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Dometic Group AB (OSTO:DOM) Equity-to-Asset : 0.49 (As of Mar. 2024)


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What is Dometic Group AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dometic Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr28,010 Mil. Dometic Group AB's Total Assets for the quarter that ended in Mar. 2024 was kr56,661 Mil. Therefore, Dometic Group AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.49.

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

OSTO:DOM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.46   Max: 0.63
Current: 0.49

During the past 12 years, the highest Equity to Asset Ratio of Dometic Group AB was 0.63. The lowest was 0.34. And the median was 0.46.

OSTO:DOM's Equity-to-Asset is ranked better than
51.25% of 839 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs OSTO:DOM: 0.49

Dometic Group AB Equity-to-Asset Historical Data

The historical data trend for Dometic Group 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.

Dometic Group AB Equity-to-Asset Chart

Dometic Group 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 0.47 0.43 0.43 0.46 0.48

Dometic Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.46 0.46 0.49 0.48 0.49

Competitive Comparison of Dometic Group AB's Equity-to-Asset

For the Leisure subindustry, Dometic Group 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.


Dometic Group AB's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dometic Group AB's Equity-to-Asset distribution charts can be found below:

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



Dometic Group 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.

Dometic Group 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
=25992/54119
=0.48

Dometic Group AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=28010/56661
=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.


Dometic Group AB  (OSTO:DOM) 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%.


Dometic Group AB Equity-to-Asset Related Terms

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


Dometic Group AB (OSTO:DOM) Business Description

Traded in Other Exchanges
Address
Hemvarnsgatan 15, 6th Floor, Solna, SWE, SE-171 54
Dometic Group AB provides leisure products for recreational vehicles (RV), marine and commercial and passenger vehicles (CPV) markets. It provides branded solutions for mobile living in the areas of climate, Power & Control, hygiene and sanitation, and food and beverage. It serves the market with a complete range of air conditioners, refrigerators, awnings, cookers, sanitation, lighting, mobile power equipment, windows, doors, and other comfort and safety products that make life away from home more comfortable. The group is organized into four regions, Europe, Middle East and Africa (EMEA), the Americas, Asia Pacific (APAC), and other countries.

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