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MindArk PE AB (XSAT:MNDRK) Equity-to-Asset : 0.58 (As of Jun. 2024)


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What is MindArk PE AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MindArk PE AB's Total Stockholders Equity for the quarter that ended in Jun. 2024 was kr89.7 Mil. MindArk PE AB's Total Assets for the quarter that ended in Jun. 2024 was kr153.6 Mil. Therefore, MindArk PE AB's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.58.

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

XSAT:MNDRK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.5   Max: 0.58
Current: 0.58

During the past 2 years, the highest Equity to Asset Ratio of MindArk PE AB was 0.58. The lowest was 0.40. And the median was 0.50.

XSAT:MNDRK's Equity-to-Asset is ranked better than
55.12% of 2854 companies
in the Software industry
Industry Median: 0.55 vs XSAT:MNDRK: 0.58

MindArk PE AB Equity-to-Asset Historical Data

The historical data trend for MindArk PE 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.

MindArk PE AB Equity-to-Asset Chart

MindArk PE AB Annual Data
Trend Dec21 Dec23
Equity-to-Asset
0.48 0.58

MindArk PE AB Quarterly Data
Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.42 0.58 0.55 0.58

Competitive Comparison of MindArk PE AB's Equity-to-Asset

For the Software - Application subindustry, MindArk PE 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.


MindArk PE AB's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, MindArk PE AB's Equity-to-Asset distribution charts can be found below:

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



MindArk PE 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.

MindArk PE 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
=87.012/151.254
=0.58

MindArk PE AB'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
=89.671/153.567
=0.58

* 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.


MindArk PE AB  (XSAT:MNDRK) 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%.


MindArk PE AB Equity-to-Asset Related Terms

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


MindArk PE AB Business Description

Traded in Other Exchanges
N/A
Address
Masthamnsgatan 5, Gothenburg, SWE, SE 413 27
MindArk PE AB develops and operates Entropia Universe and the Entropia Platform. Entropia Universe is a 3D internet virtual universe with an integrated economic system and stunning graphics. The client software is free-of-charge and available to anyone with internet access. The Entropia Platform is a secure entertainment and business platform, enabling companies and organizations all over the world to build content on themed planets inside Entropia Universe.

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