KKOYY (Kesko Oyj) Equity-to-Asset : 0.32 (As of Sep. 2024)

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What is Kesko Oyj Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kesko Oyj's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $2,918 Mil. Kesko Oyj's Total Assets for the quarter that ended in Sep. 2024 was $9,131 Mil. Therefore, Kesko Oyj's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.32.

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

KKOYY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.35 Max: 0.52
Current: 0.32

During the past 13 years, the highest Equity to Asset Ratio of Kesko Oyj was 0.52. The lowest was 0.26. And the median was 0.35.

KKOYY's Equity-to-Asset is ranked worse than
64.26% of 319 companies
in the Retail - Defensive industry
Industry Median: 0.41 vs KKOYY: 0.32

Kesko Oyj Equity-to-Asset Historical Data

The historical data trend for Kesko Oyj'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.

Kesko Oyj Equity-to-Asset Chart

Kesko Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.29

0.33

0.36

0.37

0.36

Kesko Oyj 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															0.34	0.36	0.29	0.30	0.32

Competitive Comparison of Kesko Oyj's Equity-to-Asset

For the Grocery Stores subindustry, Kesko Oyj'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.

Kesko Oyj's Equity-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kesko Oyj's Equity-to-Asset distribution charts can be found below:

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

Kesko Oyj 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.

Kesko Oyj'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
	=	3008.07	/	8456.161
	=	0.36

Kesko Oyj'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
	=	2917.536	/	9130.966
	=	0.32

Kesko Oyj (OTCPK:KKOYY) 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%.

Kesko Oyj Equity-to-Asset Related Terms

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

Kesko Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kesko Oyj (OTCPK:KKOYY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

KKOYF:USA KKOAF:USA KESKBh:UK 0BNT:UK 0BNS:UK KESKOB:Finland KESKOA:Finland KEK:Germany

Address

Tyopajankatu 12, Helsinki, FIN, 00580

Website

https://www.kesko.fi

Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the most revenue.