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Odfjell Technology (OSL:OTL) Equity-to-Asset : 0.33 (As of Dec. 2024)


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What is Odfjell Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Odfjell Technology's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr1,375 Mil. Odfjell Technology's Total Assets for the quarter that ended in Dec. 2024 was kr4,177 Mil. Therefore, Odfjell Technology's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.33.

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

OSL:OTL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.76   Max: 0.82
Current: 0.33

During the past 7 years, the highest Equity to Asset Ratio of Odfjell Technology was 0.82. The lowest was 0.25. And the median was 0.76.

OSL:OTL's Equity-to-Asset is ranked worse than
70.98% of 1058 companies
in the Oil & Gas industry
Industry Median: 0.51 vs OSL:OTL: 0.33

Odfjell Technology Equity-to-Asset Historical Data

The historical data trend for Odfjell Technology'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.

Odfjell Technology Equity-to-Asset Chart

Odfjell Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial 0.80 0.76 0.25 0.29 0.33

Odfjell Technology Quarterly Data
Dec18 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 Premium Member Only 0.29 0.32 0.32 0.32 0.33

Competitive Comparison of Odfjell Technology's Equity-to-Asset

For the Oil & Gas Drilling subindustry, Odfjell Technology'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.


Odfjell Technology's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Odfjell Technology's Equity-to-Asset distribution charts can be found below:

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


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Odfjell Technology 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.

Odfjell Technology'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
=1375.1/4176.9
=0.33

Odfjell Technology'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
=1375.1/4176.9
=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.


Odfjell Technology  (OSL:OTL) 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%.


Odfjell Technology Equity-to-Asset Related Terms

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


Odfjell Technology Business Description

Traded in Other Exchanges
Address
Prime View, Prime Four Business Park, Lower Ground Floor, Kingswells, Aberdeen, GBR, AB15 8PU
Odfjell Technology Ltd is a well services, drilling operations, engineering, and sustainable energy solutions provider, offering engineering services, well services, and drilling operation services to both onshore and offshore drilling operations, with an offshore focus.

Odfjell Technology Headlines

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