ratio of Advanced Bitcoin Technologies AG was 0.60. The lowest was 0.45. And the median was 0.53.

HAM:ABT's Equity-to-Asset is ranked worse than
61.58% of 2850 companies
in the Software industry
Industry Median: 0.55 vs HAM:ABT: 0.45

Advanced Bitcoin Technologies AG Equity-to-Asset Historical Data

The historical data trend for Advanced Bitcoin Technologies AG'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.

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Advanced Bitcoin Technologies AG Equity-to-Asset Chart

Advanced Bitcoin Technologies AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.60

0.52

0.53

0.46

Advanced Bitcoin Technologies AG Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial			0.56	0.53	0.51	0.46	0.45

Competitive Comparison of Advanced Bitcoin Technologies AG's Equity-to-Asset

For the Software - Infrastructure subindustry, Advanced Bitcoin Technologies AG'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.

Advanced Bitcoin Technologies AG's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Advanced Bitcoin Technologies AG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Advanced Bitcoin Technologies AG's Equity-to-Asset falls into.

Advanced Bitcoin Technologies AG 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.

Advanced Bitcoin Technologies AG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	5.464	/	11.783
	=	0.46

Advanced Bitcoin Technologies AG's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	4.868	/	10.801
	=	0.45

Advanced Bitcoin Technologies AG (HAM:ABT) 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%.

Advanced Bitcoin Technologies AG Equity-to-Asset Related Terms

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Advanced Bitcoin Technologies AG (HAM:ABT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Advanced Bitcoin Technologies AG (HAM:ABT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Grüneburgweg 58 - 62, Frankfurt am Main, DEU, D - 60322

Website

https://www.abt-ag.com

Advanced Bitcoin Technologies AG is a Germany based company engaged in the business of cryptocurrencies which enables the users to handle their daily financial transactions.