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Nordic Paper Holding AB (OSTO:NPAPER) Equity-to-Asset : 0.35 (As of Mar. 2024)


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What is Nordic Paper Holding AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nordic Paper Holding AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr1,319 Mil. Nordic Paper Holding AB's Total Assets for the quarter that ended in Mar. 2024 was kr3,789 Mil. Therefore, Nordic Paper Holding AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

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

OSTO:NPAPER' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.29   Max: 0.58
Current: 0.35

During the past 7 years, the highest Equity to Asset Ratio of Nordic Paper Holding AB was 0.58. The lowest was 0.18. And the median was 0.29.

OSTO:NPAPER's Equity-to-Asset is ranked worse than
75.25% of 295 companies
in the Forest Products industry
Industry Median: 0.55 vs OSTO:NPAPER: 0.35

Nordic Paper Holding AB Equity-to-Asset Historical Data

The historical data trend for Nordic Paper Holding 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.

Nordic Paper Holding AB Equity-to-Asset Chart

Nordic Paper Holding AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.58 0.25 0.18 0.29 0.31

Nordic Paper Holding AB Quarterly Data
Dec18 Jun19 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 0.33 0.29 0.30 0.31 0.35

Competitive Comparison of Nordic Paper Holding AB's Equity-to-Asset

For the Paper & Paper Products subindustry, Nordic Paper Holding 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.


Nordic Paper Holding AB's Equity-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nordic Paper Holding AB's Equity-to-Asset distribution charts can be found below:

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



Nordic Paper Holding 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.

Nordic Paper Holding 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
=1193/3837
=0.31

Nordic Paper Holding 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
=1319/3789
=0.35

* 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.


Nordic Paper Holding AB  (OSTO:NPAPER) 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%.


Nordic Paper Holding AB Equity-to-Asset Related Terms

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


Nordic Paper Holding AB (OSTO:NPAPER) Business Description

Traded in Other Exchanges
Address
Tullhusgatan 1B, Karlstad, SWE, 652 09
Nordic Paper Holding AB is a paper company operating in two segments; Kraft paper is used in many end-use applications, such as in products aimed at consumers, including carrier bags and food packaging, in packaging for building materials, and in multiple other industrial applications, and Greaseproof paper is a group of paper types that are characterized by a resistance to oil or grease and is mainly used in the food sector but also have a number of industrial applications. The company offers effective and environmentally responsible products and solutions within the Kraft Paper and Natural Greaseproof segments.

Nordic Paper Holding AB (OSTO:NPAPER) Headlines

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