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Peab AB (LTS:0MHT) Equity-to-Asset : 0.29 (As of Dec. 2023)


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What is Peab AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Peab AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr14,453 Mil. Peab AB's Total Assets for the quarter that ended in Dec. 2023 was kr49,176 Mil. Therefore, Peab AB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

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

LTS:0MHT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.29   Max: 0.32
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of Peab AB was 0.32. The lowest was 0.23. And the median was 0.29.

LTS:0MHT's Equity-to-Asset is ranked worse than
73.96% of 1678 companies
in the Construction industry
Industry Median: 0.44 vs LTS:0MHT: 0.29

Peab AB Equity-to-Asset Historical Data

The historical data trend for Peab 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.

Peab AB Equity-to-Asset Chart

Peab 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 0.27 0.30 0.29 0.27 0.29

Peab AB 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 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 0.27 0.27 0.26 0.27 0.29

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

For the Engineering & Construction subindustry, Peab 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.


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

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

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



Peab 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.

Peab 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
=14453/49176
=0.29

Peab AB'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
=14453/49176
=0.29

* 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.


Peab AB  (LTS:0MHT) 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%.


Peab AB Equity-to-Asset Related Terms

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


Peab AB (LTS:0MHT) Business Description

Traded in Other Exchanges
Address
Margretetorpsvagen 84, Forslov, SWE, SE-269 73
Peab AB is one of the leading Nordic construction and civil engineering companies. It builds offices around the region and contributes to all stages of construction. Many projects are related to housing, transportation, commercial property, and building materials. A network of subcontractors and external suppliers helps plan and build innovative systems for projects. Peab operates in four business areas: construction (roughly half of total revenue), civil engineering, industry, and project development. It uses technical expertise and input from customers to complete projects and deliver customized solutions. The majority of sales come from Sweden, and the company has the capacity to complete smaller local projects as well as more complex construction projects.

Peab AB (LTS:0MHT) Headlines

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