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Hurtigruten ASA (OSL:HRG) Equity-to-Asset : 0.24 (As of Sep. 2014)


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What is Hurtigruten ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hurtigruten ASA's Total Stockholders Equity for the quarter that ended in Sep. 2014 was kr1,093 Mil. Hurtigruten ASA's Total Assets for the quarter that ended in Sep. 2014 was kr4,607 Mil. Therefore, Hurtigruten ASA's Equity to Asset Ratio for the quarter that ended in Sep. 2014 was 0.24.

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

OSL:HRG's Equity-to-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

Hurtigruten ASA Equity-to-Asset Historical Data

The historical data trend for Hurtigruten 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.

Hurtigruten ASA Equity-to-Asset Chart

Hurtigruten ASA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.22 0.20 0.16 0.17

Hurtigruten ASA Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.20 0.17 0.16 0.18 0.24

Competitive Comparison of Hurtigruten ASA's Equity-to-Asset

For the Leisure subindustry, Hurtigruten 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.


Hurtigruten ASA's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hurtigruten ASA's Equity-to-Asset distribution charts can be found below:

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



Hurtigruten 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.

Hurtigruten ASA's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )=Total Stockholders Equity/Total Assets
=854.767/4964.741
=0.17

Hurtigruten ASA's Equity to Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

Equity to Asset (Q: Sep. 2014 )=Total Stockholders Equity/Total Assets
=1093.246/4607.357
=0.24

* 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.


Hurtigruten ASA  (OSL:HRG) 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%.


Hurtigruten ASA Equity-to-Asset Related Terms

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Hurtigruten ASA (OSL:HRG) Business Description

Traded in Other Exchanges
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Address
Hurtigruten AS is engaged in the transport & tourism activities in Norway & abroad. Its business consists of Hurtigruten service along the Norwegian coast, with daily calls in 34 ports between Bergen and Kirkenes & explorer activity in the Polar region.

Hurtigruten ASA (OSL:HRG) Headlines

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