Cool Co (OSL:CLCO) Equity-to-Asset : 0.36 (As of Dec. 2023)

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What is Cool Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cool Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr7,764 Mil. Cool Co's Total Assets for the quarter that ended in Dec. 2023 was kr21,700 Mil. Therefore, Cool Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.36.

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

OSL:CLCO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.36 Max: 0.39
Current: 0.36

During the past 3 years, the highest Equity to Asset Ratio of Cool Co was 0.39. The lowest was 0.31. And the median was 0.36.

OSL:CLCO's Equity-to-Asset is ranked worse than
68.04% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.5 vs OSL:CLCO: 0.36

Cool Co Equity-to-Asset Historical Data

The historical data trend for Cool Co'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.

Cool Co Equity-to-Asset Chart

Cool Co Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.39

0.31

0.36

Cool Co Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.31	0.33	0.36	0.36

Competitive Comparison of Cool Co's Equity-to-Asset

For the Oil & Gas Midstream subindustry, Cool Co'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.

Cool Co's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cool Co's Equity-to-Asset distribution charts can be found below:

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

Cool Co 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.

Cool Co'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
	=	7764.253	/	21699.514
	=	0.36

Cool Co'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
	=	7764.253	/	21699.514
	=	0.36

Cool Co (OSL:CLCO) 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%.

Cool Co Equity-to-Asset Related Terms

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Cool Co (OSL:CLCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cool Co Ltd (OSL:CLCO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

CLCO:USA HQ3:Germany HQ3:Germany

Address

9 Par-La-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11

Website

https://www.coolcoltd.com

Cool Co Ltd is a LNG shipping company. The company operates and manages the fuel-efficient LNGCs providing critical supply chain support to the international energy industry and flexible LNG transportation solutions, providing a lesser-emitting form of energy to help enable decarbonization efforts. Geographical presence of the company is in Singapore, Europe, Asia, Dutch, Japan and other International LNG trader.