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ABAS Protect AB (XSAT:ABAS) Equity-to-Asset : 0.50 (As of Dec. 2023)


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What is ABAS Protect AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ABAS Protect AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr40.0 Mil. ABAS Protect AB's Total Assets for the quarter that ended in Dec. 2023 was kr79.2 Mil. Therefore, ABAS Protect AB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

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

XSAT:ABAS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.21   Max: 0.5
Current: 0.5

During the past 5 years, the highest Equity to Asset Ratio of ABAS Protect AB was 0.50. The lowest was 0.16. And the median was 0.21.

XSAT:ABAS's Equity-to-Asset is ranked better than
59.88% of 1685 companies
in the Construction industry
Industry Median: 0.44 vs XSAT:ABAS: 0.50

ABAS Protect AB Equity-to-Asset Historical Data

The historical data trend for ABAS Protect 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.

ABAS Protect AB Equity-to-Asset Chart

ABAS Protect AB Annual Data
Trend Nov19 Nov20 Nov21 Dec22 Dec23
Equity-to-Asset
0.16 0.21 0.16 0.41 0.50

ABAS Protect AB Quarterly Data
Nov19 Nov20 Nov21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.36 0.39 0.42 0.50

Competitive Comparison of ABAS Protect AB's Equity-to-Asset

For the Building Products & Equipment subindustry, ABAS Protect 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.


ABAS Protect AB's Equity-to-Asset Distribution in the Construction Industry

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

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



ABAS Protect 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.

ABAS Protect 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
=39.952/79.195
=0.50

ABAS Protect 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
=39.952/79.195
=0.50

* 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.


ABAS Protect AB  (XSAT:ABAS) 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%.


ABAS Protect AB Equity-to-Asset Related Terms

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ABAS Protect AB (XSAT:ABAS) Business Description

Traded in Other Exchanges
N/A
Address
Gislavedsvagen 3, Ambjornarp, SWE, SE-514 93
ABAS Protect AB is a privately owned family business that specializes in manufacturing area protection. It serves the Swedish market with safety products. Its product offerings comprise Gates, Fence, Booms & Bollards, Home & Villa gates, and fences, Preschool & children's cottage gates and fences, and Other products.

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