Cortus Energy AB (OSTO:CE) Equity-to-Asset: -0.05 (As of Dec. 2024)

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OSTO:CE Cortus Energy AB OSTO:CE
8 GF Score
Price kr0.18
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What is Cortus Energy AB Equity-to-Asset?

Cortus Energy AB OSTO:CE 8 Equity-to-Asset is -0.05 as of Dec. 2024. GuruFocus rates OSTO:CE with a GF Score™ of 8/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cortus Energy AB's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr-3.66 Mil. Cortus Energy AB's Total Assets for the quarter that ended in Dec. 2024 was kr79.39 Mil. Therefore, Cortus Energy AB's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was -0.05.

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

OSTO:CE's Equity-to-Asset is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 0.41
* Ranked among companies with meaningful Equity-to-Asset only.

Cortus Energy AB  (OSTO:CE) 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%.


Cortus Energy AB Equity-to-Asset Related Terms


Cortus Energy AB Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Cortus Energy 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.

Cortus Energy AB Equity-to-Asset Chart

Cortus Energy AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.69 0.43 -0.21 -0.05

Cortus Energy AB Quarterly Data
Mar20 Jun20 Sep20 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 Premium Member Only -0.21 -0.42 0.05 -0.14 -0.05

OSTO:CE vs CEG: Equity-to-Asset Comparison

For the Utilities - Renewable subindustry, Cortus Energy 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.


Cortus Energy AB Equity-to-Asset vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cortus Energy AB's Equity-to-Asset distribution charts can be found below:

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


OSTO:CE
8GF Score
Cortus Energy AB OSTO:CE
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Cortus Energy 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.

Cortus Energy AB'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
=-3.658/79.39
=-0.05

Cortus Energy AB'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
=-3.658/79.39
=-0.05

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -0.05 mean?
Cortus Energy AB (OSTO:CE) has a Equity-to-Asset of -0.05 as of Dec. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Cortus Energy AB and its competitors.
Is Cortus Energy AB's Equity-to-Asset too high?
Cortus Energy AB's current Equity-to-Asset is -0.05. Overall, Cortus Energy AB has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Cortus Energy AB's Equity-to-Asset compare to CEG?
Cortus Energy AB's Equity-to-Asset of -0.05 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Equity-to-Asset is 0.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 454 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Cortus Energy AB and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cortus Energy AB's current Equity-to-Asset is -0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cortus Energy AB stock overvalued right now?
Cortus Energy AB (OSTO:CE) has a current Equity-to-Asset of -0.05. The current Equity-to-Asset is -0.05. Cortus Energy AB's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Cortus Energy AB (OSTO:CE), the current Equity-to-Asset is -0.05 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cortus Energy AB Business Description

Address Isafjordsgatan 30C, 7th floor, Kista, SWE, 164 40
Cortus Energy AB provides cost-effective and renewable energy gas. It offers energy gas for power, industrial and transport applications.
8GF Score

Get the complete analysis for OSTO:CE

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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