GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Vilniaus Baldai AB (OVSE:VBL1L) » Definitions » Equity-to-Asset

Vilniaus Baldai AB (OVSE:VBL1L) Equity-to-Asset : 0.41 (As of Feb. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Vilniaus Baldai AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vilniaus Baldai AB's Total Stockholders Equity for the quarter that ended in Feb. 2024 was €34.8 Mil. Vilniaus Baldai AB's Total Assets for the quarter that ended in Feb. 2024 was €84.2 Mil. Therefore, Vilniaus Baldai AB's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.41.

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

OVSE:VBL1L' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.35   Max: 0.66
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Vilniaus Baldai AB was 0.66. The lowest was 0.26. And the median was 0.35.

OVSE:VBL1L's Equity-to-Asset is ranked worse than
73.24% of 426 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.555 vs OVSE:VBL1L: 0.41

Vilniaus Baldai AB Equity-to-Asset Historical Data

The historical data trend for Vilniaus Baldai 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.

Vilniaus Baldai AB Equity-to-Asset Chart

Vilniaus Baldai AB Annual Data
Trend Dec13 Dec14 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.30 0.29 0.31 0.35

Vilniaus Baldai AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.30 0.33 0.35 0.37 0.41

Competitive Comparison of Vilniaus Baldai AB's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Vilniaus Baldai 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.


Vilniaus Baldai AB's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vilniaus Baldai AB's Equity-to-Asset distribution charts can be found below:

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



Vilniaus Baldai 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.

Vilniaus Baldai AB's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=28.122/81.451
=0.35

Vilniaus Baldai AB's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=34.824/84.16
=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.


Vilniaus Baldai AB  (OVSE:VBL1L) 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%.


Vilniaus Baldai AB Equity-to-Asset Related Terms

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


Vilniaus Baldai AB (OVSE:VBL1L) Business Description

Traded in Other Exchanges
N/A
Address
Pramones street 23, Guopstu k., Traku r., Vilnius, LTU, 21148
Vilniaus Baldai AB is a Lithuania-based manufacturer of lightweight construction cabinet furniture. It operates in one segment that is furniture which includes sales of raw materials and finished production. It derives the majority of its revenue from the sale of furniture in the European Union countries followed by non-European Union countries and Lithuania.

Vilniaus Baldai AB (OVSE:VBL1L) Headlines

No Headlines