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Infortar AS (STU:X8K) Equity-to-Asset : 0.56 (As of Jun. 2024)


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What is Infortar AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Infortar AS's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €833 Mil. Infortar AS's Total Assets for the quarter that ended in Jun. 2024 was €1,495 Mil. Therefore, Infortar AS's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.56.

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

STU:X8K' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.54   Max: 0.61
Current: 0.56

During the past 4 years, the highest Equity to Asset Ratio of Infortar AS was 0.61. The lowest was 0.44. And the median was 0.54.

STU:X8K's Equity-to-Asset is ranked worse than
79.68% of 1732 companies
in the Asset Management industry
Industry Median: 0.84 vs STU:X8K: 0.56

Infortar AS Equity-to-Asset Historical Data

The historical data trend for Infortar AS'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.

Infortar AS Equity-to-Asset Chart

Infortar AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.54 0.44 0.51 0.56

Infortar AS Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.54 0.56 0.61 0.56

Competitive Comparison of Infortar AS's Equity-to-Asset

For the Asset Management subindustry, Infortar AS'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.


Infortar AS's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Infortar AS's Equity-to-Asset distribution charts can be found below:

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



Infortar AS 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.

Infortar AS'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
=819.376/1460.512
=0.56

Infortar AS's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=832.942/1495.142
=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.


Infortar AS  (STU:X8K) 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%.


Infortar AS Equity-to-Asset Related Terms

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


Infortar AS Business Description

Comparable Companies
Traded in Other Exchanges
Address
Sadama 5, Tallinn, EST, 10111
Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are energy, shipping, real estate, and others. Energy segment consisting of natural gas and electricity trade and sale, natural gas distribution service, sale and bunkering of liquefied natural gas, sale of compressed gas, biomethane production, and solar electricity production, Real estate segment consisting of hotels, office buildings, logistics center, and other real estate object, and Other segment which predominantly includes construction, drug and pharmacy wholesale, building materials, printing, taxicab, and other activities.

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