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Skanska AB (XPRA:SKAB) Equity-to-Asset : 0.36 (As of Sep. 2024)


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What is Skanska AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Skanska AB's Total Stockholders Equity for the quarter that ended in Sep. 2024 was Kč128,108 Mil. Skanska AB's Total Assets for the quarter that ended in Sep. 2024 was Kč357,856 Mil. Therefore, Skanska AB's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.36.

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

XPRA:SKAB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.26   Max: 0.37
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Skanska AB was 0.37. The lowest was 0.21. And the median was 0.26.

XPRA:SKAB's Equity-to-Asset is ranked worse than
64.75% of 1736 companies
in the Construction industry
Industry Median: 0.45 vs XPRA:SKAB: 0.36

Skanska AB Equity-to-Asset Historical Data

The historical data trend for Skanska 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.

Skanska AB Equity-to-Asset Chart

Skanska AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.31 0.33 0.36 0.36

Skanska AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.37 0.36 0.35 0.36 0.36

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

For the Engineering & Construction subindustry, Skanska 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.


Skanska AB's Equity-to-Asset Distribution in the Construction Industry

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

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



Skanska 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.

Skanska 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
=122964.704/339538.976
=0.36

Skanska 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
=128107.568/357855.934
=0.36

* 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.


Skanska AB  (XPRA:SKAB) 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%.


Skanska AB Equity-to-Asset Related Terms

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Skanska AB Business Description

Address
Warfvinges vag 25, Stockholm, SWE, 112 74
Skanska AB is one of the world's construction and project development companies. It develops properties and structures in the Nordic region, North America, and elsewhere. The company uses its skills and expertise to develop highways, bridges, mass transit, houses, and logistic centers. Skanska operates in business segments: construction (the majority of total revenue), residential development, Investment Properties, and commercial property development. The majority of revenue derives from Sweden.

Skanska AB Headlines

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