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Essity AB (OSTO:ESSITY B) Equity-to-Asset : 0.44 (As of Mar. 2024)


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What is Essity AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Essity AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr81,717 Mil. Essity AB's Total Assets for the quarter that ended in Mar. 2024 was kr186,076 Mil. Therefore, Essity AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.44.

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

OSTO:ESSITY B' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.32   Max: 0.44
Current: 0.44

During the past 11 years, the highest Equity to Asset Ratio of Essity AB was 0.44. The lowest was 0.25. And the median was 0.32.

OSTO:ESSITY B's Equity-to-Asset is ranked worse than
63.35% of 1918 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs OSTO:ESSITY B: 0.44

Essity AB Equity-to-Asset Historical Data

The historical data trend for Essity 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.

Essity AB Equity-to-Asset Chart

Essity 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 0.33 0.35 0.34 0.32 0.35

Essity 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 0.30 0.32 0.34 0.35 0.44

Competitive Comparison of Essity AB's Equity-to-Asset

For the Household & Personal Products subindustry, Essity 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.


Essity AB's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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



Essity 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.

Essity 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
=70846/202993
=0.35

Essity 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
=81717/186076
=0.44

* 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.


Essity AB  (OSTO:ESSITY B) 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%.


Essity AB Equity-to-Asset Related Terms

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


Essity AB (OSTO:ESSITY B) Business Description

Address
Klarabergsviadukten 63, PO Box 200, Stockholm, SWE, SE-101 23
Essity is a health and hygiene company spun out of Svenska Cellulosa in June 2017. Essity's products span the feminine-care, baby-care, toilet paper, facial tissue, and wet wipes categories, as well as hand soap, hand sanitizers, and tissue dispensers for institutional customers. Essity also offers medical solutions in the form of wound care, orthopedics, and compression therapy, accounting for 7% of net sales in fiscal 2021. Essity operates in 150 markets and generates over 50% of its revenue in Europe, although it also maintains significant exposure to emerging markets (38% of net sales in 2021).

Essity AB (OSTO:ESSITY B) Headlines

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