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Nordnet AB (publ) (LTS:0A6V) Equity-to-Asset : 0.03 (As of Mar. 2024)


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What is Nordnet AB (publ) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nordnet AB (publ)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr7,923 Mil. Nordnet AB (publ)'s Total Assets for the quarter that ended in Mar. 2024 was kr237,310 Mil. Therefore, Nordnet AB (publ)'s Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.03.

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

LTS:0A6V' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.04
Current: 0.03

During the past 13 years, the highest Equity to Asset Ratio of Nordnet AB (publ) was 0.04. The lowest was 0.02. And the median was 0.03.

LTS:0A6V's Equity-to-Asset is ranked worse than
93.22% of 811 companies
in the Capital Markets industry
Industry Median: 0.51 vs LTS:0A6V: 0.03

Nordnet AB (publ) Equity-to-Asset Historical Data

The historical data trend for Nordnet AB (publ)'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.

Nordnet AB (publ) Equity-to-Asset Chart

Nordnet AB (publ) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.03 0.03 0.04

Nordnet AB (publ) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.03 0.04 0.03

Competitive Comparison of Nordnet AB (publ)'s Equity-to-Asset

For the Capital Markets subindustry, Nordnet AB (publ)'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.


Nordnet AB (publ)'s Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nordnet AB (publ)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nordnet AB (publ)'s Equity-to-Asset falls into.



Nordnet AB (publ) 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.

Nordnet AB (publ)'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
=7702.4/222249.7
=0.03

Nordnet AB (publ)'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
=7923.4/237309.8
=0.03

* 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.


Nordnet AB (publ)  (LTS:0A6V) 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%.


Nordnet AB (publ) Equity-to-Asset Related Terms

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Nordnet AB (publ) (LTS:0A6V) Business Description

Traded in Other Exchanges
Address
Alstromergatan 39, Box 30099, Stockholm, SWE, SE-104 25
Nordnet AB (publ) is a digital platform in the Nordics for savings and investments. The company operates in Sweden, Norway, Denmark and Finland. Nordnet's purpose is to democratize savings and investments. It provides trading in a large number of equities, funds and other types of securities from several markets at a low price, as well as pension savings without fixed fees. The firm also offers margin loans, private loans and mortgages. There are a number of user-interfaces to choose from, such as web, app or more advanced trading applications. Digital financial guidance tools are offered to customers who want help and inspiration with their savings. Nordnet also runs the largest social investment network in the Nordics, Shareville.

Nordnet AB (publ) (LTS:0A6V) Headlines

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