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Dug Foodtech AB (OSTO:DUG) Equity-to-Asset : 0.70 (As of Mar. 2024)


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What is Dug Foodtech AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dug Foodtech AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr37.96 Mil. Dug Foodtech AB's Total Assets for the quarter that ended in Mar. 2024 was kr54.52 Mil. Therefore, Dug Foodtech AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.70.

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

OSTO:DUG' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.01   Med: 0.54   Max: 0.97
Current: 0.7

During the past 7 years, the highest Equity to Asset Ratio of Dug Foodtech AB was 0.97. The lowest was -1.01. And the median was 0.54.

OSTO:DUG's Equity-to-Asset is ranked better than
73.19% of 1947 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs OSTO:DUG: 0.70

Dug Foodtech AB Equity-to-Asset Historical Data

The historical data trend for Dug Foodtech 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.

Dug Foodtech AB Equity-to-Asset Chart

Dug Foodtech AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.94 -0.20 0.70 0.75 0.35

Dug Foodtech AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.35 -0.29 -1.01 -0.16 0.70

Competitive Comparison of Dug Foodtech AB's Equity-to-Asset

For the Packaged Foods subindustry, Dug Foodtech 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.


Dug Foodtech AB's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dug Foodtech AB's Equity-to-Asset distribution charts can be found below:

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



Dug Foodtech 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.

Dug Foodtech 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
=6.37/18.071
=0.35

Dug Foodtech 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
=37.957/54.517
=0.70

* 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.


Dug Foodtech AB  (OSTO:DUG) 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%.


Dug Foodtech AB Equity-to-Asset Related Terms

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Dug Foodtech AB Business Description

Traded in Other Exchanges
N/A
Address
Scheelevagen 22, Lund, SWE, SE-223 63
Veg of Lund AB is plant-based goodness from Swedish food innovation. The company develops unique plant-based foods. The company owns patented methods for developing new food categories for plant-based foods. Its products are sold in Europe and Asia under the DUG brand.

Dug Foodtech AB Headlines