Elisa Oyj (Elisa Oyj) Equity-to-Asset

: 0.41 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Elisa Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,407 Mil. Elisa Oyj's Total Assets for the quarter that ended in Dec. 2023 was $3,407 Mil. Therefore, Elisa Oyj's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.41.

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

ELMUY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.4 Max: 0.42
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Elisa Oyj was 0.42. The lowest was 0.38. And the median was 0.40.

ELMUY's Equity-to-Asset is ranked better than
52.67% of 393 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs ELMUY: 0.41

Elisa Oyj Equity-to-Asset Historical Data

The historical data trend for Elisa Oyj'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.

Elisa Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.41

0.39

0.40

0.41

Elisa Oyj Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.40	0.42	0.35	0.36	0.41

Competitive Comparison

For the Telecom Services subindustry, Elisa Oyj'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.

Elisa Oyj Equity-to-Asset Distribution

For the Telecommunication Services industry and Communication Services sector, Elisa Oyj's Equity-to-Asset distribution charts can be found below:

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

Elisa Oyj 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.

Elisa Oyj'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
	=	1407.197	/	3407.415
	=	0.41

Elisa Oyj's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1407.197	/	3407.415
	=	0.41

Elisa Oyj (GREY:ELMUY) 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%.

Elisa Oyj Equity-to-Asset Related Terms

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Elisa Oyj (Elisa Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Elisa Oyj (GREY:ELMUY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

0I8Y:UK ELISA:Finland EIA:Germany

Address

Ratavartijankatu 5, Helsinki, FIN, 00520

Website

https://www.elisa.com

Elisa Oyj is a telecommunications company that operates in two segments, Consumer Customers and Corporate Customers. The Consumer Customers segment provides consumers with telecommunications and communications services, such as fixed and mobile subscriptions with supplementary digital services, cabletv subscriptions, Elisa Viihde entertainment service and Elisa Kirja e-reading service. The Corporate Customers segment provides corporate and public administration organisations with services such as IT and communication solutions for the digital environment as well as fixed and mobile subscriptions. Majority of revenue is generated from Consumer Customers segment. The company generates majority of its revenue in Finland.