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INVL Technology UTIB (OVSE:INC1L) Equity-to-Asset : 0.89 (As of Dec. 2023)


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What is INVL Technology UTIB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. INVL Technology UTIB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €43.53 Mil. INVL Technology UTIB's Total Assets for the quarter that ended in Dec. 2023 was €48.89 Mil. Therefore, INVL Technology UTIB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.89.

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

OVSE:INC1L' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.89   Med: 0.99   Max: 1
Current: 0.89

During the past 11 years, the highest Equity to Asset Ratio of INVL Technology UTIB was 1.00. The lowest was 0.89. And the median was 0.99.

OVSE:INC1L's Equity-to-Asset is ranked better than
59.11% of 1729 companies
in the Asset Management industry
Industry Median: 0.83 vs OVSE:INC1L: 0.89

INVL Technology UTIB Equity-to-Asset Historical Data

The historical data trend for INVL Technology UTIB'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.

INVL Technology UTIB Equity-to-Asset Chart

INVL Technology UTIB 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 1.00 0.95 0.94 1.00 0.89

INVL Technology UTIB Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.94 1.00 1.00 1.00 0.89

Competitive Comparison of INVL Technology UTIB's Equity-to-Asset

For the Asset Management subindustry, INVL Technology UTIB'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.


INVL Technology UTIB's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, INVL Technology UTIB's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where INVL Technology UTIB's Equity-to-Asset falls into.



INVL Technology UTIB 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.

INVL Technology UTIB'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
=43.529/48.888
=0.89

INVL Technology UTIB'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
=43.529/48.888
=0.89

* 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.


INVL Technology UTIB  (OVSE:INC1L) 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%.


INVL Technology UTIB Equity-to-Asset Related Terms

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


INVL Technology UTIB (OVSE:INC1L) Business Description

Traded in Other Exchanges
N/A
Address
Gyneju Street 14, Vilnius, LTU, LT-01109
INVL Technology UTIB operates as a closed-end fund (CEF) that invests in and develops European IT businesses. The company is headquartered in Vilnius and listed on the Nasdaq Vilnius stock exchange. INVL Technology owns 3 company groups: Novian (a Baltic IT company), NRD Companies (a GovTech company) and NRD Cyber Security (a cyber security company). INVL Technology develops businesses in order to create value for shareholders. Geographically it operates in various countries in Europe, Central America, South and Southeast Asia, and Sub-Saharan Africa.

INVL Technology UTIB (OVSE:INC1L) Headlines

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