byNordic Acquisition (byNordic Acquisition) Equity-to-Asset : 0.69 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is byNordic Acquisition Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. byNordic Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $28.98 Mil. byNordic Acquisition's Total Assets for the quarter that ended in Dec. 2023 was $41.86 Mil.

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

BYNO' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.06 Med: 0.06 Max: 0.96
Current: 0.69

During the past 5 years, the highest Equity to Asset Ratio of byNordic Acquisition was 0.96. The lowest was -0.06. And the median was 0.06.

BYNO's Equity-to-Asset is ranked worse than
60% of 625 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs BYNO: 0.69

byNordic Acquisition Equity-to-Asset Historical Data

The historical data trend for byNordic Acquisition'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.

byNordic Acquisition Equity-to-Asset Chart

byNordic Acquisition Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

-0.01

0.06

-0.06

0.96

0.69

byNordic Acquisition Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial											0.96	0.96	0.95	0.72	0.69

Competitive Comparison of byNordic Acquisition's Equity-to-Asset

For the Shell Companies subindustry, byNordic Acquisition'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.

byNordic Acquisition's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, byNordic Acquisition's Equity-to-Asset distribution charts can be found below:

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

byNordic Acquisition 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.

byNordic Acquisition'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
	=	28.981	/	41.858
	=

byNordic Acquisition'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
	=	28.981	/	41.858
	=

byNordic Acquisition (NAS:BYNO) 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%.

byNordic Acquisition Equity-to-Asset Related Terms

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

byNordic Acquisition (byNordic Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » byNordic Acquisition Corp (NAS:BYNO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Pir 29, Einar Hansens Esplanad 29, Malmo, SWE, 211 13

Website

byNordic Acquisition Corp is a blank check company.

Executives

Mizuho Securities Usa Llc	10 percent owner	1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Mizuho Americas Llc	10 percent owner	1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Thomas L Fairfield	officer: CFO, COO and Secretary	C/O WMIH CORP., 800 FIFTH AVENUE, SUITE 4222, SEATTLE WA 98104
Steven M Wasserman	director	328 WEST 77TH STREET, NEW YORK NY 10024
Mats Karlsson	officer: Director of Acquisition	EINAR HANSENS ESPLANAD 29, MALAMO V7 21113
Michael Hermansson	officer: Chief Executive Officer	EINAR HANSENS ESPLANAD 29, MALAMO V7 21113
Anna Yukiko Bickenbach	director	EINAR HANSENS ESPLANAD 29, MALAMO V7 21113
Christian Merheim	officer: Director of Technology	EINAR HANSENS ESPLANAD 29, MALMO V7 21113
Water By Nordic Ab	10 percent owner	EINAR HANSENS ESPLANAD 29, MALMO V7 21113
Jonas Olsson	director, officer: Chairman of the Board	EINAR HANSENS ESPLANAD 29, MALMO V7 21113
Anders Norlin	director	EINAR HANSENS ESPLANAD 29, MALMO V7 21113
Alexander Bigge Lidgren	officer: Director of Marketing	EINAR HANSENS ESPLANAD 29, MALMO V7 21113
Elmberg Fredrik Jan Thure	director	REINBEKER WEG 51, D-21029, HAMBURG 2M 00000