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White Pearl Technology Group AB (OSTO:WPTG B) Equity-to-Asset : 0.56 (As of Sep. 2024)


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What is White Pearl Technology Group AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. White Pearl Technology Group AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr98.2 Mil. White Pearl Technology Group AB's Total Assets for the quarter that ended in Sep. 2024 was kr176.7 Mil. Therefore, White Pearl Technology Group AB's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.56.

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

OSTO:WPTG B' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.78   Max: 1
Current: 0.56

During the past 9 years, the highest Equity to Asset Ratio of White Pearl Technology Group AB was 1.00. The lowest was 0.30. And the median was 0.78.

OSTO:WPTG B's Equity-to-Asset is ranked better than
51.91% of 2832 companies
in the Software industry
Industry Median: 0.55 vs OSTO:WPTG B: 0.56

White Pearl Technology Group AB Equity-to-Asset Historical Data

The historical data trend for White Pearl Technology Group 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.

White Pearl Technology Group AB Equity-to-Asset Chart

White Pearl Technology Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.84 0.87 0.87 0.33 0.46

White Pearl Technology Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 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 0.30 - 0.46 0.60 0.56

Competitive Comparison of White Pearl Technology Group AB's Equity-to-Asset

For the Information Technology Services subindustry, White Pearl Technology Group 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.


White Pearl Technology Group AB's Equity-to-Asset Distribution in the Software Industry

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

* The bar in red indicates where White Pearl Technology Group AB's Equity-to-Asset falls into.



White Pearl Technology Group 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.

White Pearl Technology Group 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
=70.97/152.789
=0.46

White Pearl Technology Group AB'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
=98.174/176.705
=0.56

* 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.


White Pearl Technology Group AB  (OSTO:WPTG B) 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%.


White Pearl Technology Group AB Equity-to-Asset Related Terms

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


White Pearl Technology Group AB Business Description

Traded in Other Exchanges
N/A
Address
Nybrogatan 34, Stockholm, SWE, 114 39
White Pearl Technology Group AB is a diversified IT company that offers solutions and products from its own portfolio as well as from third-party vendors. Operating in thirty countries, the group has established a robust presence in various markets. Its primary focus is on emerging markets, including Africa, the Middle East, Asia, and to a lesser extent, Latin America, which offer ample growth opportunities. The company actively supports businesses in these regions by providing technological solutions and services to empower organizations in the digital era.

White Pearl Technology Group AB Headlines

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