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Arctic Blue Beverages AB (OSTO:ARCTIC) Equity-to-Asset : -0.10 (As of Mar. 2024)


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What is Arctic Blue Beverages AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arctic Blue Beverages AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr-1.61 Mil. Arctic Blue Beverages AB's Total Assets for the quarter that ended in Mar. 2024 was kr16.59 Mil. Therefore, Arctic Blue Beverages AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -0.10.

The historical rank and industry rank for Arctic Blue Beverages AB's Equity-to-Asset or its related term are showing as below:

OSTO:ARCTIC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.1   Med: 0.62   Max: 0.86
Current: -0.1

During the past 4 years, the highest Equity to Asset Ratio of Arctic Blue Beverages AB was 0.86. The lowest was -0.10. And the median was 0.62.

OSTO:ARCTIC's Equity-to-Asset is ranked worse than
95.83% of 216 companies
in the Beverages - Alcoholic industry
Industry Median: 0.505 vs OSTO:ARCTIC: -0.10

Arctic Blue Beverages AB Equity-to-Asset Historical Data

The historical data trend for Arctic Blue Beverages AB'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.

Arctic Blue Beverages AB Equity-to-Asset Chart

Arctic Blue Beverages AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.62 0.86 0.80 0.18

Arctic Blue Beverages AB Quarterly Data
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 0.71 0.59 0.44 0.18 -0.10

Competitive Comparison of Arctic Blue Beverages AB's Equity-to-Asset

For the Beverages - Wineries & Distilleries subindustry, Arctic Blue Beverages AB'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.


Arctic Blue Beverages AB's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Arctic Blue Beverages AB's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Arctic Blue Beverages AB's Equity-to-Asset falls into.



Arctic Blue Beverages AB 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.

Arctic Blue Beverages AB'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
=2.274/12.861
=0.18

Arctic Blue Beverages AB'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
=-1.61/16.586
=-0.10

* 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.


Arctic Blue Beverages AB  (OSTO:ARCTIC) 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%.


Arctic Blue Beverages AB Equity-to-Asset Related Terms

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Arctic Blue Beverages AB (OSTO:ARCTIC) Business Description

Traded in Other Exchanges
N/A
Address
Aleksanterinkatu 19, Helsinki, FIN, 00100
Arctic Blue Beverages AB is a beverage company whose products are Arctic Blue Gin, Arctic Blue Gin Navy Strength, Milk-free gin-based oat liqueur, and Arctic Blue Oat. The company invests heavily in international exports and its products are sold in Finland, Sweden, Japan, Australia, and more than a dozen other countries.

Arctic Blue Beverages AB (OSTO:ARCTIC) Headlines

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