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Climeon AB (Climeon AB) Equity-to-Asset : 0.81 (As of Mar. 2024)


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What is Climeon AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Climeon AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $29.04 Mil. Climeon AB's Total Assets for the quarter that ended in Mar. 2024 was $35.92 Mil. Therefore, Climeon AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.81.

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

CLMOF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.68   Max: 0.84
Current: 0.81

During the past 9 years, the highest Equity to Asset Ratio of Climeon AB was 0.84. The lowest was 0.46. And the median was 0.68.

CLMOF's Equity-to-Asset is ranked better than
90.97% of 443 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs CLMOF: 0.81

Climeon AB Equity-to-Asset Historical Data

The historical data trend for Climeon 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.

Climeon AB Equity-to-Asset Chart

Climeon AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.76 0.67 0.65 0.75 0.76

Climeon AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.75 0.76 0.78 0.76 0.81

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

For the Utilities - Renewable subindustry, Climeon 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.


Climeon AB's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Climeon AB's Equity-to-Asset distribution charts can be found below:

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



Climeon 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.

Climeon 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
=31.571/41.332
=0.76

Climeon AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=29.04/35.916
=0.81

* 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.


Climeon AB  (OTCPK:CLMOF) 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%.


Climeon AB Equity-to-Asset Related Terms

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Climeon AB (Climeon AB) Business Description

Traded in Other Exchanges
Address
Torshamnsgatan 44, Stockholm, SWE, SE-164 40
Climeon AB operates in development and sales of technical solutions for the recycling and conversion of low-temperature heat into environmentally friendly and sustainable electricity. The company offers one product named Climeon Heat Power system which generates clean electricity from that heat, which is a waste heat recovery. Climeon operates in the following segments that are Geothermal, Industrial processes, power station and Maritime. The company operates in Sweden, Europe, North America, and Asia.

Climeon AB (Climeon AB) Headlines

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