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PowerCell Sweden AB (OSTO:PCELL) Equity-to-Asset : 0.59 (As of Mar. 2024)


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What is PowerCell Sweden AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PowerCell Sweden AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr251.8 Mil. PowerCell Sweden AB's Total Assets for the quarter that ended in Mar. 2024 was kr427.5 Mil. Therefore, PowerCell Sweden AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

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

OSTO:PCELL' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.07   Med: 0.65   Max: 0.83
Current: 0.59

During the past 12 years, the highest Equity to Asset Ratio of PowerCell Sweden AB was 0.83. The lowest was -0.07. And the median was 0.65.

OSTO:PCELL's Equity-to-Asset is ranked better than
56.05% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs OSTO:PCELL: 0.59

PowerCell Sweden AB Equity-to-Asset Historical Data

The historical data trend for PowerCell Sweden 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.

PowerCell Sweden AB Equity-to-Asset Chart

PowerCell Sweden AB 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 0.83 0.81 0.74 0.70 0.65

PowerCell Sweden AB 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 0.65 0.56 0.61 0.65 0.59

Competitive Comparison of PowerCell Sweden AB's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, PowerCell Sweden 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.


PowerCell Sweden AB's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PowerCell Sweden AB's Equity-to-Asset distribution charts can be found below:

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



PowerCell Sweden 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.

PowerCell Sweden 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
=275.434/425.114
=0.65

PowerCell Sweden AB'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
=251.811/427.476
=0.59

* 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.


PowerCell Sweden AB  (OSTO:PCELL) 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%.


PowerCell Sweden AB Equity-to-Asset Related Terms

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PowerCell Sweden AB (OSTO:PCELL) Business Description

Traded in Other Exchanges
Address
Ruskvadersgatan 12, Gothenburg, SWE, SE-418 34
PowerCell Sweden AB is a Sweden-based company active in the field of clean energy. It develops, manufactures, and produces environment-friendly electrical power systems for stationary, marine, off-road, and on-road segments. The company has developed a system of fuel cell platforms that are powered by pure or reformed hydrogen gas and generate electricity and heat without releasing any emissions other than water. Its technology combines high efficiency with a compact format and contributes to increased energy efficiency as well as a significant reduction in emissions of carbon dioxide and harmful particles regardless of application.

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