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Tobii AB (STU:24T) Equity-to-Asset : 0.49 (As of Dec. 2023)


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What is Tobii AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tobii AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €50.24 Mil. Tobii AB's Total Assets for the quarter that ended in Dec. 2023 was €102.72 Mil. Therefore, Tobii AB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

STU:24T' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.62   Max: 0.77
Current: 0.49

During the past 12 years, the highest Equity to Asset Ratio of Tobii AB was 0.77. The lowest was 0.34. And the median was 0.62.

STU:24T's Equity-to-Asset is ranked worse than
62.47% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs STU:24T: 0.49

Tobii AB Equity-to-Asset Historical Data

The historical data trend for Tobii 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.

Tobii AB Equity-to-Asset Chart

Tobii 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 0.41 0.34 0.69 0.61 0.49

Tobii AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.61 0.57 0.54 0.50 0.49

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

For the Computer Hardware subindustry, Tobii 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.


Tobii AB's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tobii AB's Equity-to-Asset distribution charts can be found below:

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



Tobii 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.

Tobii 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
=50.241/102.717
=0.49

Tobii AB'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
=50.241/102.717
=0.49

* 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.


Tobii AB  (STU:24T) 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%.


Tobii AB Equity-to-Asset Related Terms

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


Tobii AB (STU:24T) Business Description

Traded in Other Exchanges
Address
Karlsrovagen 2D, Danderyd, SWE, S-182 53
Tobii AB, along with its subsidiaries, provides eye-tracking solutions. The group comprises three business units: Tobii Dynavox, Tobii Pro and Tobii Tech. Tobii Dynavox provides assistive technology for communication. Tobii Pro is a provider of eye-tracking solutions and services to study human behavior. Tobii Tech provides eye-tracking components and platforms. Business operations of the company are functioned through Sweden, Europe, the USA, Asia/Oceania, and Other countries. It derives a majority of revenue from the USA.

Tobii AB (STU:24T) Headlines

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