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Partnera Oyj (OHEL:PARTNE1) Equity-to-Asset : 0.52 (As of Jun. 2023)


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What is Partnera Oyj Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Partnera Oyj's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €44.98 Mil. Partnera Oyj's Total Assets for the quarter that ended in Jun. 2023 was €86.79 Mil. Therefore, Partnera Oyj's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.52.

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

OHEL:PARTNE1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.57   Max: 1
Current: 0.52

During the past 6 years, the highest Equity to Asset Ratio of Partnera Oyj was 1.00. The lowest was 0.29. And the median was 0.57.

OHEL:PARTNE1's Equity-to-Asset is ranked better than
63.01% of 246 companies
in the Waste Management industry
Industry Median: 0.425 vs OHEL:PARTNE1: 0.52

Partnera Oyj Equity-to-Asset Historical Data

The historical data trend for Partnera 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.

Partnera Oyj Equity-to-Asset Chart

Partnera Oyj Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.69 0.63 0.65 0.39 0.29

Partnera Oyj Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.42 0.39 0.36 0.29 0.52

Competitive Comparison of Partnera Oyj's Equity-to-Asset

For the Waste Management subindustry, Partnera 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.


Partnera Oyj's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Partnera Oyj's Equity-to-Asset distribution charts can be found below:

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



Partnera 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.

Partnera Oyj's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=44.882/152.737
=0.29

Partnera Oyj's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=44.983/86.793
=0.52

* 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.


Partnera Oyj  (OHEL:PARTNE1) 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%.


Partnera Oyj Equity-to-Asset Related Terms

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Partnera Oyj (OHEL:PARTNE1) Business Description

Traded in Other Exchanges
Address
Kauppurienkatu 12, Oulu, FIN, 90100
Partnera Oyj is a Finland-based holding company. The company operates through its subsidiaries which are engaged in glass recycling and foam glass manufacturing. Additionally, the firm also finances various projects and invests in growth-oriented companies.

Partnera Oyj (OHEL:PARTNE1) Headlines

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