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Bjorn Borg AB (FRA:6BB0) Equity-to-Asset : 0.57 (As of Dec. 2023)


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What is Bjorn Borg AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bjorn Borg AB's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €31.93 Mil. Bjorn Borg AB's Total Assets for the quarter that ended in Dec. 2023 was €56.46 Mil. Therefore, Bjorn Borg AB's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.57.

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

FRA:6BB0' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.5   Max: 0.57
Current: 0.57

During the past 13 years, the highest Equity to Asset Ratio of Bjorn Borg AB was 0.57. The lowest was 0.39. And the median was 0.50.

FRA:6BB0's Equity-to-Asset is ranked better than
57.22% of 1087 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs FRA:6BB0: 0.57

Bjorn Borg AB Equity-to-Asset Historical Data

The historical data trend for Bjorn Borg 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.

Bjorn Borg AB Equity-to-Asset Chart

Bjorn Borg 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 0.39 0.48 0.50 0.51 0.57

Bjorn Borg 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 0.51 0.57 0.51 0.52 0.57

Competitive Comparison of Bjorn Borg AB's Equity-to-Asset

For the Apparel Manufacturing subindustry, Bjorn Borg 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.


Bjorn Borg AB's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bjorn Borg AB's Equity-to-Asset distribution charts can be found below:

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



Bjorn Borg 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.

Bjorn Borg 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
=31.926/56.457
=0.57

Bjorn Borg 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
=31.926/56.457
=0.57

* 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.


Bjorn Borg AB  (FRA:6BB0) 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%.


Bjorn Borg AB Equity-to-Asset Related Terms

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Bjorn Borg AB (FRA:6BB0) Business Description

Traded in Other Exchanges
Address
Frösundaviks allé 1, Solna, Stockholm, SWE, SE-169 70
Bjorn Borg AB is engaged in the apparel industry. It owns the Bjorn Borg brand, through which it offers fashion underwear, sportswear, fragrances, footwear, bags, luggage, eyewear, and home products. The company operates in the segments of Wholesale, Consumer Direct, Distributors, and Licensing. A majority of the revenue is derived from the Wholesale segment which consists of revenue and expenses associated with the company's wholesale operations. The Group has wholesale operations in Sweden, Finland, the Netherlands, Belgium, Germany, and England for apparel and underwear as well as in Sweden, Finland, and the Baltic countries for footwear. Geographically, it derives a majority of revenue from Sweden.

Bjorn Borg AB (FRA:6BB0) Headlines

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