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Resqunit AB (OSTO:RESQ) Equity-to-Asset : 0.24 (As of Jun. 2023)


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What is Resqunit AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Resqunit AB's Total Stockholders Equity for the quarter that ended in Jun. 2023 was kr2.91 Mil. Resqunit AB's Total Assets for the quarter that ended in Jun. 2023 was kr11.99 Mil. Therefore, Resqunit AB's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.24.

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

OSTO:RESQ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.25   Max: 0.35
Current: 0.24

During the past 2 years, the highest Equity to Asset Ratio of Resqunit AB was 0.35. The lowest was 0.24. And the median was 0.25.

OSTO:RESQ's Equity-to-Asset is ranked worse than
91.13% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs OSTO:RESQ: 0.24

Resqunit AB Equity-to-Asset Historical Data

The historical data trend for Resqunit 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.

Resqunit AB Equity-to-Asset Chart

Resqunit AB Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.55 0.25

Resqunit AB Semi-Annual Data
Jun21 Jun22 Dec22 Jun23
Equity-to-Asset - 0.35 0.25 0.24

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

For the Pollution & Treatment Controls subindustry, Resqunit 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.


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

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

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



Resqunit 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.

Resqunit AB's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=4.088/16.256
=0.25

Resqunit AB's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=2.906/11.988
=0.24

* 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.


Resqunit AB  (OSTO:RESQ) 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%.


Resqunit AB Equity-to-Asset Related Terms

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Resqunit AB (OSTO:RESQ) Business Description

Traded in Other Exchanges
N/A
Address
Grenseveien 21, Sandnes, NOR, 4313
Resqunit AB is an ocean tech company developing innovative equipment to disarm and retrieve lost fishing gear. Through sensor data collection and software, the company aims to increase knowledge about the oceans and increase catch predictability.

Resqunit AB (OSTO:RESQ) Headlines

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