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Grieg Seafood ASA (OSL:GSF) Equity-to-Asset : 0.49 (As of Mar. 2024)


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What is Grieg Seafood ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grieg Seafood ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr6,386 Mil. Grieg Seafood ASA's Total Assets for the quarter that ended in Mar. 2024 was kr13,102 Mil. Therefore, Grieg Seafood ASA's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.49.

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

OSL:GSF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.46   Max: 0.53
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of Grieg Seafood ASA was 0.53. The lowest was 0.37. And the median was 0.46.

OSL:GSF's Equity-to-Asset is ranked worse than
55.98% of 1924 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs OSL:GSF: 0.49

Grieg Seafood ASA Equity-to-Asset Historical Data

The historical data trend for Grieg Seafood ASA'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.

Grieg Seafood ASA Equity-to-Asset Chart

Grieg Seafood ASA 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 0.46 0.41 0.52 0.50 0.49

Grieg Seafood ASA 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 0.53 0.44 0.47 0.49 0.49

Competitive Comparison of Grieg Seafood ASA's Equity-to-Asset

For the Farm Products subindustry, Grieg Seafood ASA'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.


Grieg Seafood ASA's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grieg Seafood ASA's Equity-to-Asset distribution charts can be found below:

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



Grieg Seafood ASA 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.

Grieg Seafood ASA'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
=6669.17/13663.251
=0.49

Grieg Seafood ASA'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
=6385.661/13101.717
=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.


Grieg Seafood ASA  (OSL:GSF) 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%.


Grieg Seafood ASA Equity-to-Asset Related Terms

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Grieg Seafood ASA (OSL:GSF) Business Description

Traded in Other Exchanges
Address
C. Sundtsgate 17/19, Grieg-Gaarden, Bergen, NOR, 5004
Grieg Seafood ASA is an integrated Norwegian seafood company engaged in farming Atlantic salmon. The company's facilities are located in Finnmark and Rogaland in Norway and British Columbia and Newfoundland in Canada. Its product portfolio includes fresh whole fish, freshly processed fish, frozen processed fish, frozen whole fish, and other products.

Grieg Seafood ASA (OSL:GSF) Headlines

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