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Metsa Board Oyj (OHEL:METSB) Equity-to-Asset : 0.59 (As of Mar. 2024)


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What is Metsa Board Oyj Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Metsa Board Oyj's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,748 Mil. Metsa Board Oyj's Total Assets for the quarter that ended in Mar. 2024 was €2,988 Mil. Therefore, Metsa Board Oyj's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

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

OHEL:METSB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.56   Max: 0.63
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Metsa Board Oyj was 0.63. The lowest was 0.39. And the median was 0.56.

OHEL:METSB's Equity-to-Asset is ranked better than
57.18% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.55 vs OHEL:METSB: 0.59

Metsa Board Oyj Equity-to-Asset Historical Data

The historical data trend for Metsa Board Oyj'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.

Metsa Board Oyj Equity-to-Asset Chart

Metsa Board Oyj 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 0.59 0.60 0.58 0.61 0.62

Metsa Board Oyj 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 0.57 0.62 0.63 0.62 0.59

Competitive Comparison of Metsa Board Oyj's Equity-to-Asset

For the Packaging & Containers subindustry, Metsa Board Oyj'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.


Metsa Board Oyj's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Metsa Board Oyj's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Metsa Board Oyj's Equity-to-Asset falls into.



Metsa Board Oyj 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.

Metsa Board Oyj'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
=1897/3055.1
=0.62

Metsa Board Oyj'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
=1747.8/2987.6
=0.59

* 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.


Metsa Board Oyj  (OHEL:METSB) 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%.


Metsa Board Oyj Equity-to-Asset Related Terms

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Metsa Board Oyj (OHEL:METSB) Business Description

Traded in Other Exchanges
Address
Revontulenpuisto 2, Espoo, FIN, 02100
Metsa Board Oyj manufactures and sells a variety of fibre-based products. Its product portfolio includes pulp, boxboard, and linerboard, which are used in foodservice and consumer goods packaging. The company's customers are typically boxboard printers, carton board manufacturers in the food, cosmetics, and pharmaceutical industries, and manufacturers of branded goods and wholesalers. It operates fiber mills that produce its fiber-based products from timber. Most of the revenue is generated in Europe. It also operates in the Americas and the Asia-Pacific region.

Metsa Board Oyj (OHEL:METSB) Headlines

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