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Move About Group AB (OSTO:MOV) Equity-to-Asset : 0.06 (As of Jun. 2024)


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What is Move About Group AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Move About Group AB's Total Stockholders Equity for the quarter that ended in Jun. 2024 was kr6.04 Mil. Move About Group AB's Total Assets for the quarter that ended in Jun. 2024 was kr96.88 Mil. Therefore, Move About Group AB's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.06.

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

OSTO:MOV' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.11   Med: 0.06   Max: 0.21
Current: 0.06

During the past 4 years, the highest Equity to Asset Ratio of Move About Group AB was 0.21. The lowest was -0.11. And the median was 0.06.

OSTO:MOV's Equity-to-Asset is not ranked
in the Software industry.
Industry Median: 0.55 vs OSTO:MOV: 0.06

Move About Group AB Equity-to-Asset Historical Data

The historical data trend for Move About Group 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.

Move About Group AB Equity-to-Asset Chart

Move About Group AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
- 0.02 -0.11 0.11

Move About Group AB Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.03 - 0.11 0.11 0.06

Competitive Comparison of Move About Group AB's Equity-to-Asset

For the Software - Application subindustry, Move About Group 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.


Move About Group AB's Equity-to-Asset Distribution in the Software Industry

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

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


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Move About Group 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.

Move About Group 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
=13.897/123.413
=0.11

Move About Group AB's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=6.043/96.877
=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.


Move About Group AB  (OSTO:MOV) 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%.


Move About Group AB Equity-to-Asset Related Terms

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Move About Group AB Business Description

Traded in Other Exchanges
N/A
Address
Magasinsgatan 22, Sverige, Goteborg, SWE, 411 18
Move About Group AB offers app-based, environmentally friendly and cost-effective mobility solutions to both private individuals and companies, municipalities and organizations. The company has developed and owns all intellectual property rights to its cloud-based Greentech platform that provides digital access to electric cars, electric bicycles, taxis, subways and parking through one and the same application around the clock.