Audientes AS (XSAT:AUDNTS) Equity-to-Asset : 0.28 (As of Dec. 2023)

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What is Audientes AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Audientes AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr4.02 Mil. Audientes AS's Total Assets for the quarter that ended in Dec. 2023 was kr14.39 Mil. Therefore, Audientes AS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.28.

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

XSAT:AUDNTS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.54 Max: 0.91
Current: 0.28

During the past 6 years, the highest Equity to Asset Ratio of Audientes AS was 0.91. The lowest was 0.28. And the median was 0.54.

XSAT:AUDNTS's Equity-to-Asset is ranked worse than
85.21% of 872 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs XSAT:AUDNTS: 0.28

Audientes AS Equity-to-Asset Historical Data

The historical data trend for Audientes AS'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.

Audientes AS Equity-to-Asset Chart

Audientes AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.51

0.91

0.81

0.49

0.28

Audientes AS Quarterly Data
	Dec18	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													0.49	0.46	0.36	0.25	0.28

Competitive Comparison of Audientes AS's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Audientes AS'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.

Audientes AS's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Audientes AS's Equity-to-Asset distribution charts can be found below:

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

Audientes AS 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.

Audientes AS'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
	=	4.02	/	14.394
	=	0.28

Audientes AS'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
	=	4.02	/	14.394
	=	0.28

Audientes AS (XSAT:AUDNTS) 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%.

Audientes AS Equity-to-Asset Related Terms

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

Audientes AS (XSAT:AUDNTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Audientes AS (XSAT:AUDNTS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Teknikerbyen 5, Virum, DNK, 2830

Website

https://www.audientes.com

Audientes AS is a technology company specializing in smart, self-fitting, and affordable hearing aids. Audientes' hearing aid solution ''Ven'', is available for purchase in the Indian market, online, and in retail, and will be introduced to the U.S over-the-counter market and other markets. The company's mission is to help the approximately 500 million people globally suffering from disabling hearing loss who either cannot afford to buy one of the very expensive hearing aids on the market.

Audientes AS (XSAT:AUDNTS) Headlines

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