GURUFOCUS.COM » STOCK LIST » Technology » Software » Plexian AB (OSTO:PLEX) » Definitions » Equity-to-Asset

Plexian AB (OSTO:PLEX) Equity-to-Asset : 0.77 (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Plexian AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Plexian AB's Total Stockholders Equity for the quarter that ended in Sep. 2023 was kr26.19 Mil. Plexian AB's Total Assets for the quarter that ended in Sep. 2023 was kr33.88 Mil. Therefore, Plexian AB's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.77.

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

OSTO:PLEX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.8   Max: 0.89
Current: 0.77

During the past 4 years, the highest Equity to Asset Ratio of Plexian AB was 0.89. The lowest was 0.24. And the median was 0.80.

OSTO:PLEX's Equity-to-Asset is ranked better than
80.58% of 2852 companies
in the Software industry
Industry Median: 0.55 vs OSTO:PLEX: 0.77

Plexian AB Equity-to-Asset Historical Data

The historical data trend for Plexian 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.

Plexian AB Equity-to-Asset Chart

Plexian AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
0.24 0.48 0.86 0.61

Plexian AB Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.61 0.80 0.82 0.77

Competitive Comparison of Plexian AB's Equity-to-Asset

For the Information Technology Services subindustry, Plexian 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.


Plexian AB's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Plexian AB's Equity-to-Asset distribution charts can be found below:

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



Plexian 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.

Plexian AB's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=38.976/63.754
=0.61

Plexian AB's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=26.194/33.884
=0.77

* 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.


Plexian AB  (OSTO:PLEX) 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%.


Plexian AB Equity-to-Asset Related Terms

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


Plexian AB (OSTO:PLEX) Business Description

Traded in Other Exchanges
Address
Gustav Adolfs Torg 8 B, Malmo, SWE, 211 39
Plexian AB is a FinTech company. The company has developed a transaction-based loyalty platform - Edge - a sales-driven loyalty platform that generates offers for customers who use the Visa card belonging to the platform for their payments. The data generated by the transactions is used in Edge to provide customers with tailor-made offers that improve daily consumption and increase customer loyalty.

Plexian AB (OSTO:PLEX) Headlines

No Headlines