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Klappir Graenar Lausnir hf (OISE:KLAPP B) Equity-to-Asset : 0.47 (As of Dec. 2023)


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What is Klappir Graenar Lausnir hf Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Klappir Graenar Lausnir hf's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr377.7 Mil. Klappir Graenar Lausnir hf's Total Assets for the quarter that ended in Dec. 2023 was kr804.9 Mil. Therefore, Klappir Graenar Lausnir hf's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.

The historical rank and industry rank for Klappir Graenar Lausnir hf's Equity-to-Asset or its related term are showing as below:

OISE:KLAPP B' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.72   Max: 0.86
Current: 0.47

During the past 8 years, the highest Equity to Asset Ratio of Klappir Graenar Lausnir hf was 0.86. The lowest was 0.47. And the median was 0.72.

OISE:KLAPP B's Equity-to-Asset is ranked worse than
59.38% of 2851 companies
in the Software industry
Industry Median: 0.55 vs OISE:KLAPP B: 0.47

Klappir Graenar Lausnir hf Equity-to-Asset Historical Data

The historical data trend for Klappir Graenar Lausnir hf'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.

Klappir Graenar Lausnir hf Equity-to-Asset Chart

Klappir Graenar Lausnir hf Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.73 0.86 0.83 0.61 0.47

Klappir Graenar Lausnir hf Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 0.81 0.61 0.56 0.47

Competitive Comparison of Klappir Graenar Lausnir hf's Equity-to-Asset

For the Software - Application subindustry, Klappir Graenar Lausnir hf'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.


Klappir Graenar Lausnir hf's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Klappir Graenar Lausnir hf's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Klappir Graenar Lausnir hf's Equity-to-Asset falls into.



Klappir Graenar Lausnir hf 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.

Klappir Graenar Lausnir hf'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
=377.709/804.885
=0.47

Klappir Graenar Lausnir hf'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
=377.709/804.885
=0.47

* 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.


Klappir Graenar Lausnir hf  (OISE:KLAPP B) 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%.


Klappir Graenar Lausnir hf Equity-to-Asset Related Terms

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


Klappir Graenar Lausnir hf (OISE:KLAPP B) Business Description

Traded in Other Exchanges
N/A
Address
Austurstraeti 17, Reykjavik, ISL, 101
Klappir Graenar Lausnir hf develops, sells and implements software in the environmental field. The company's methodology and software solutions enable companies, municipalities and government to set measurable targets to reduce greenhouse gas emissions. Its software focuses on distribution of environmental information and carries out environmental analysis for organizations in all sectors, local authorities and government departments.

Klappir Graenar Lausnir hf (OISE:KLAPP B) Headlines

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