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Northern CapSek Ventures AB (NGM:CAPS) Equity-to-Asset : 0.98 (As of Mar. 2024)


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What is Northern CapSek Ventures AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Northern CapSek Ventures AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr45.58 Mil. Northern CapSek Ventures AB's Total Assets for the quarter that ended in Mar. 2024 was kr46.47 Mil. Therefore, Northern CapSek Ventures AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.98.

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

NGM:CAPS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.95   Med: 0.99   Max: 0.99
Current: 0.98

During the past 5 years, the highest Equity to Asset Ratio of Northern CapSek Ventures AB was 0.99. The lowest was 0.95. And the median was 0.99.

NGM:CAPS's Equity-to-Asset is ranked better than
81.35% of 1721 companies
in the Asset Management industry
Industry Median: 0.83 vs NGM:CAPS: 0.98

Northern CapSek Ventures AB Equity-to-Asset Historical Data

The historical data trend for Northern CapSek Ventures 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.

Northern CapSek Ventures AB Equity-to-Asset Chart

Northern CapSek Ventures AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.95 0.99 0.99 0.99 0.98

Northern CapSek Ventures AB Quarterly Data
Dec19 Jun20 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 0.99 0.99 0.98 0.98 0.98

Competitive Comparison of Northern CapSek Ventures AB's Equity-to-Asset

For the Asset Management subindustry, Northern CapSek Ventures 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.


Northern CapSek Ventures AB's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Northern CapSek Ventures AB's Equity-to-Asset distribution charts can be found below:

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



Northern CapSek Ventures 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.

Northern CapSek Ventures 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
=41.157/42.041
=0.98

Northern CapSek Ventures 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
=45.578/46.474
=0.98

* 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.


Northern CapSek Ventures AB  (NGM:CAPS) 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%.


Northern CapSek Ventures AB Equity-to-Asset Related Terms

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


Northern CapSek Ventures AB (NGM:CAPS) Business Description

Traded in Other Exchanges
N/A
Address
Vallgatan 27, Gothenburg, SWE, 411 16
Northern CapSek Ventures AB is an investment company. The firm invests in growth companies with scalable business models and which has the potential to establish internationally on a larger scale.