GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Newbury Pharmaceuticals AB (OSTO:NEWBRY) » Definitions » Equity-to-Asset

Newbury Pharmaceuticals AB (OSTO:NEWBRY) Equity-to-Asset : 0.49 (As of Feb. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Newbury Pharmaceuticals AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Newbury Pharmaceuticals AB's Total Stockholders Equity for the quarter that ended in Feb. 2024 was kr40.78 Mil. Newbury Pharmaceuticals AB's Total Assets for the quarter that ended in Feb. 2024 was kr84.13 Mil. Therefore, Newbury Pharmaceuticals AB's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.49.

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

OSTO:NEWBRY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49   Med: 0.78   Max: 0.9
Current: 0.49

During the past 3 years, the highest Equity to Asset Ratio of Newbury Pharmaceuticals AB was 0.90. The lowest was 0.49. And the median was 0.78.

OSTO:NEWBRY's Equity-to-Asset is ranked worse than
59.89% of 1087 companies
in the Drug Manufacturers industry
Industry Median: 0.58 vs OSTO:NEWBRY: 0.49

Newbury Pharmaceuticals AB Equity-to-Asset Historical Data

The historical data trend for Newbury Pharmaceuticals 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.

Newbury Pharmaceuticals AB Equity-to-Asset Chart

Newbury Pharmaceuticals AB Annual Data
Trend Aug21 Aug22 Aug23
Equity-to-Asset
0.90 0.79 0.68

Newbury Pharmaceuticals AB Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.76 0.72 0.68 0.49 0.49

Competitive Comparison of Newbury Pharmaceuticals AB's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Newbury Pharmaceuticals 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.


Newbury Pharmaceuticals AB's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Newbury Pharmaceuticals AB's Equity-to-Asset distribution charts can be found below:

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



Newbury Pharmaceuticals 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.

Newbury Pharmaceuticals AB's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=49.38/72.918
=0.68

Newbury Pharmaceuticals AB's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=40.779/84.126
=0.48

* 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.


Newbury Pharmaceuticals AB  (OSTO:NEWBRY) 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%.


Newbury Pharmaceuticals AB Equity-to-Asset Related Terms

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


Newbury Pharmaceuticals AB (OSTO:NEWBRY) Business Description

Traded in Other Exchanges
N/A
Address
Scheeletorget 1, Medicon Village, Lund, SWE, 223 81
Newbury Pharmaceuticals AB is a hybrid pharmaceutical company for specialty prescription drugs, innovation and brands with focus on the Scandinavian markets.

Newbury Pharmaceuticals AB (OSTO:NEWBRY) Headlines

No Headlines