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Eimskipafelag Islands ehf (OISE:EIM) Equity-to-Asset : 0.45 (As of Mar. 2024)


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What is Eimskipafelag Islands ehf Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eimskipafelag Islands ehf's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr42,474 Mil. Eimskipafelag Islands ehf's Total Assets for the quarter that ended in Mar. 2024 was kr95,113 Mil. Therefore, Eimskipafelag Islands ehf's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.45.

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

OISE:EIM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.48   Max: 0.65
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Eimskipafelag Islands ehf was 0.65. The lowest was 0.37. And the median was 0.48.

OISE:EIM's Equity-to-Asset is ranked worse than
54.55% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs OISE:EIM: 0.45

Eimskipafelag Islands ehf Equity-to-Asset Historical Data

The historical data trend for Eimskipafelag Islands ehf'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.

Eimskipafelag Islands ehf Equity-to-Asset Chart

Eimskipafelag Islands ehf 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 0.43 0.42 0.40 0.45 0.50

Eimskipafelag Islands ehf 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 0.41 0.46 0.48 0.50 0.45

Competitive Comparison of Eimskipafelag Islands ehf's Equity-to-Asset

For the Integrated Freight & Logistics subindustry, Eimskipafelag Islands ehf'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.


Eimskipafelag Islands ehf's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Eimskipafelag Islands ehf's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Eimskipafelag Islands ehf's Equity-to-Asset falls into.



Eimskipafelag Islands ehf 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.

Eimskipafelag Islands ehf'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
=46500.845/93527.788
=0.50

Eimskipafelag Islands ehf'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
=42474.412/95112.904
=0.45

* 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.


Eimskipafelag Islands ehf  (OISE:EIM) 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%.


Eimskipafelag Islands ehf Equity-to-Asset Related Terms

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Eimskipafelag Islands ehf (OISE:EIM) Business Description

Traded in Other Exchanges
N/A
Address
Sundabakki 2, Reykjavík, ISL, 104
Eimskipafelag Islands ehf Formerly Eimpskipafelag Islands provides shipping, logistics, supply chain services. The company's operations are divided into two market segments namely Liner services and Forwarding services. The liner services segment includes operations such as port operations, cold storage facilities, warehousing, trucking and distribution, air freight and agency services in Iceland and Norway. The forwarding services segment includes reefer forwarding, a system based on a network of own offices, association with deep-sea lines and associates. The company earns the majority of its revenues from Iceland, the Faroe Islands, and Asia.