Rentunder Holding AB (NGM:RENT) Equity-to-Asset: 0.56 (As of Dec. 2024)

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What is Rentunder Holding AB Equity-to-Asset?

Rentunder Holding AB NGM:RENT Equity-to-Asset is 0.56 as of Dec. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rentunder Holding AB's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr4.04 Mil. Rentunder Holding AB's Total Assets for the quarter that ended in Dec. 2024 was kr7.26 Mil. Therefore, Rentunder Holding AB's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.56.

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

NGM:RENT's Equity-to-Asset is not ranked *
in the Industrial Products industry.
Industry Median: 0.56
* Ranked among companies with meaningful Equity-to-Asset only.

Rentunder Holding AB  (NGM:RENT) 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%.

Rentunder Holding AB Equity-to-Asset Related Terms

Rentunder Holding AB Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Rentunder Holding 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.

Rentunder Holding AB Equity-to-Asset Chart

Rentunder Holding AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.40 0.36 0.13 0.23 0.56

Rentunder Holding AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.13 -0.06 0.23 0.08 0.56

NGM:RENT vs VLTO, ZWS, FSS: Equity-to-Asset Comparison

For the Pollution & Treatment Controls subindustry, Rentunder Holding 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.

Rentunder Holding AB Equity-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rentunder Holding AB's Equity-to-Asset distribution charts can be found below:

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


Rentunder Holding 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.

Rentunder Holding AB's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=4.036/7.259
=0.56

Rentunder Holding AB's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=4.036/7.259
=0.56

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.56 mean?
Rentunder Holding AB (NGM:RENT) has a Equity-to-Asset of 0.56 as of Dec. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Rentunder Holding AB and its competitors.
Is Rentunder Holding AB's Equity-to-Asset too high?
Rentunder Holding AB's current Equity-to-Asset is 0.56. The Industrial Products industry median Equity-to-Asset is 0.56. Rentunder Holding AB's value of 0.56 is 0% at this industry median.
How does Rentunder Holding AB's Equity-to-Asset compare to VLTO and ZWS?
Rentunder Holding AB's Equity-to-Asset of 0.56 can be compared against companies in the Industrial Products industry. The industry median Equity-to-Asset is 0.56. Rentunder Holding AB's value of 0.56 is 0% at this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,079 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rentunder Holding AB's current Equity-to-Asset of 0.56 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Rentunder Holding AB and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rentunder Holding AB's current Equity-to-Asset is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rentunder Holding AB stock overvalued right now?
Rentunder Holding AB (NGM:RENT) has a current Equity-to-Asset of 0.56. The current Equity-to-Asset is 0.56 and 0% at the Industrial Products industry median of 0.56. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Rentunder Holding AB (NGM:RENT), the current Equity-to-Asset is 0.56 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rentunder Holding AB Business Description

Address Gammelbygatan 18, Osthammar, SWE, 742 34
Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.