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Duearity AB (OSTO:DEAR) Equity-to-Asset : -0.16 (As of Dec. 2023)


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What is Duearity AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Duearity AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr-2.39 Mil. Duearity AB's Total Assets for the quarter that ended in Dec. 2023 was kr15.14 Mil. Therefore, Duearity AB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.16.

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

OSTO:DEAR' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.16   Med: 0.59   Max: 0.87
Current: -0.16

During the past 4 years, the highest Equity to Asset Ratio of Duearity AB was 0.87. The lowest was -0.16. And the median was 0.59.

OSTO:DEAR's Equity-to-Asset is ranked worse than
93.1% of 870 companies
in the Medical Devices & Instruments industry
Industry Median: 0.65 vs OSTO:DEAR: -0.16

Duearity AB Equity-to-Asset Historical Data

The historical data trend for Duearity 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.

Duearity AB Equity-to-Asset Chart

Duearity AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.87 0.69 0.50 -0.16

Duearity AB Quarterly Data
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 0.50 0.72 0.39 -0.55 -0.16

Competitive Comparison of Duearity AB's Equity-to-Asset

For the Medical Devices subindustry, Duearity 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.


Duearity AB's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Duearity AB's Equity-to-Asset distribution charts can be found below:

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



Duearity 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.

Duearity 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
=-2.386/15.144
=-0.16

Duearity 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
=-2.386/15.144
=-0.16

* 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.


Duearity AB  (OSTO:DEAR) 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%.


Duearity AB Equity-to-Asset Related Terms

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


Duearity AB (OSTO:DEAR) Business Description

Traded in Other Exchanges
Address
Krusegrand 42D, Malmo, SWE, 212 25
Duearity AB is a medical technology company. It develops smallest and flexible products and services for tinnitus under the Tinearity brand.

Duearity AB (OSTO:DEAR) Headlines