SalMar ASA (OSL:SALM) Equity-to-Asset : 0.37 (As of Dec. 2023)

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What is SalMar ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SalMar ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr19,901 Mil. SalMar ASA's Total Assets for the quarter that ended in Dec. 2023 was kr53,331 Mil. Therefore, SalMar ASA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.37.

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

OSL:SALM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.48 Max: 0.6
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of SalMar ASA was 0.60. The lowest was 0.31. And the median was 0.48.

OSL:SALM's Equity-to-Asset is ranked worse than
72.47% of 1918 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs OSL:SALM: 0.37

SalMar ASA Equity-to-Asset Historical Data

The historical data trend for SalMar 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.

SalMar ASA Equity-to-Asset Chart

SalMar ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.50

0.45

0.47

0.31

0.37

SalMar ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.31	0.33	0.28	0.35	0.37

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

For the Farm Products subindustry, SalMar 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.

SalMar ASA's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's Equity-to-Asset distribution charts can be found below:

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

SalMar 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.

SalMar 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
	=	19901.036	/	53330.911
	=	0.37

SalMar ASA'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
	=	19901.036	/	53330.911
	=	0.37

SalMar ASA (OSL:SALM) 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%.

SalMar ASA Equity-to-Asset Related Terms

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

SalMar ASA (OSL:SALM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SalMar ASA (OSL:SALM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SALRY:USA SALRF:USA SALMO:Sweden 0FWY:UK JEP:Germany

Address

Industriveien 51, Kverva, NOR, N-7266

Website

https://www.salmar.no

SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material. Customers include importers, exporters, and larger processing companies and retail chains.