GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Skogsfond Baltikum AB (publ) (NGM:SKOGA) » Definitions » Equity-to-Asset

Skogsfond Baltikum AB (publ) (NGM:SKOGA) Equity-to-Asset : 0.75 (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Skogsfond Baltikum AB (publ) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Skogsfond Baltikum AB (publ)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr352.81 Mil. Skogsfond Baltikum AB (publ)'s Total Assets for the quarter that ended in Dec. 2023 was kr473.34 Mil. Therefore, Skogsfond Baltikum AB (publ)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.75.

The historical rank and industry rank for Skogsfond Baltikum AB (publ)'s Equity-to-Asset or its related term are showing as below:

NGM:SKOGA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.75   Max: 0.97
Current: 0.75

During the past 5 years, the highest Equity to Asset Ratio of Skogsfond Baltikum AB (publ) was 0.97. The lowest was 0.68. And the median was 0.75.

NGM:SKOGA's Equity-to-Asset is ranked worse than
58.52% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs NGM:SKOGA: 0.75

Skogsfond Baltikum AB (publ) Equity-to-Asset Historical Data

The historical data trend for Skogsfond Baltikum AB (publ)'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.

Skogsfond Baltikum AB (publ) Equity-to-Asset Chart

Skogsfond Baltikum AB (publ) Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.97 0.78 0.68 0.73 0.75

Skogsfond Baltikum AB (publ) Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset 0.97 0.78 0.68 0.73 0.75

Competitive Comparison of Skogsfond Baltikum AB (publ)'s Equity-to-Asset

For the Asset Management subindustry, Skogsfond Baltikum AB (publ)'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.


Skogsfond Baltikum AB (publ)'s Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Skogsfond Baltikum AB (publ)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Skogsfond Baltikum AB (publ)'s Equity-to-Asset falls into.



Skogsfond Baltikum AB (publ) 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.

Skogsfond Baltikum AB (publ)'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
=352.808/473.337
=0.75

Skogsfond Baltikum AB (publ)'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
=352.808/473.337
=0.75

* 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.


Skogsfond Baltikum AB (publ)  (NGM:SKOGA) 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%.


Skogsfond Baltikum AB (publ) Equity-to-Asset Related Terms

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


Skogsfond Baltikum AB (publ) (NGM:SKOGA) Business Description

Traded in Other Exchanges
N/A
Address
Kungsgatan 3, Stockholm, SWE, 111 43
Skogsfond Baltikum AB (publ) is a Swedish alternative investment fund. It is focused on investments in forest assets in the three Baltic countries Estonia, Latvia, and Lithuania.

Skogsfond Baltikum AB (publ) (NGM:SKOGA) Headlines

No Headlines