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Active Biotech AB (OSTO:ACTI) Equity-to-Asset : 0.60 (As of Mar. 2024)


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What is Active Biotech AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Active Biotech AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr20.10 Mil. Active Biotech AB's Total Assets for the quarter that ended in Mar. 2024 was kr33.60 Mil.

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

OSTO:ACTI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.51   Max: 0.89
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Active Biotech AB was 0.89. The lowest was 0.09. And the median was 0.51.

OSTO:ACTI's Equity-to-Asset is ranked worse than
56.25% of 1559 companies
in the Biotechnology industry
Industry Median: 0.67 vs OSTO:ACTI: 0.60

Active Biotech AB Equity-to-Asset Historical Data

The historical data trend for Active Biotech AB'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.

Active Biotech AB Equity-to-Asset Chart

Active Biotech AB 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 0.80 0.69 0.82 0.68 0.70

Active Biotech AB 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 0.58 0.48 0.09 0.70 0.60

Competitive Comparison of Active Biotech AB's Equity-to-Asset

For the Biotechnology subindustry, Active Biotech AB'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.


Active Biotech AB's Equity-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Active Biotech AB's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Active Biotech AB's Equity-to-Asset falls into.



Active Biotech AB 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.

Active Biotech AB'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
=30.667/44.047
=

Active Biotech AB'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
=20.1/33.6
=

* 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.


Active Biotech AB  (OSTO:ACTI) 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%.


Active Biotech AB Equity-to-Asset Related Terms

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


Active Biotech AB (OSTO:ACTI) Business Description

Traded in Other Exchanges
Address
Scheelevagen 22, Lund, SWE, 223 63
Active Biotech AB focuses on the research and development of pharmaceuticals products within medical areas including neurodegenerative diseases, autoimmune/inflammatory disease and various forms of cancer. Its project portfolio contains both small molecules that are orally active immunomodulatory agents and antibody based immunotherapy.

Active Biotech AB (OSTO:ACTI) Headlines

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