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DevPort AB (OSTO:DEVP B) Equity-to-Asset : 0.45 (As of Mar. 2024)


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What is DevPort AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DevPort AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr135.9 Mil. DevPort AB's Total Assets for the quarter that ended in Mar. 2024 was kr302.9 Mil. Therefore, DevPort AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.45.

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

OSTO:DEVP B' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.37   Max: 0.49
Current: 0.45

During the past 10 years, the highest Equity to Asset Ratio of DevPort AB was 0.49. The lowest was 0.18. And the median was 0.37.

OSTO:DEVP B's Equity-to-Asset is ranked worse than
62.11% of 2845 companies
in the Software industry
Industry Median: 0.55 vs OSTO:DEVP B: 0.45

DevPort AB Equity-to-Asset Historical Data

The historical data trend for DevPort 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.

DevPort AB Equity-to-Asset Chart

DevPort 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 0.24 0.31 0.36 0.40 0.45

DevPort 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 0.42 0.40 0.45 0.45 0.45

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

For the Software - Application subindustry, DevPort 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.


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

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

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



DevPort 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.

DevPort 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
=127.627/283.44
=0.45

DevPort 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
=135.851/302.91
=0.45

* 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.


DevPort AB  (OSTO:DEVP B) 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%.


DevPort AB Equity-to-Asset Related Terms

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


DevPort AB (OSTO:DEVP B) Business Description

Traded in Other Exchanges
N/A
Address
Theres Svenssons gata 10, Gothenburg, SWE, 417 55
DevPort AB is a Sweden based software development company. The company develops systems, mechanics, software and electronics for the industry sector and other customers with similar needs like automotive, medical and defense area.

DevPort AB (OSTO:DEVP B) Headlines

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