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Lindab International AB (OSTO:LIAB) Equity-to-Asset : 0.47 (As of Mar. 2024)


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What is Lindab International AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lindab International AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr7,566 Mil. Lindab International AB's Total Assets for the quarter that ended in Mar. 2024 was kr16,186 Mil. Therefore, Lindab International AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.47.

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

OSTO:LIAB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.51   Max: 0.57
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Lindab International AB was 0.57. The lowest was 0.44. And the median was 0.51.

OSTO:LIAB's Equity-to-Asset is ranked better than
54.51% of 1684 companies
in the Construction industry
Industry Median: 0.45 vs OSTO:LIAB: 0.47

Lindab International AB Equity-to-Asset Historical Data

The historical data trend for Lindab International 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.

Lindab International AB Equity-to-Asset Chart

Lindab International 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 0.53 0.55 0.55 0.52 0.53

Lindab International 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 0.52 0.49 0.51 0.53 0.47

Competitive Comparison of Lindab International AB's Equity-to-Asset

For the Building Products & Equipment subindustry, Lindab International 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.


Lindab International AB's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lindab International AB's Equity-to-Asset distribution charts can be found below:

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



Lindab International 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.

Lindab International 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
=7237/13559
=0.53

Lindab International 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
=7566/16186
=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.


Lindab International AB  (OSTO:LIAB) 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%.


Lindab International AB Equity-to-Asset Related Terms

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Lindab International AB (OSTO:LIAB) Business Description

Traded in Other Exchanges
Address
Stalhogavagen 115, Bastad, SWE, SE-269 82
Lindab International AB provides products and system solutions that are used to simplify the construction of properties and improve the indoor climate. The company operates through two segments namely Ventilation Systems and Profile Systems. Ventilation Systems offers air duct systems with accessories and indoor climate solutions for ventilation, cooling, and heating to installers and other customers in the ventilation industry. Profile Systems offers the construction industry products and systems in sheet metal for rainwater systems, roof, and wall products as well as steel profiles for wall, roof, and beam constructions. The majority of revenue is from the Ventilation segment. Geographically, the majority is from Sweden.

Lindab International AB (OSTO:LIAB) Headlines

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