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Alleima AB (Alleima AB) Equity-to-Asset : 0.69 (As of Mar. 2024)


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What is Alleima AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alleima AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,536 Mil. Alleima AB's Total Assets for the quarter that ended in Mar. 2024 was $2,227 Mil. Therefore, Alleima AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.69.

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

SAMHF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.68   Max: 0.69
Current: 0.69

During the past 5 years, the highest Equity to Asset Ratio of Alleima AB was 0.69. The lowest was 0.47. And the median was 0.68.

SAMHF's Equity-to-Asset is ranked better than
74.01% of 631 companies
in the Steel industry
Industry Median: 0.53 vs SAMHF: 0.69

Alleima AB Equity-to-Asset Historical Data

The historical data trend for Alleima 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.

Alleima AB Equity-to-Asset Chart

Alleima AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.47 0.62 0.59 0.68 0.68

Alleima AB Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.68 0.68 0.69 0.68 0.69

Competitive Comparison of Alleima AB's Equity-to-Asset

For the Steel subindustry, Alleima 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.


Alleima AB's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Alleima AB's Equity-to-Asset distribution charts can be found below:

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



Alleima 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.

Alleima 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
=1533.692/2241.85
=0.68

Alleima 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
=1536.408/2227.484
=0.69

* 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.


Alleima AB  (OTCPK:SAMHF) 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%.


Alleima AB Equity-to-Asset Related Terms

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Alleima AB (Alleima AB) Business Description

Traded in Other Exchanges
Address
Storgatan 2, Sandviken, SWE, SE-811 81
Alleima AB is a developer, manufacturer, and supplier of high-value-added products in advanced stainless steels and special alloys as well as products for industrial heating. The company's products are sold in approximately 90 countries across the globe. The company's offering includes products like seamless steel tubes for the energy, chemical, and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes.

Alleima AB (Alleima AB) Headlines