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First Hotels AB (publ) (OSTO:HOTEL) Equity-to-Asset : 0.06 (As of Dec. 2023)


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What is First Hotels AB (publ) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Hotels AB (publ)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr22.33 Mil. First Hotels AB (publ)'s Total Assets for the quarter that ended in Dec. 2023 was kr348.87 Mil. Therefore, First Hotels AB (publ)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.06.

The historical rank and industry rank for First Hotels AB (publ)'s Equity-to-Asset or its related term are showing as below:

OSTO:HOTEL' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.54   Med: -0.07   Max: 0.84
Current: 0.06

During the past 13 years, the highest Equity to Asset Ratio of First Hotels AB (publ) was 0.84. The lowest was -1.54. And the median was -0.07.

OSTO:HOTEL's Equity-to-Asset is ranked worse than
88.1% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs OSTO:HOTEL: 0.06

First Hotels AB (publ) Equity-to-Asset Historical Data

The historical data trend for First Hotels AB (publ)'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.

First Hotels AB (publ) Equity-to-Asset Chart

First Hotels AB (publ) 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 0.70 -0.20 -1.54 -1.41 0.06

First Hotels AB (publ) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -1.54 -1.65 -1.41 -1.60 0.06

Competitive Comparison of First Hotels AB (publ)'s Equity-to-Asset

For the Lodging subindustry, First Hotels AB (publ)'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.


First Hotels AB (publ)'s Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, First Hotels AB (publ)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where First Hotels AB (publ)'s Equity-to-Asset falls into.



First Hotels AB (publ) 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.

First Hotels AB (publ)'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
=22.329/348.872
=0.06

First Hotels AB (publ)'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
=22.329/348.872
=0.06

* 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.


First Hotels AB (publ)  (OSTO:HOTEL) 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%.


First Hotels AB (publ) Equity-to-Asset Related Terms

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


First Hotels AB (publ) (OSTO:HOTEL) Business Description

Traded in Other Exchanges
Address
Grev Turegatan 21, Stockholm, SWE, SE-114 38
Reato Group AB provides franchise rights and marketing services to hotels affiliated with the 'First Hotels' chain. It is engaged in the hospitality sector. Further, focused on European Hotel Franchises, Hotel Properties in Scandinavia and Hospitality technology companies.

First Hotels AB (publ) (OSTO:HOTEL) Headlines

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