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Holdflight AB (NGM:HOLDFL) Equity-to-Asset : 0.78 (As of Sep. 2024)


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What is Holdflight AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Holdflight AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr4.87 Mil. Holdflight AB's Total Assets for the quarter that ended in Sep. 2024 was kr6.22 Mil. Therefore, Holdflight AB's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.78.

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

NGM:HOLDFL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49   Med: 0.8   Max: 0.87
Current: 0.78

During the past 8 years, the highest Equity to Asset Ratio of Holdflight AB was 0.87. The lowest was 0.49. And the median was 0.80.

NGM:HOLDFL's Equity-to-Asset is ranked better than
82.56% of 2832 companies
in the Software industry
Industry Median: 0.55 vs NGM:HOLDFL: 0.78

Holdflight AB Equity-to-Asset Historical Data

The historical data trend for Holdflight 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.

Holdflight AB Equity-to-Asset Chart

Holdflight AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.80 0.79 0.82 0.81 0.82

Holdflight AB 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 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 0.84 0.82 0.81 0.81 0.78

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

For the Information Technology Services subindustry, Holdflight 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.


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

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

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



Holdflight 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.

Holdflight 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
=5.847/7.165
=0.82

Holdflight AB'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
=4.874/6.215
=0.78

* 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.


Holdflight AB  (NGM:HOLDFL) 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%.


Holdflight AB Equity-to-Asset Related Terms

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


Holdflight AB Business Description

Traded in Other Exchanges
N/A
Address
Karlavagen 40, Stockholm, SWE, 114 49
Holdflight AB formerly, Fastout Int AB provides an IT platform connecting companies that want to highlight a geographic location with local dronarpiloter. The company's product creates FastOut effective marketing for their clients.

Holdflight AB Headlines

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