White Pearl Technology Group AB (OSTO:WPTG B) Equity-to-Asset : 0.30 (As of Jun. 2023)

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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 Jun. 2023 was kr59.18 Mil. White Pearl Technology Group AB's Total Assets for the quarter that ended in Jun. 2023 was kr196.19 Mil.

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: 0.16 Med: 0.79 Max: 1
Current: 0.3

During the past 8 years, the highest Equity to Asset Ratio of White Pearl Technology Group AB was 1.00. The lowest was 0.16. And the median was 0.79.

OSTO:WPTG B's Equity-to-Asset is ranked worse than
76.73% of 2853 companies
in the Software industry
Industry Median: 0.55 vs OSTO:WPTG B: 0.30

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

Equity-to-Asset

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0.77

0.84

0.87

0.16

White Pearl Technology Group AB Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial															0.81	0.79	0.36	0.16	0.30

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. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	1.812	/	11.634
	=	0.16

White Pearl Technology Group AB's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	59.175	/	196.188
	=

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 (OSTO:WPTG B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » White Pearl Technology Group AB (OSTO:WPTG B) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsgatan 29, Stockholm, SWE, 11156

Website

https://www.whitepearltech.com

White Pearl Technology Group AB is operating as a diversified IT company that not only sells its cutting-edge solutions and products but also offers a wide range of services and products from third-party vendors. With a strong global presence spanning 30 countries, the group has established itself as a key player in various markets around the world. The group's primary focus is on emerging markets, specifically Africa, the Middle East, Asia, and to a lesser extent, Latin America. These regions present significant growth opportunities, and the group is actively involved in catering to the technological needs of businesses operating in these markets. By providing innovative solutions and services, the group aims to empower organizations in these regions to thrive in the digital era.

White Pearl Technology Group AB (OSTO:WPTG B) Headlines

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