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Norconsult ASA (OSL:NORCO) Equity-to-Asset : 0.33 (As of Dec. 2023)


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What is Norconsult ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Norconsult ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr2,065 Mil. Norconsult ASA's Total Assets for the quarter that ended in Dec. 2023 was kr6,347 Mil. Therefore, Norconsult ASA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.

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

OSL:NORCO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.36   Max: 0.48
Current: 0.33

During the past 5 years, the highest Equity to Asset Ratio of Norconsult ASA was 0.48. The lowest was 0.33. And the median was 0.36.

OSL:NORCO's Equity-to-Asset is ranked worse than
68.72% of 1691 companies
in the Construction industry
Industry Median: 0.45 vs OSL:NORCO: 0.33

Norconsult ASA Equity-to-Asset Historical Data

The historical data trend for Norconsult 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.

Norconsult ASA Equity-to-Asset Chart

Norconsult ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.48 - 0.35 0.36 0.33

Norconsult ASA Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.35 - 0.36 0.36 0.33

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

For the Engineering & Construction subindustry, Norconsult 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.


Norconsult ASA's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Norconsult ASA's Equity-to-Asset distribution charts can be found below:

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



Norconsult 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.

Norconsult 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
=2065/6347
=0.33

Norconsult ASA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2065/6347
=0.33

* 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.


Norconsult ASA  (OSL:NORCO) 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%.


Norconsult ASA Equity-to-Asset Related Terms

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


Norconsult ASA (OSL:NORCO) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Vestfjordgaten 4, Sandvika, NOR, 1338
Norconsult ASA is principally engaged in the provision of planning and consultancy services for all phases of social planning, engineering design and architecture projects. The Group also develops and distributes complete IT solutions for project, building and facility management for infrastructure and property.

Norconsult ASA (OSL:NORCO) Headlines

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