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Teleste Oyj (OHEL:TLT1V) Equity-to-Asset : 0.48 (As of Mar. 2024)


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What is Teleste Oyj Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Teleste Oyj's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €61.0 Mil. Teleste Oyj's Total Assets for the quarter that ended in Mar. 2024 was €128.3 Mil. Therefore, Teleste Oyj's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.48.

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

OHEL:TLT1V' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.48   Max: 0.53
Current: 0.46

During the past 13 years, the highest Equity to Asset Ratio of Teleste Oyj was 0.53. The lowest was 0.40. And the median was 0.48.

OHEL:TLT1V's Equity-to-Asset is ranked worse than
66.72% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs OHEL:TLT1V: 0.46

Teleste Oyj Equity-to-Asset Historical Data

The historical data trend for Teleste Oyj'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.

Teleste Oyj Equity-to-Asset Chart

Teleste Oyj 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 0.49 0.47 0.51 0.40 0.46

Teleste Oyj 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 0.41 0.45 0.48 0.46 0.48

Competitive Comparison of Teleste Oyj's Equity-to-Asset

For the Communication Equipment subindustry, Teleste Oyj'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.


Teleste Oyj's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Teleste Oyj's Equity-to-Asset distribution charts can be found below:

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



Teleste Oyj 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.

Teleste Oyj'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
=61.315/134.702
=0.46

Teleste Oyj'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
=61.024/128.253
=0.48

* 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.


Teleste Oyj  (OHEL:TLT1V) 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%.


Teleste Oyj Equity-to-Asset Related Terms

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


Teleste Oyj (OHEL:TLT1V) Business Description

Traded in Other Exchanges
Address
Telestenkatu 1, P.O. Box 323, Littoinen, FIN, 20660
Teleste Oyj is an integrated product and service portfolio that makes it possible to build a networked and secure society. The group's solutions enable television and broadband services, secure safety in public places, and support the smooth use of public transport. The group also operates in broadband, security, information technologies, and related services. Its geographical segments are Finland, Nordic countries, Other Europe, and Others.

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