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Nova Klubburinn hf (OISE:NOVA) Equity-to-Asset : 0.41 (As of Dec. 2024)


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What is Nova Klubburinn hf Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nova Klubburinn hf's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr9,664 Mil. Nova Klubburinn hf's Total Assets for the quarter that ended in Dec. 2024 was kr23,818 Mil. Therefore, Nova Klubburinn hf's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.41.

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

OISE:NOVA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.4   Max: 0.48
Current: 0.41

During the past 6 years, the highest Equity to Asset Ratio of Nova Klubburinn hf was 0.48. The lowest was 0.21. And the median was 0.40.

OISE:NOVA's Equity-to-Asset is ranked better than
53.17% of 378 companies
in the Telecommunication Services industry
Industry Median: 0.39 vs OISE:NOVA: 0.41

Nova Klubburinn hf Equity-to-Asset Historical Data

The historical data trend for Nova Klubburinn hf'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.

Nova Klubburinn hf Equity-to-Asset Chart

Nova Klubburinn hf Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial 0.48 0.21 0.40 0.40 0.41

Nova Klubburinn hf Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.40 0.40 0.40 0.40 0.41

Competitive Comparison of Nova Klubburinn hf's Equity-to-Asset

For the Telecom Services subindustry, Nova Klubburinn hf'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.


Nova Klubburinn hf's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Nova Klubburinn hf's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nova Klubburinn hf's Equity-to-Asset falls into.



Nova Klubburinn hf 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.

Nova Klubburinn hf'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
=9663.659/23817.869
=0.41

Nova Klubburinn hf'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
=9663.659/23817.869
=0.41

* 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.


Nova Klubburinn hf  (OISE:NOVA) 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%.


Nova Klubburinn hf Equity-to-Asset Related Terms

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Nova Klubburinn hf Business Description

Traded in Other Exchanges
N/A
Address
Lagmuli 9, Reykjavik, ISL, 108
Nova Klubburinn hf a full-service telecommunications company operating in Iceland. Nova's customers are individuals and small and medium sized corporations. It operates through three key business areas: mobile network, Fixed network and Goods sold and Others.