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Scatec ASA (OSTO:SSOO) Equity-to-Asset : 0.21 (As of Mar. 2024)


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What is Scatec ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Scatec ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr9,170 Mil. Scatec ASA's Total Assets for the quarter that ended in Mar. 2024 was kr43,289 Mil. Therefore, Scatec ASA's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.21.

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

OSTO:SSOo' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.15   Max: 0.33
Current: 0.21

During the past 12 years, the highest Equity to Asset Ratio of Scatec ASA was 0.33. The lowest was 0.02. And the median was 0.15.

OSTO:SSOo's Equity-to-Asset is ranked worse than
82.17% of 443 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs OSTO:SSOo: 0.21

Scatec ASA Equity-to-Asset Historical Data

The historical data trend for Scatec ASA'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.

Scatec ASA Equity-to-Asset Chart

Scatec ASA 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 0.14 0.33 0.28 0.23 0.21

Scatec ASA 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 0.22 0.21 0.20 0.21 0.21

Competitive Comparison of Scatec ASA's Equity-to-Asset

For the Utilities - Renewable subindustry, Scatec ASA'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.


Scatec ASA's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Scatec ASA's Equity-to-Asset distribution charts can be found below:

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



Scatec ASA 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.

Scatec ASA'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
=8687/41795
=0.21

Scatec ASA'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
=9170/43289
=0.21

* 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.


Scatec ASA  (OSTO:SSOo) 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%.


Scatec ASA Equity-to-Asset Related Terms

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


Scatec ASA (OSTO:SSOO) Business Description

Traded in Other Exchanges
Address
Askekroken 11, Oslo, NOR, NO-0277
Scatec ASA is an independent solar power producer, delivering an affordable and sustainable source of clean energy worldwide. The business activity functions through Power Production (PP), Services, and Development and Construction (D&C), and Corporate. The PP segment comprises the Kalkbult and Linde plants in South Africa, the ASYV plant in Rwanda, and four plants in the Czech Republic. Its geographical segments are South Africa, Egypt, Malaysia, Honduras, Jordan, Czech Republic, Mozambique, Ukraine, Netherlands, Rwanda and Others.

Scatec ASA (OSTO:SSOO) Headlines

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