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HAV Group ASA (OSL:HAV) Equity-to-Asset : 0.21 (As of Dec. 2023)


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What is HAV Group ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HAV Group ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr88.9 Mil. HAV Group ASA's Total Assets for the quarter that ended in Dec. 2023 was kr427.5 Mil. Therefore, HAV Group ASA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

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

OSL:HAV' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.05   Med: 0.15   Max: 0.25
Current: 0.21

During the past 7 years, the highest Equity to Asset Ratio of HAV Group ASA was 0.25. The lowest was -0.05. And the median was 0.15.

OSL:HAV's Equity-to-Asset is ranked worse than
84.08% of 980 companies
in the Transportation industry
Industry Median: 0.49 vs OSL:HAV: 0.21

HAV Group ASA Equity-to-Asset Historical Data

The historical data trend for HAV Group ASA'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.

HAV Group ASA Equity-to-Asset Chart

HAV Group ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial -0.05 0.06 0.25 0.23 0.21

HAV Group ASA Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.15 0.25 0.24 0.21

Competitive Comparison of HAV Group ASA's Equity-to-Asset

For the Marine Shipping subindustry, HAV Group ASA'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.


HAV Group ASA's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, HAV Group ASA's Equity-to-Asset distribution charts can be found below:

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



HAV Group ASA 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.

HAV Group ASA'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
=88.864/427.466
=0.21

HAV Group ASA'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
=88.864/427.466
=0.21

* 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.


HAV Group ASA  (OSL:HAV) 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%.


HAV Group ASA Equity-to-Asset Related Terms

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


HAV Group ASA (OSL:HAV) Business Description

Traded in Other Exchanges
Address
Holmefjordvegen 1, Fosnavag, NOR, 6090
HAV Group ASA is a provider of solutions and technology to the global marine and maritime industries. The group's vision is to contribute to the green shift through innovative solutions and high-end products for the ocean industries. It offers ship design, shipbuilding technology, ship equipment and systems, and service to sailing ships worldwide.

HAV Group ASA (OSL:HAV) Headlines

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