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UPM-Kymmene Oyj (UPM-Kymmene Oyj) Equity-to-Asset

: 0.60 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. UPM-Kymmene Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $12,171 Mil. UPM-Kymmene Oyj's Total Assets for the quarter that ended in Dec. 2023 was $20,145 Mil. Therefore, UPM-Kymmene Oyj's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.60.

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

UPMKF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.61   Max: 0.7
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of UPM-Kymmene Oyj was 0.70. The lowest was 0.53. And the median was 0.61.

UPMKF's Equity-to-Asset is ranked better than
60.68% of 295 companies
in the Forest Products industry
Industry Median: 0.55 vs UPMKF: 0.60

UPM-Kymmene Oyj Equity-to-Asset Historical Data

The historical data trend for UPM-Kymmene Oyj'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.

UPM-Kymmene Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.63 0.61 0.56 0.60

UPM-Kymmene Oyj 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 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 Premium Member Only Premium Member Only Premium Member Only 0.56 0.62 0.59 0.60 0.60

Competitive Comparison

For the Paper & Paper Products subindustry, UPM-Kymmene Oyj'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.


UPM-Kymmene Oyj Equity-to-Asset Distribution

For the Forest Products industry and Basic Materials sector, UPM-Kymmene Oyj's Equity-to-Asset distribution charts can be found below:

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



UPM-Kymmene Oyj 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.

UPM-Kymmene Oyj'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
=12171.21/20145.038
=0.60

UPM-Kymmene Oyj'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
=12171.21/20145.038
=0.60

* 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.


UPM-Kymmene Oyj  (OTCPK:UPMKF) 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%.


UPM-Kymmene Oyj Equity-to-Asset Related Terms

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


UPM-Kymmene Oyj (UPM-Kymmene Oyj) Business Description

Traded in Other Exchanges
Address
Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100
UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.

UPM-Kymmene Oyj (UPM-Kymmene Oyj) Headlines

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