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Holmen AB (OSTO:HOLM A) Equity-to-Asset : 0.71 (As of Mar. 2024)


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What is Holmen AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Holmen AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr56,960 Mil. Holmen AB's Total Assets for the quarter that ended in Mar. 2024 was kr80,135 Mil. Therefore, Holmen AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.71.

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

OSTO:HOLM A' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.63   Max: 0.71
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of Holmen AB was 0.71. The lowest was 0.57. And the median was 0.63.

OSTO:HOLM A's Equity-to-Asset is ranked better than
76.27% of 295 companies
in the Forest Products industry
Industry Median: 0.55 vs OSTO:HOLM A: 0.71

Holmen AB Equity-to-Asset Historical Data

The historical data trend for Holmen 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.

Holmen AB Equity-to-Asset Chart

Holmen 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 0.68 0.68 0.69 0.70 0.71

Holmen 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 0.68 0.69 0.70 0.71 0.71

Competitive Comparison of Holmen AB's Equity-to-Asset

For the Paper & Paper Products subindustry, Holmen 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.


Holmen AB's Equity-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Holmen AB's Equity-to-Asset distribution charts can be found below:

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



Holmen 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.

Holmen 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
=56923/79719
=0.71

Holmen 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
=56960/80135
=0.71

* 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.


Holmen AB  (OSTO:HOLM A) 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%.


Holmen AB Equity-to-Asset Related Terms

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


Holmen AB (OSTO:HOLM A) Business Description

Traded in Other Exchanges
Address
Strandvagen 1, P.O. Box 5407, Stockholm, SWE, SE-114 84
Holmen AB produces and sells timber, wood products, a variety of paper products, and electricity generated through renewable energy sources. The company organizes itself into five segments based on product type: Forest, Paperboard, Paper, Wood Products, and Renewable Energy. The company's product portfolio includes logs, biofuel, paperboard for consumer packaging, paper for books, construction timber, and renewable energy from hydro and wind power. The company's customer segment is composed of printing firms, sawmills, pulp mills, paper mills, construction industry, and packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns majoroty of its revenue in Europe.

Holmen AB (OSTO:HOLM A) Headlines

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