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Netcompany Group A/S (OCSE:NETC) Equity-to-Asset : 0.47 (As of Mar. 2024)


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What is Netcompany Group A/S Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Netcompany Group A/S's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr3,826 Mil. Netcompany Group A/S's Total Assets for the quarter that ended in Mar. 2024 was kr8,218 Mil. Therefore, Netcompany Group A/S's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.47.

The historical rank and industry rank for Netcompany Group A/S's Equity-to-Asset or its related term are showing as below:

OCSE:NETC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.5   Max: 0.67
Current: 0.47

During the past 9 years, the highest Equity to Asset Ratio of Netcompany Group A/S was 0.67. The lowest was 0.43. And the median was 0.50.

OCSE:NETC's Equity-to-Asset is ranked worse than
59.38% of 2851 companies
in the Software industry
Industry Median: 0.55 vs OCSE:NETC: 0.47

Netcompany Group A/S Equity-to-Asset Historical Data

The historical data trend for Netcompany Group A/S'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.

Netcompany Group A/S Equity-to-Asset Chart

Netcompany Group A/S Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.56 0.60 0.43 0.49 0.47

Netcompany Group A/S Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only 0.51 0.49 0.48 0.47 0.47

Competitive Comparison of Netcompany Group A/S's Equity-to-Asset

For the Information Technology Services subindustry, Netcompany Group A/S'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.


Netcompany Group A/S's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Netcompany Group A/S's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Netcompany Group A/S's Equity-to-Asset falls into.



Netcompany Group A/S 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.

Netcompany Group A/S'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
=3823.5/8159.8
=0.47

Netcompany Group A/S'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
=3825.7/8218
=0.47

* 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.


Netcompany Group A/S  (OCSE:NETC) 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%.


Netcompany Group A/S Equity-to-Asset Related Terms

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Netcompany Group A/S (OCSE:NETC) Business Description

Traded in Other Exchanges
Address
Gronningen 17, Copenhagen, DNK, 1270
Netcompany Group A/S is an information technology company. The company is engaged in delivering business-critical IT solutions to large Public and Private sector customers and supporting them in their digital transformation journeys. It generates maximum revenue from the Public segment. The company serves Finance; Government; Manufacturing and engineering; Municipalities; Retail and trade; Service companies; Telecommunication and media; Energy and Utilities and others. Geographically, it derives a majority of its revenue from Denmark.