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Jetpak Top Holding AB (publ) (OSTO:JETPAK) Equity-to-Asset : 0.65 (As of Mar. 2024)


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What is Jetpak Top Holding AB (publ) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jetpak Top Holding AB (publ)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr883 Mil. Jetpak Top Holding AB (publ)'s Total Assets for the quarter that ended in Mar. 2024 was kr1,350 Mil. Therefore, Jetpak Top Holding AB (publ)'s Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.65.

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

OSTO:JETPAK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.6   Max: 0.66
Current: 0.65

During the past 9 years, the highest Equity to Asset Ratio of Jetpak Top Holding AB (publ) was 0.66. The lowest was 0.32. And the median was 0.60.

OSTO:JETPAK's Equity-to-Asset is ranked better than
76% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs OSTO:JETPAK: 0.65

Jetpak Top Holding AB (publ) Equity-to-Asset Historical Data

The historical data trend for Jetpak Top Holding 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.

Jetpak Top Holding AB (publ) Equity-to-Asset Chart

Jetpak Top Holding AB (publ) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.62 0.57 0.60 0.64 0.65

Jetpak Top Holding AB (publ) 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 0.66 0.66 0.65 0.65 0.65

Competitive Comparison of Jetpak Top Holding AB (publ)'s Equity-to-Asset

For the Integrated Freight & Logistics subindustry, Jetpak Top Holding 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.


Jetpak Top Holding AB (publ)'s Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jetpak Top Holding AB (publ)'s Equity-to-Asset distribution charts can be found below:

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



Jetpak Top Holding 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.

Jetpak Top Holding 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
=860.056/1321.597
=0.65

Jetpak Top Holding AB (publ)'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
=882.579/1350.01
=0.65

* 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.


Jetpak Top Holding AB (publ)  (OSTO:JETPAK) 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%.


Jetpak Top Holding AB (publ) Equity-to-Asset Related Terms

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Jetpak Top Holding AB (publ) (OSTO:JETPAK) Business Description

Traded in Other Exchanges
N/A
Address
Tornvägen 17 A, Stockholm, SWE, 19060
Jetpak Top Holding AB (publ) is a provider of express logistics services. The company is engaged in time-critical logistics. Its operations are divided into Express Air and Express Road segment. The Express segment consists of the air-based courier/logistics services. The Express Road segment consists of the fully ground-based courier/logistics services;. Services offered by the company include courier express, jetpack direct, jetpack nextday, courier logistics, customer specific and linehaul. It provides express logistics services mainly in the Nordic region (Sweden, Norway, Denmark and Finland) it is also present in the Baltics, Benelux, UK and Poland.

Jetpak Top Holding AB (publ) (OSTO:JETPAK) Headlines

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