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Nordic Asia Investment Group 1987 AB (OSTO:NAIG B) Equity-to-Asset : 0.99 (As of Dec. 2024)


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What is Nordic Asia Investment Group 1987 AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nordic Asia Investment Group 1987 AB's Total Stockholders Equity for the quarter that ended in Dec. 2024 was kr119.78 Mil. Nordic Asia Investment Group 1987 AB's Total Assets for the quarter that ended in Dec. 2024 was kr120.93 Mil. Therefore, Nordic Asia Investment Group 1987 AB's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.99.

The historical rank and industry rank for Nordic Asia Investment Group 1987 AB's Equity-to-Asset or its related term are showing as below:

OSTO:NAIG B' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.98   Med: 0.99   Max: 1
Current: 0.99

During the past 5 years, the highest Equity to Asset Ratio of Nordic Asia Investment Group 1987 AB was 1.00. The lowest was 0.98. And the median was 0.99.

OSTO:NAIG B's Equity-to-Asset is ranked better than
90.55% of 1683 companies
in the Asset Management industry
Industry Median: 0.84 vs OSTO:NAIG B: 0.99

Nordic Asia Investment Group 1987 AB Equity-to-Asset Historical Data

The historical data trend for Nordic Asia Investment Group 1987 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.

Nordic Asia Investment Group 1987 AB Equity-to-Asset Chart

Nordic Asia Investment Group 1987 AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
0.99 0.98 1.00 0.99 0.99

Nordic Asia Investment Group 1987 AB Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.99 0.99 0.99 1.00 0.99

Competitive Comparison of Nordic Asia Investment Group 1987 AB's Equity-to-Asset

For the Asset Management subindustry, Nordic Asia Investment Group 1987 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.


Nordic Asia Investment Group 1987 AB's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nordic Asia Investment Group 1987 AB's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nordic Asia Investment Group 1987 AB's Equity-to-Asset falls into.


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Nordic Asia Investment Group 1987 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.

Nordic Asia Investment Group 1987 AB's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=119.778/120.93
=0.99

Nordic Asia Investment Group 1987 AB's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=119.778/120.93
=0.99

* 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.


Nordic Asia Investment Group 1987 AB  (OSTO:NAIG 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%.


Nordic Asia Investment Group 1987 AB Equity-to-Asset Related Terms

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Nordic Asia Investment Group 1987 AB Business Description

Traded in Other Exchanges
N/A
Address
Nybrogatan 11 6tr, Stockholm, SWE, 114 39
Nordic Asia Investment Group 1987 AB is an investment company with a focus on long-term and strategic shareholding in market Chinese companies with exposure to the domestic consumer market in China.

Nordic Asia Investment Group 1987 AB Headlines

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