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Qbrick AB (NGM:QBRICK) Equity-to-Asset : 0.69 (As of Mar. 2024)


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What is Qbrick AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Qbrick AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr30.07 Mil. Qbrick AB's Total Assets for the quarter that ended in Mar. 2024 was kr43.44 Mil. Therefore, Qbrick AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.69.

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

NGM:QBRICK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.75   Max: 0.85
Current: 0.69

During the past 5 years, the highest Equity to Asset Ratio of Qbrick AB was 0.85. The lowest was 0.62. And the median was 0.75.

NGM:QBRICK's Equity-to-Asset is ranked better than
70.2% of 2846 companies
in the Software industry
Industry Median: 0.55 vs NGM:QBRICK: 0.69

Qbrick AB Equity-to-Asset Historical Data

The historical data trend for Qbrick 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.

Qbrick AB Equity-to-Asset Chart

Qbrick AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.75 0.72 0.85 0.80 0.68

Qbrick AB Quarterly Data
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 0.79 0.78 0.71 0.68 0.69

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

For the Software - Infrastructure subindustry, Qbrick 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.


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

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

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



Qbrick 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.

Qbrick 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
=33.27/48.756
=0.68

Qbrick 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
=30.073/43.438
=0.69

* 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.


Qbrick AB  (NGM:QBRICK) 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%.


Qbrick AB Equity-to-Asset Related Terms

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


Qbrick AB (NGM:QBRICK) Business Description

Traded in Other Exchanges
N/A
Address
Farogatan 33, Kista, SWE, 164 51
Qbrick AB is a Swedish company that provides systems for secure streaming media, including streaming of video, audio, and applications over the Internet. It delivers a cloud-based technology platform with which companies and organizations can film, edit, process, store, and distribute live video and pre-recorded videos. It enables companies and organizations to create and manage videos to engage staff, consumers, and customers in a modern way through customer-specific videos such as interactive video shopping.

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