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Alcadon Group AB (OSTO:ALCA) Equity-to-Asset : 0.46 (As of Mar. 2024)


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What is Alcadon Group AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alcadon Group AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr790 Mil. Alcadon Group AB's Total Assets for the quarter that ended in Mar. 2024 was kr1,714 Mil. Therefore, Alcadon Group AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.46.

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

OSTO:ALCA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.41   Max: 0.59
Current: 0.46

During the past 9 years, the highest Equity to Asset Ratio of Alcadon Group AB was 0.59. The lowest was 0.12. And the median was 0.41.

OSTO:ALCA's Equity-to-Asset is ranked worse than
66.51% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs OSTO:ALCA: 0.46

Alcadon Group AB Equity-to-Asset Historical Data

The historical data trend for Alcadon 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.

Alcadon Group AB Equity-to-Asset Chart

Alcadon Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.46 0.51 0.47 0.35 0.42

Alcadon 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 0.39 0.41 0.42 0.42 0.46

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

For the Communication Equipment subindustry, Alcadon 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.


Alcadon Group AB's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alcadon Group AB's Equity-to-Asset distribution charts can be found below:

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



Alcadon 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.

Alcadon 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
=669.455/1580.931
=0.42

Alcadon 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
=789.8/1713.7
=0.46

* 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.


Alcadon Group AB  (OSTO:ALCA) 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%.


Alcadon Group AB Equity-to-Asset Related Terms

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Alcadon Group AB (OSTO:ALCA) Business Description

Traded in Other Exchanges
Address
Segelbatsvagen 7, Stockholm, SWE, 112 64
Alcadon Group AB is a Sweden based company involved in providing products for data and network communication. It offers Commercial Real Estate Networks, Residential network, Fiber network / FTTx and services including Training, Network Design, and Troubleshooting among others.

Alcadon Group AB (OSTO:ALCA) Headlines

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