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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fly Play hf's Total Stockholders Equity for the quarter that ended in Jun. 2025 was kr-9,973 Mil. Fly Play hf's Total Assets for the quarter that ended in Jun. 2025 was kr42,142 Mil.
Therefore, Fly Play hf's Equity to Asset Ratio for the quarter that ended in Jun. 2025 was -0.24.
The historical rank and industry rank for Fly Play hf's Equity-to-Asset or its related term are showing as below:
OISE:PLAY's Equity-to-Asset is not ranked *
in the Transportation industry.
Industry Median: 0.5 * Ranked among companies with meaningful Equity-to-Asset only.
Fly Play hf (OISE:PLAY) 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%.
Fly Play hf Equity-to-Asset Related Terms
Fly Play hf Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Fly Play 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.
OISE:PLAY vs DAL, UAL, LUV: Equity-to-Asset Comparison
For the Airlines subindustry, Fly Play 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.
Fly Play hf Equity-to-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Fly Play hf's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Fly Play hf's Equity-to-Asset falls into.
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.
Fly Play hf's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
Fly Play hf (OISE:PLAY) has a Equity-to-Asset of -0.24 as of Jun. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Fly Play hf and its competitors.
Is Fly Play hf's Equity-to-Asset too high?
Fly Play hf's current Equity-to-Asset is -0.24. Overall, Fly Play hf has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Fly Play hf's Equity-to-Asset compare to DAL and UAL?
Fly Play hf's Equity-to-Asset of -0.24 can be compared against companies in the Transportation industry. The industry median Equity-to-Asset is 0.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Fly Play hf and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fly Play hf's current Equity-to-Asset is -0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fly Play hf stock overvalued right now?
Fly Play hf (OISE:PLAY) has a current Equity-to-Asset of -0.24. The current Equity-to-Asset is -0.24. Fly Play hf's overall GF Score™ is 9/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Fly Play hf (OISE:PLAY), the current Equity-to-Asset is -0.24 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Fly Play hf is an Icelandic low-cost airline operating flights between North America and Europe. It operates a fleet of Airbus aircraft, with its main hub at Keflavik International Airport. The airline offers a range of related services, including food and beverages, as well as booking services for its customers.
9GF Score
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