Betolar Oyj (OHEL:BETOLAR) Equity-to-Asset : 0.65 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Betolar Oyj Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Betolar Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €13.79 Mil. Betolar Oyj's Total Assets for the quarter that ended in Dec. 2023 was €21.24 Mil. Therefore, Betolar Oyj's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.65.

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

OHEL:BETOLAR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65 Med: 0.73 Max: 0.96
Current: 0.65

During the past 5 years, the highest Equity to Asset Ratio of Betolar Oyj was 0.96. The lowest was 0.65. And the median was 0.73.

OHEL:BETOLAR's Equity-to-Asset is ranked better than
67.86% of 392 companies
in the Building Materials industry
Industry Median: 0.54 vs OHEL:BETOLAR: 0.65

Betolar Oyj Equity-to-Asset Historical Data

The historical data trend for Betolar Oyj'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.

Betolar Oyj Equity-to-Asset Chart

Betolar Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.69

0.73

0.96

0.83

0.65

Betolar Oyj Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.96	0.89	0.83	0.78	0.65

Competitive Comparison of Betolar Oyj's Equity-to-Asset

For the Building Materials subindustry, Betolar Oyj'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.

Betolar Oyj's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Betolar Oyj's Equity-to-Asset distribution charts can be found below:

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

Betolar Oyj 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.

Betolar Oyj'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
	=	13.786	/	21.236
	=	0.65

Betolar Oyj'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
	=	13.786	/	21.236
	=	0.65

Betolar Oyj (OHEL:BETOLAR) 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%.

Betolar Oyj Equity-to-Asset Related Terms

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

Betolar Oyj (OHEL:BETOLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Betolar Oyj (OHEL:BETOLAR) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mannilantie 9, Kannonkoski, FIN, 43300

Website

https://www.betolar.com

Betolar Oyj is a Finnish materials technology company in the growth stage, whose mission is to enable the green transition of different industries globally, especially in the construction, process, and energy industries, by offering solutions for the utilization of its material technology. With its Geoprime solution, the company offers an alternative for producing sustainable and low-carbon concrete and concrete applications. The solution can be used to convert previously under-used or unused industrial side streams into a substitute for cement used in the production of concrete. Its product offering is divided into four segments: precast small concrete products, building elements, mining, and recycling of untapped side streams.

Betolar Oyj (OHEL:BETOLAR) Headlines

No Headlines