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Better Collective AS (OCSE:BETCO DKK) Equity-to-Asset : 0.57 (As of Sep. 2024)


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What is Better Collective AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Better Collective AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr4,849 Mil. Better Collective AS's Total Assets for the quarter that ended in Sep. 2024 was kr8,512 Mil. Therefore, Better Collective AS's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.57.

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

OCSE:BETCO DKK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.55   Max: 0.81
Current: 0.57

During the past 10 years, the highest Equity to Asset Ratio of Better Collective AS was 0.81. The lowest was 0.38. And the median was 0.55.

OCSE:BETCO DKK's Equity-to-Asset is ranked better than
53.41% of 2833 companies
in the Software industry
Industry Median: 0.55 vs OCSE:BETCO DKK: 0.57

Better Collective AS Equity-to-Asset Historical Data

The historical data trend for Better Collective AS'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.

Better Collective AS Equity-to-Asset Chart

Better Collective AS 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 0.60 0.52 0.58 0.53 0.46

Better Collective AS 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 0.47 0.46 0.58 0.58 0.57

Competitive Comparison of Better Collective AS's Equity-to-Asset

For the Software - Application subindustry, Better Collective AS'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.


Better Collective AS's Equity-to-Asset Distribution in the Software Industry

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

* The bar in red indicates where Better Collective AS's Equity-to-Asset falls into.



Better Collective AS 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.

Better Collective AS'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
=3244.279/6990.294
=0.46

Better Collective AS'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
=4848.875/8511.937
=0.57

* 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.


Better Collective AS  (OCSE:BETCO DKK) 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%.


Better Collective AS Equity-to-Asset Related Terms

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


Better Collective AS Business Description

Comparable Companies
Traded in Other Exchanges
Address
Sankt Annae Plads 26-28, Copenhagen K, DNK, 1250
Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing and Paid Media. It generates maximum revenue from the Publishing segment. The Publishing business segment includes revenue from Collective's proprietary online platforms and media partnerships where the online traffic is coming either directly or through organic search results.

Better Collective AS Headlines

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