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Job Solution Sweden Holding AB (OSTO:JOBS) Equity-to-Asset : 0.37 (As of Dec. 2023)


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What is Job Solution Sweden Holding AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Job Solution Sweden Holding AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr36.48 Mil. Job Solution Sweden Holding AB's Total Assets for the quarter that ended in Dec. 2023 was kr98.27 Mil. Therefore, Job Solution Sweden Holding AB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.37.

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

OSTO:JOBS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.52   Max: 0.77
Current: 0.37

During the past 4 years, the highest Equity to Asset Ratio of Job Solution Sweden Holding AB was 0.77. The lowest was 0.37. And the median was 0.52.

OSTO:JOBS's Equity-to-Asset is ranked worse than
66.97% of 1090 companies
in the Business Services industry
Industry Median: 0.5 vs OSTO:JOBS: 0.37

Job Solution Sweden Holding AB Equity-to-Asset Historical Data

The historical data trend for Job Solution Sweden Holding 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.

Job Solution Sweden Holding AB Equity-to-Asset Chart

Job Solution Sweden Holding AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.77 0.54 0.51 0.37

Job Solution Sweden Holding AB Quarterly Data
Dec20 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 0.51 0.51 0.40 0.44 0.37

Competitive Comparison of Job Solution Sweden Holding AB's Equity-to-Asset

For the Staffing & Employment Services subindustry, Job Solution Sweden Holding 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.


Job Solution Sweden Holding AB's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Job Solution Sweden Holding AB's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Job Solution Sweden Holding AB's Equity-to-Asset falls into.



Job Solution Sweden Holding 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.

Job Solution Sweden Holding 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
=36.477/98.268
=0.37

Job Solution Sweden Holding 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
=36.477/98.268
=0.37

* 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.


Job Solution Sweden Holding AB  (OSTO:JOBS) 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%.


Job Solution Sweden Holding AB Equity-to-Asset Related Terms

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Job Solution Sweden Holding AB (OSTO:JOBS) Business Description

Traded in Other Exchanges
N/A
Address
Landsvagen 57, Sundbyberg, SWE, 172 64
Job Solution Sweden Holding AB is specialist in recruitment. The company is engaged in recruitment support for your recruitment process.