GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ProfilGruppen AB (OSTO:PROF B) » Definitions » Equity-to-Asset

ProfilGruppen AB (OSTO:PROF B) Equity-to-Asset : 0.42 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is ProfilGruppen AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ProfilGruppen AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr627 Mil. ProfilGruppen AB's Total Assets for the quarter that ended in Mar. 2024 was kr1,492 Mil. Therefore, ProfilGruppen AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.42.

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

OSTO:PROF B' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.39   Max: 0.43
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of ProfilGruppen AB was 0.43. The lowest was 0.30. And the median was 0.39.

OSTO:PROF B's Equity-to-Asset is ranked worse than
72.91% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs OSTO:PROF B: 0.42

ProfilGruppen AB Equity-to-Asset Historical Data

The historical data trend for ProfilGruppen 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.

ProfilGruppen AB Equity-to-Asset Chart

ProfilGruppen 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 0.37 0.37 0.37 0.36 0.42

ProfilGruppen 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 0.36 0.37 0.40 0.42 0.42

Competitive Comparison of ProfilGruppen AB's Equity-to-Asset

For the Metal Fabrication subindustry, ProfilGruppen 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.


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

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

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



ProfilGruppen 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.

ProfilGruppen 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
=598.3/1442.3
=0.41

ProfilGruppen 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
=626.5/1492
=0.42

* 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.


ProfilGruppen AB  (OSTO:PROF 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%.


ProfilGruppen AB Equity-to-Asset Related Terms

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


ProfilGruppen AB (OSTO:PROF B) Business Description

Traded in Other Exchanges
N/A
Address
Box 36, Uppvidinge Municipality, Kronoberg County, Aseda, SWE, SE-364 21
ProfilGruppen AB offers aluminium extrusions and processed components. Its industry segments are Transport, Construction, Furnishing, General industry, Electronics, and Wholesalers & others. The company's geographical segments are Sweden, Germany, and other exports with majority of its revenue being generated in Sweden.

ProfilGruppen AB (OSTO:PROF B) Headlines

No Headlines