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Aspocomp Group (OHEL:ACG1V) Equity-to-Asset : 0.65 (As of Mar. 2024)


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What is Aspocomp Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aspocomp Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €17.09 Mil. Aspocomp Group's Total Assets for the quarter that ended in Mar. 2024 was €26.49 Mil. Therefore, Aspocomp Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.65.

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

OHEL:ACG1V' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.66   Max: 0.75
Current: 0.65

During the past 13 years, the highest Equity to Asset Ratio of Aspocomp Group was 0.75. The lowest was 0.58. And the median was 0.66.

OHEL:ACG1V's Equity-to-Asset is ranked better than
64.72% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs OHEL:ACG1V: 0.65

Aspocomp Group Equity-to-Asset Historical Data

The historical data trend for Aspocomp Group'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.

Aspocomp Group Equity-to-Asset Chart

Aspocomp Group 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 0.61 0.64 0.61 0.69 0.72

Aspocomp Group 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 0.73 0.68 0.66 0.72 0.65

Competitive Comparison of Aspocomp Group's Equity-to-Asset

For the Electronic Components subindustry, Aspocomp Group'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.


Aspocomp Group's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Aspocomp Group's Equity-to-Asset distribution charts can be found below:

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



Aspocomp Group 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.

Aspocomp Group'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
=18.768/26.193
=0.72

Aspocomp Group'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
=17.087/26.485
=0.65

* 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.


Aspocomp Group  (OHEL:ACG1V) 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%.


Aspocomp Group Equity-to-Asset Related Terms

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Aspocomp Group (OHEL:ACG1V) Business Description

Traded in Other Exchanges
Address
Keilaranta 1, Espoo, FIN, 02150
Aspocomp Group PLC is a Finland-based company engaged in manufacturing and selling printed circuit boards (PCBs). The products offered by the company are HDI PCBs, Multilayers and Backplanes, PCBs with cooling features, High-Frequency PCBs, Mixed Dielectric, and IMS PCBs for LED applications. Its products are used in the electronics industry like telecommunications networks, automobiles, industrial electronics, security and defense, semiconductor research and development, and integrated circuit testing. The group makes sales in Finland, Europe, Asia, and Other countries, of which the majority of the revenue is generated from Europe.

Aspocomp Group (OHEL:ACG1V) Headlines

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