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Q-Free ASA (Q-Free ASA) Equity-to-Asset : 0.49 (As of Sep. 2023)


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What is Q-Free ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Q-Free ASA's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $50.8 Mil. Q-Free ASA's Total Assets for the quarter that ended in Sep. 2023 was $102.7 Mil. Therefore, Q-Free ASA's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.49.

The historical rank and industry rank for Q-Free ASA's Equity-to-Asset or its related term are showing as below:

QFREF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.44   Max: 0.59
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of Q-Free ASA was 0.59. The lowest was 0.36. And the median was 0.44.

QFREF's Equity-to-Asset is not ranked
in the Construction industry.
Industry Median: 0.44 vs QFREF: 0.49

Q-Free ASA Equity-to-Asset Historical Data

The historical data trend for Q-Free ASA'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.

Q-Free ASA Equity-to-Asset Chart

Q-Free ASA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.41 0.37 0.47 0.46

Q-Free ASA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.50 0.46 0.49 0.50 0.49

Competitive Comparison of Q-Free ASA's Equity-to-Asset

For the Infrastructure Operations subindustry, Q-Free ASA'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.


Q-Free ASA's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Q-Free ASA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Q-Free ASA's Equity-to-Asset falls into.



Q-Free ASA 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.

Q-Free ASA'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
=49.901/109.649
=0.46

Q-Free ASA's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=50.78/102.727
=0.49

* 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.


Q-Free ASA  (OTCPK:QFREF) 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%.


Q-Free ASA Equity-to-Asset Related Terms

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


Q-Free ASA (Q-Free ASA) Business Description

Traded in Other Exchanges
N/A
Address
Strindfjordvegen 1, Ranheim, NOR, 7053
Q-Free ASA is engaged in the business of supplying products and solutions within Road User Charging (RUC) and Advanced Transportation Management Systems (ATMs). The company has three segments, namely Tolling, Traffic Management, and Assets held for sale. The majority of its revenue comes from the Tolling segment. Its Tolling solutions include Electronic Multi-Lane Free-Flow Toll Collection, Congestion Charging & Low-Emission Zones, Road User Charging, Enforcement, and Truck & Ferry Tolling. Its geographical segments are Europe, APMEA (Asia Pacific/Middle East/Africa), and the Americas.

Q-Free ASA (Q-Free ASA) Headlines

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