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CTT Systems AB (CHIX:CTTS) Equity-to-Asset : 0.76 (As of Mar. 2024)


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What is CTT Systems AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CTT Systems AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr338.5 Mil. CTT Systems AB's Total Assets for the quarter that ended in Mar. 2024 was kr444.8 Mil. Therefore, CTT Systems AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.76.

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

CHIX:CTTs' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.63   Max: 0.76
Current: 0.76

During the past 13 years, the highest Equity to Asset Ratio of CTT Systems AB was 0.76. The lowest was 0.26. And the median was 0.63.

CHIX:CTTs's Equity-to-Asset is ranked better than
86.86% of 312 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs CHIX:CTTs: 0.76

CTT Systems AB Equity-to-Asset Historical Data

The historical data trend for CTT Systems 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.

CTT Systems AB Equity-to-Asset Chart

CTT Systems 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 0.66 0.72 0.65 0.71 0.75

CTT Systems 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 0.71 0.71 0.74 0.75 0.76

Competitive Comparison of CTT Systems AB's Equity-to-Asset

For the Aerospace & Defense subindustry, CTT Systems 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.


CTT Systems AB's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CTT Systems AB's Equity-to-Asset distribution charts can be found below:

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



CTT Systems 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.

CTT Systems 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
=314.1/417.3
=0.75

CTT Systems 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
=338.5/444.8
=0.76

* 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.


CTT Systems AB  (CHIX:CTTs) 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%.


CTT Systems AB Equity-to-Asset Related Terms

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CTT Systems AB (CHIX:CTTS) Business Description

Traded in Other Exchanges
Address
Brukslagarvagen 5, Box 1042, Nykoping, SWE, 61129
CTT Systems AB manufacturer and provider of humidity control systems for aircraft. The company offers a Zonal Drying system that prevents condensation within an aircraft during humidification. The company's product line includes various humidifiers. It sells its products to aircraft manufacturers and transportation companies. The group's products, Zonal Drying System and Cair create conditions facilitating improved profitability and flight safety as well as considerably enhanced comfort for passengers and cabin personnel. It supplies these systems to aircraft manufacturers for installation during the production of new aircraft and to airlines for existing aircraft fleets. Geographically company generates the majority of its revenue from Denmark.

CTT Systems AB (CHIX:CTTS) Headlines

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