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Tobii Dynavox AB (OSTO:TDVOX) Equity-to-Asset : 0.20 (As of Mar. 2024)


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What is Tobii Dynavox AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tobii Dynavox AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr333 Mil. Tobii Dynavox AB's Total Assets for the quarter that ended in Mar. 2024 was kr1,693 Mil. Therefore, Tobii Dynavox AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.20.

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

OSTO:TDVOX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.14   Max: 0.2
Current: 0.2

During the past 5 years, the highest Equity to Asset Ratio of Tobii Dynavox AB was 0.20. The lowest was 0.04. And the median was 0.14.

OSTO:TDVOX's Equity-to-Asset is ranked worse than
87.88% of 866 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs OSTO:TDVOX: 0.20

Tobii Dynavox AB Equity-to-Asset Historical Data

The historical data trend for Tobii Dynavox 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.

Tobii Dynavox AB Equity-to-Asset Chart

Tobii Dynavox AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.04 0.04 0.12 0.16 0.18

Tobii Dynavox AB Quarterly Data
Dec19 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 0.17 0.18 0.16 0.18 0.20

Competitive Comparison of Tobii Dynavox AB's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Tobii Dynavox 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.


Tobii Dynavox AB's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tobii Dynavox AB's Equity-to-Asset distribution charts can be found below:

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



Tobii Dynavox 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.

Tobii Dynavox 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
=297.8/1689.7
=0.18

Tobii Dynavox 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
=333/1693
=0.20

* 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.


Tobii Dynavox AB  (OSTO:TDVOX) 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%.


Tobii Dynavox AB Equity-to-Asset Related Terms

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Tobii Dynavox AB (OSTO:TDVOX) Business Description

Traded in Other Exchanges
Address
Karlsrovagen 2D, Danderyd, SWE, S-182 53
Tobii Dynavox AB is engaged in the assistive technology for communication. The company's custom designed solutions enable people with disabilities such as cerebral palsy, ALS and spinal cord injury to communicate with a voice of their own, develop literacy skills and live more independently. Tobii integrated solutions include hardware, software, clinically developed language systems, special education tools, training, and dedicated support.

Tobii Dynavox AB (OSTO:TDVOX) Headlines

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