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CAG Group AB (OSTO:CAG) Equity-to-Asset : 0.53 (As of Mar. 2024)


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What is CAG Group AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CAG Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr314.0 Mil. CAG Group AB's Total Assets for the quarter that ended in Mar. 2024 was kr597.7 Mil. Therefore, CAG Group AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.53.

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

OSTO:CAG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.51   Max: 0.54
Current: 0.53

During the past 8 years, the highest Equity to Asset Ratio of CAG Group AB was 0.54. The lowest was 0.32. And the median was 0.51.

OSTO:CAG's Equity-to-Asset is ranked worse than
51.3% of 2852 companies
in the Software industry
Industry Median: 0.55 vs OSTO:CAG: 0.53

CAG Group AB Equity-to-Asset Historical Data

The historical data trend for CAG Group 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.

CAG Group AB Equity-to-Asset Chart

CAG Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.54 0.53 0.52 0.47 0.51

CAG Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.49 0.49 0.51 0.51 0.53

Competitive Comparison of CAG Group AB's Equity-to-Asset

For the Information Technology Services subindustry, CAG Group 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.


CAG Group AB's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, CAG Group AB's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CAG Group AB's Equity-to-Asset falls into.



CAG Group 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.

CAG Group 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
=298.921/587.666
=0.51

CAG Group AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=314.041/597.699
=0.53

* 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.


CAG Group AB  (OSTO:CAG) 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%.


CAG Group AB Equity-to-Asset Related Terms

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


CAG Group AB (OSTO:CAG) Business Description

Traded in Other Exchanges
N/A
Address
Kungsgatan 37, Box 22564, Stockholm, SWE, 104 22
CAG Group AB is an information technology consulting company. The company's services include information technology managment, system development, operations and training.

CAG Group AB (OSTO:CAG) Headlines

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