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Storytel AB (OSTO:STORY B) Equity-to-Asset : 0.41 (As of Mar. 2024)


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What is Storytel AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Storytel AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr1,221 Mil. Storytel AB's Total Assets for the quarter that ended in Mar. 2024 was kr3,004 Mil. Therefore, Storytel AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.41.

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

OSTO:STORY B' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01   Med: 0.4   Max: 0.77
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Storytel AB was 0.77. The lowest was -0.01. And the median was 0.40.

OSTO:STORY B's Equity-to-Asset is ranked worse than
62.83% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs OSTO:STORY B: 0.41

Storytel AB Equity-to-Asset Historical Data

The historical data trend for Storytel 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.

Storytel AB Equity-to-Asset Chart

Storytel 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 0.10 0.51 0.61 0.48 0.39

Storytel 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 0.51 0.51 0.51 0.39 0.41

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

For the Publishing subindustry, Storytel 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.


Storytel AB's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Storytel AB's Equity-to-Asset distribution charts can be found below:

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



Storytel 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.

Storytel 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
=1207.838/3140.651
=0.38

Storytel 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
=1221.096/3004.229
=0.41

* 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.


Storytel AB  (OSTO:STORY 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%.


Storytel AB Equity-to-Asset Related Terms

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Storytel AB (OSTO:STORY B) Business Description

Traded in Other Exchanges
Address
Tryckerigatan 4, P.O. Box 24 167, Stockholm, SWE, SE-104 51
Storytel AB operates in the book and publishing sector. The Storytel organization comprises two divisions: Streaming and Publishing. Within the Streaming division, the company provides a subscription service for audio books and e-books under the Storytel and Mofibo brands, currently in Sweden, Denmark, Finland, Netherlands, USA and other countries. The Publishing division comprises Norstedts, Massolit, Kontentan, Telegram, the Danish publisher People's Press (adults), Raben and Sjogren and B. Wahlstroms (children and young adults), as well as Norstedts Kartor.

Storytel AB (OSTO:STORY B) Headlines

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