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Axactor ASA (OSL:ACR) Equity-to-Asset : 0.30 (As of Jun. 2024)


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What is Axactor ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Axactor ASA's Total Stockholders Equity for the quarter that ended in Jun. 2024 was kr4,941 Mil. Axactor ASA's Total Assets for the quarter that ended in Jun. 2024 was kr16,660 Mil. Therefore, Axactor ASA's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.30.

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

OSL:ACR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.3   Max: 0.93
Current: 0.3

During the past 13 years, the highest Equity to Asset Ratio of Axactor ASA was 0.93. The lowest was 0.21. And the median was 0.30.

OSL:ACR's Equity-to-Asset is ranked worse than
56.93% of 548 companies
in the Credit Services industry
Industry Median: 0.38 vs OSL:ACR: 0.30

Axactor ASA Equity-to-Asset Historical Data

The historical data trend for Axactor ASA'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.

Axactor ASA Equity-to-Asset Chart

Axactor ASA 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 0.21 0.22 0.29 0.29 0.30

Axactor ASA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.29 0.29 0.30 0.30 0.30

Competitive Comparison of Axactor ASA's Equity-to-Asset

For the Credit Services subindustry, Axactor ASA'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.


Axactor ASA's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Axactor ASA's Equity-to-Asset distribution charts can be found below:

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



Axactor ASA 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.

Axactor ASA'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
=4983.665/16517.979
=0.30

Axactor ASA's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=4941.006/16659.642
=0.30

* 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.


Axactor ASA  (OSL:ACR) 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%.


Axactor ASA Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Axactor ASA's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Axactor ASA Business Description

Traded in Other Exchanges
Address
Drammensveien 167, Oslo, NOR, NO-0277
Axactor ASA is a debt management company that specializes in purchasing and collecting debt portfolios. It also provides collection services for third-party-owned portfolios. The company operates in two segments: Non-performing loans (NPL) and Third-party collection (3PC). The NPL segment invests in portfolios of non-performing loans, which are presented as 'Purchased loan portfolios' in the consolidated statement of financial position. The 3PC segment focuses on performing debt collection services on behalf of third-party clients. Axactor ASA operates in Finland, Germany, Italy, Norway, Spain, and Sweden. The majority of its revenue comes from interest earned on purchased loan portfolios.