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Betsson AB (Betsson AB) Equity-to-Asset

: 0.64 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Betsson AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $840 Mil. Betsson AB's Total Assets for the quarter that ended in Dec. 2023 was $1,309 Mil. Therefore, Betsson AB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.64.

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

BTSBF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.61   Max: 0.64
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Betsson AB was 0.64. The lowest was 0.54. And the median was 0.61.

BTSBF's Equity-to-Asset is ranked better than
70.83% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs BTSBF: 0.64

Betsson AB Equity-to-Asset Historical Data

The historical data trend for Betsson 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.

Betsson 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 0.64 0.61 0.64 0.64 0.64

Betsson 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 0.64 0.64 0.65 0.63 0.64

Competitive Comparison

For the Gambling subindustry, Betsson 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.


Betsson AB Equity-to-Asset Distribution

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

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



Betsson 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.

Betsson 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
=839.695/1308.724
=0.64

Betsson 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
=839.695/1308.724
=0.64

* 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.


Betsson AB  (GREY:BTSBF) 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%.


Betsson AB Equity-to-Asset Related Terms

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


Betsson AB (Betsson AB) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 28, Stockholm, SWE, 111 53
Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's approximately 20 brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.

Betsson AB (Betsson AB) Headlines

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