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Viafin Service Oyj (OHEL:VIAFIN) Equity-to-Asset : 0.53 (As of Dec. 2023)


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What is Viafin Service Oyj Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Viafin Service Oyj's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €23.10 Mil. Viafin Service Oyj's Total Assets for the quarter that ended in Dec. 2023 was €44.00 Mil. Therefore, Viafin Service Oyj's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

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

OHEL:VIAFIN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.5   Max: 0.55
Current: 0.53

During the past 6 years, the highest Equity to Asset Ratio of Viafin Service Oyj was 0.55. The lowest was 0.04. And the median was 0.50.

OHEL:VIAFIN's Equity-to-Asset is ranked worse than
54.24% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs OHEL:VIAFIN: 0.53

Viafin Service Oyj Equity-to-Asset Historical Data

The historical data trend for Viafin Service 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.

Viafin Service Oyj Equity-to-Asset Chart

Viafin Service Oyj Annual Data
Trend Jul17 Jul18 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.50 0.55 0.49 0.49 0.53

Viafin Service Oyj Semi-Annual Data
Jul17 Jul18 Jan19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.49 0.44 0.49 0.48 0.53

Competitive Comparison of Viafin Service Oyj's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Viafin Service 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.


Viafin Service Oyj's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Viafin Service Oyj's Equity-to-Asset distribution charts can be found below:

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



Viafin Service 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.

Viafin Service 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
=23.095/43.998
=0.52

Viafin Service 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
=23.095/43.998
=0.52

* 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.


Viafin Service Oyj  (OHEL:VIAFIN) 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%.


Viafin Service Oyj Equity-to-Asset Related Terms

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


Viafin Service Oyj (OHEL:VIAFIN) Business Description

Traded in Other Exchanges
N/A
Address
Kullervonkatu 15, Tampere, FIN, 33500
Viafin Service Oyj is specialized in industrial maintenance services, installation, and maintenance of industrial piping, equipment, and gas-based systems. It offers wide range of services includes maintenance and system supply of LNG and biogas systems, gas grids, and gas filling stations. The company's business is mainly in Finland and its clientele consists of several major companies in the pulp, energy, chemical, and metal industry.

Viafin Service Oyj (OHEL:VIAFIN) Headlines

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