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Vow Green Metals AS (OSL:VGM) Equity-to-Asset : 0.55 (As of Dec. 2023)


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What is Vow Green Metals AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vow Green Metals AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr99.97 Mil. Vow Green Metals AS's Total Assets for the quarter that ended in Dec. 2023 was kr183.17 Mil. Therefore, Vow Green Metals AS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.55.

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

OSL:VGM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.97   Max: 1
Current: 0.55

During the past 4 years, the highest Equity to Asset Ratio of Vow Green Metals AS was 1.00. The lowest was 0.55. And the median was 0.97.

OSL:VGM's Equity-to-Asset is ranked better than
66.12% of 245 companies
in the Waste Management industry
Industry Median: 0.44 vs OSL:VGM: 0.55

Vow Green Metals AS Equity-to-Asset Historical Data

The historical data trend for Vow Green Metals AS'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.

Vow Green Metals AS Equity-to-Asset Chart

Vow Green Metals AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
1.00 0.98 0.96 0.55

Vow Green Metals AS Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.98 0.42 0.96 0.35 0.55

Competitive Comparison of Vow Green Metals AS's Equity-to-Asset

For the Waste Management subindustry, Vow Green Metals AS'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.


Vow Green Metals AS's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Vow Green Metals AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vow Green Metals AS's Equity-to-Asset falls into.



Vow Green Metals AS 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.

Vow Green Metals AS'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
=99.974/183.171
=

Vow Green Metals AS'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
=99.974/183.171
=0.55

* 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.


Vow Green Metals AS  (OSL:VGM) 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%.


Vow Green Metals AS Equity-to-Asset Related Terms

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


Vow Green Metals AS (OSL:VGM) Business Description

Traded in Other Exchanges
Address
Lysaker Torg 12, Lysaker, NOR, 1366
Vow Green Metals AS is engaged in preventing pollution. The solutions of the company convert biomass and waste into valuable resources and generate clean energy for a wide range of industries.

Vow Green Metals AS (OSL:VGM) Headlines

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