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Aker Carbon Capture ASA (LTS:0ZCB) Equity-to-Asset : 0.45 (As of Mar. 2024)


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What is Aker Carbon Capture ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aker Carbon Capture ASA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr649 Mil. Aker Carbon Capture ASA's Total Assets for the quarter that ended in Mar. 2024 was kr1,455 Mil. Therefore, Aker Carbon Capture ASA's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.45.

The historical rank and industry rank for Aker Carbon Capture ASA's Equity-to-Asset or its related term are showing as below:

LTS:0ZCB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.61   Max: 0.93
Current: 0.45

During the past 4 years, the highest Equity to Asset Ratio of Aker Carbon Capture ASA was 0.93. The lowest was 0.42. And the median was 0.61.

LTS:0ZCB's Equity-to-Asset is ranked worse than
67.77% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs LTS:0ZCB: 0.45

Aker Carbon Capture ASA Equity-to-Asset Historical Data

The historical data trend for Aker Carbon Capture ASA'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.

Aker Carbon Capture ASA Equity-to-Asset Chart

Aker Carbon Capture ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.93 0.67 0.68 0.42

Aker Carbon Capture ASA Quarterly Data
Jul20 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 0.54 0.54 0.45 0.42 0.45

Competitive Comparison of Aker Carbon Capture ASA's Equity-to-Asset

For the Pollution & Treatment Controls subindustry, Aker Carbon Capture ASA'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.


Aker Carbon Capture ASA's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aker Carbon Capture ASA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aker Carbon Capture ASA's Equity-to-Asset falls into.



Aker Carbon Capture ASA 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.

Aker Carbon Capture ASA'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
=701.956/1687.588
=0.42

Aker Carbon Capture ASA'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
=648.77/1454.797
=0.45

* 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.


Aker Carbon Capture ASA  (LTS:0ZCB) 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%.


Aker Carbon Capture ASA Equity-to-Asset Related Terms

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


Aker Carbon Capture ASA (LTS:0ZCB) Business Description

Traded in Other Exchanges
Address
Oksenoyveien 8, Lysaker, Baerum, NOR, 1366
Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.

Aker Carbon Capture ASA (LTS:0ZCB) Headlines

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