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Veoneer (Veoneer) Equity-to-Asset : 0.49 (As of Dec. 2021)


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What is Veoneer Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Veoneer's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $853 Mil. Veoneer's Total Assets for the quarter that ended in Dec. 2021 was $1,750 Mil. Therefore, Veoneer's Equity to Asset Ratio for the quarter that ended in Dec. 2021 was 0.49.

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

VNE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49   Med: 0.52   Max: 0.69
Current: 0.49

During the past 7 years, the highest Equity to Asset Ratio of Veoneer was 0.69. The lowest was 0.49. And the median was 0.52.

VNE's Equity-to-Asset is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.46 vs VNE: 0.49

Veoneer Equity-to-Asset Historical Data

The historical data trend for Veoneer'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.

Veoneer Equity-to-Asset Chart

Veoneer Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial 0.50 0.69 0.63 0.54 0.49

Veoneer Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 0.54 0.56 0.54 0.52 0.49

Competitive Comparison of Veoneer's Equity-to-Asset

For the Auto Parts subindustry, Veoneer'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.


Veoneer's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Veoneer's Equity-to-Asset distribution charts can be found below:

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



Veoneer 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.

Veoneer's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=853/1750
=0.49

Veoneer's Equity to Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

Equity to Asset (Q: Dec. 2021 )=Total Stockholders Equity/Total Assets
=853/1750
=0.49

* 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.


Veoneer  (NYSE:VNE) 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%.


Veoneer Equity-to-Asset Related Terms

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


Veoneer (Veoneer) Business Description

Traded in Other Exchanges
N/A
Address
Klarabergsviadukten 70, Box 13089, Section C6, Stockholm, SWE, SE-103 02
Veoneer designs, develops, and makes safety electronics for the global automotive industry. Passive safety products include sensors, electronic control units, and software used to prepare seat belt pretensioners, and to deploy airbags in a collision. Active safety products include sensors, electronic control units, and software that enable advanced driver assistance systems, or ADAS, highly automated driving, or HAD, and autonomous driving, or AD. Roughly one-third of revenue comes from each of Europe, the Americas, and Asia. Daimler, Hyundai/Kia, Ford, Honda, and General Motors are the company's five largest customers, accounting for 61% of 2020 revenue.
Executives
Xi Zhang officer: EVP Business Unit VEONEER, INC. BOX 13089 STOCKHOLM V7 SE 103 02
Bisciotti Robert George Jr. officer: EVP Business Unit VEONEER, INC. BOX 13089 STOCKHOLM V7 SE 103 02
Jan Carlson director, officer: Chief Executive Officer C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Robert W Alspaugh director C/O AUTOLIV INC, KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Christer Waerge Lundstrom officer: EVP, Quality 2645 AMERICAN DRIVE SOUTHFIELD MI 48034
Jonas G Synnergren director C/O VEONEER, INC. KLARABERGSVIADUKTEN 70, SECTION C6 STOCKHOLM V7 SE-111 64
Mary Louise Cummings director C/O VEONEER, INC. KLARABERGSVIADUKTEN 70, SECTION C6 STOCKHOLM V7 SE-111 64
Wolfgang Ziebart director C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Dermot Mark Durcan director
James M Ringler director 2211 H.H. DOW WAY, MIDLAND MI 48674
Kazuhiko Sakamoto director C/O AUTOLIV INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Arthur Blanchford officer: EVP, Business Unit C/O VEONEER, INC. KLARABERGSVIADUKTEN 70, SECTION C6 STOCKHOLM V7 SE-111 64
Nishant Batra officer: EVP, Chief Technology Officer C/O VEONEER, INC., BOX 13089 STOCKHOLM V7 SE-10302
Steven Rode officer: EVP, Operations C/O AUTOLIV, INC., VASAGATAN 11, 7TH FLOOR, STOCKHOLM V7 SE-111 20
Mikael Landberg officer: EVP, Human Resources VEONEER, INC. BOX 13809 STOCKHOLM V7 SE 103 02