GURUFOCUS.COM » STOCK LIST » Technology » Software » Verve Group SE (OSTO:VER) » Definitions » Equity-to-Asset

Verve Group SE (OSTO:VER) Equity-to-Asset : 0.34 (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Verve Group SE Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Verve Group SE's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr4,518 Mil. Verve Group SE's Total Assets for the quarter that ended in Sep. 2024 was kr13,121 Mil. Therefore, Verve Group SE's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.34.

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

OSTO:VER' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.37   Max: 0.67
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of Verve Group SE was 0.67. The lowest was 0.25. And the median was 0.37.

OSTO:VER's Equity-to-Asset is ranked worse than
73.41% of 2832 companies
in the Software industry
Industry Median: 0.55 vs OSTO:VER: 0.34

Verve Group SE Equity-to-Asset Historical Data

The historical data trend for Verve Group SE'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.

Verve Group SE Equity-to-Asset Chart

Verve Group SE 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 0.31 0.46 0.33 0.31 0.35

Verve Group SE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.37 0.35 0.36 0.38 0.34

Competitive Comparison of Verve Group SE's Equity-to-Asset

For the Software - Application subindustry, Verve Group SE'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.


Verve Group SE's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Verve Group SE's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Verve Group SE's Equity-to-Asset falls into.



Verve Group SE 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.

Verve Group SE'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
=3940.563/11264.657
=0.35

Verve Group SE's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=4517.971/13120.571
=0.34

* 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.


Verve Group SE  (OSTO:VER) 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%.


Verve Group SE Equity-to-Asset Related Terms

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


Verve Group SE Business Description

Traded in Other Exchanges
Address
Stureplan 6, Stockholm, SWE, 114 35
Verve Group SE operates a fast-growing ad-software platform that matches global advertiser demand with publisher ad-supply while improving results through first party data from own games. Verve's main operational presence is in North America and Europe. Through investments in organic growth and innovation, as well as targeted M&A, Verve has built a one-stop shop for programmatic advertising, enabling companies to buy and sell ad space across all digital devices (mobile apps, web, connected TV and digital out of home), with the mission to make advertising better.
Executives
Remco Westermann Chief Executive Officer (CEO)/Managing Director

Verve Group SE Headlines

From GuruFocus

Pensionfund DSM Netherlands Buys VEREIT Inc, Apartment Income REIT Corp

By GuruFocus Research GuruFocus Editor 01-04-2021

VEREIT� Completes One-for-Five Reverse Stock Split

By PRNewswire PRNewswire 12-18-2020