Mandatum (OHEL:MANTA) Equity-to-Asset : 0.10 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Mandatum Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mandatum's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,637.2 Mil. Mandatum's Total Assets for the quarter that ended in Mar. 2024 was €16,921.2 Mil. Therefore, Mandatum's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.10.

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

OHEL:MANTA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1 Med: 0.1 Max: 0.11
Current: 0.1

During the past 3 years, the highest Equity to Asset Ratio of Mandatum was 0.11. The lowest was 0.10. And the median was 0.10.

OHEL:MANTA's Equity-to-Asset is ranked worse than
80.19% of 621 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs OHEL:MANTA: 0.10

Mandatum Equity-to-Asset Historical Data

The historical data trend for Mandatum'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.

Mandatum Equity-to-Asset Chart

Mandatum Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.11

0.10

Mandatum Quarterly Data
	Dec22	Mar23	Dec23	Mar24
Equity-to-Asset	0.11	-	0.10	0.10

Competitive Comparison of Mandatum's Equity-to-Asset

For the Financial Conglomerates subindustry, Mandatum'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.

Mandatum's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Mandatum's Equity-to-Asset distribution charts can be found below:

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

Mandatum 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.

Mandatum'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
	=	1599.3	/	16342.6
	=	0.10

Mandatum'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
	=	1637.2	/	16921.2
	=	0.10

Mandatum (OHEL:MANTA) 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%.

Mandatum Equity-to-Asset Related Terms

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

Mandatum (OHEL:MANTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mandatum PLC (OHEL:MANTA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

MANDF:USA 0MAN:UK N2S:Germany

Address

Bulevardi 56, Helsinki, FIN, 00120

Website

Mandatum PLC is a financial services provider offering a wide array of services covering asset and wealth management, savings and investment, compensation and rewards, complimentary pension plans and personal risk insurance to corporates, retail customers as well as institutional and wealth management customers. Mandatum serves a network of 20,000 Finnish corporates through its highly skilled sales force and customer relationship personnel, which gives opportunity to cross sell products from its broad offering.

Mandatum (OHEL:MANTA) Headlines

No Headlines