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AAC Clyde Space AB (OSTO:AAC) Equity-to-Asset : 0.71 (As of Dec. 2023)


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What is AAC Clyde Space AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AAC Clyde Space AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr663.6 Mil. AAC Clyde Space AB's Total Assets for the quarter that ended in Dec. 2023 was kr938.4 Mil. Therefore, AAC Clyde Space AB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

The historical rank and industry rank for AAC Clyde Space AB's Equity-to-Asset or its related term are showing as below:

OSTO:AAC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.1   Med: 0.74   Max: 0.91
Current: 0.71

During the past 10 years, the highest Equity to Asset Ratio of AAC Clyde Space AB was 0.91. The lowest was -0.10. And the median was 0.74.

OSTO:AAC's Equity-to-Asset is ranked better than
80.57% of 314 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs OSTO:AAC: 0.71

AAC Clyde Space AB Equity-to-Asset Historical Data

The historical data trend for AAC Clyde Space AB'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.

AAC Clyde Space AB Equity-to-Asset Chart

AAC Clyde Space AB 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 0.86 0.88 0.78 0.75 0.71

AAC Clyde Space AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.75 0.73 0.73 0.75 0.71

Competitive Comparison of AAC Clyde Space AB's Equity-to-Asset

For the Aerospace & Defense subindustry, AAC Clyde Space AB'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.


AAC Clyde Space AB's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AAC Clyde Space AB's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where AAC Clyde Space AB's Equity-to-Asset falls into.



AAC Clyde Space AB 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.

AAC Clyde Space AB'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
=663.565/938.37
=0.71

AAC Clyde Space AB'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
=663.565/938.37
=0.71

* 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.


AAC Clyde Space AB  (OSTO:AAC) 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%.


AAC Clyde Space AB Equity-to-Asset Related Terms

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AAC Clyde Space AB (OSTO:AAC) Business Description

Traded in Other Exchanges
Address
Dag Hammarskjolds vag 48, Uppsala Science Park, Uppsala, SWE, SE-751 83
AAC Clyde Space AB is engaged in advanced nanosatellite spacecraft, mission services, and reliable subsystems. The group has six reportable segments: AAC Clyde Space (Swedish operation); Clyde Space (Scottish operation); Hyperion Space (Netherland operation); SpaceQuest, operations in the US; Omnisys Instruments, operations in Gothenburg, Sweden; and AAC Space Africa, operations in South Africa. Its geographical segments are Sweden, the United Kingdom, the Rest of Europe, the United States, Asia, and the Rest of the world.