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Sedana Medical AB (OSTO:SEDANA) Equity-to-Asset : 0.95 (As of Mar. 2024)


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What is Sedana Medical AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sedana Medical AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr988.5 Mil. Sedana Medical AB's Total Assets for the quarter that ended in Mar. 2024 was kr1,044.2 Mil. Therefore, Sedana Medical AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.95.

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

OSTO:SEDANA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.94   Max: 0.96
Current: 0.95

During the past 9 years, the highest Equity to Asset Ratio of Sedana Medical AB was 0.96. The lowest was 0.02. And the median was 0.94.

OSTO:SEDANA's Equity-to-Asset is ranked better than
98.05% of 873 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs OSTO:SEDANA: 0.95

Sedana Medical AB Equity-to-Asset Historical Data

The historical data trend for Sedana Medical 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.

Sedana Medical AB Equity-to-Asset Chart

Sedana Medical AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.96 0.92 0.94 0.95 0.96

Sedana Medical AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.95 0.96 0.96 0.95

Competitive Comparison of Sedana Medical AB's Equity-to-Asset

For the Medical Devices subindustry, Sedana Medical 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.


Sedana Medical AB's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sedana Medical AB's Equity-to-Asset distribution charts can be found below:

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



Sedana Medical 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.

Sedana Medical 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
=969.995/1014.057
=0.96

Sedana Medical 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
=988.542/1044.179
=0.95

* 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.


Sedana Medical AB  (OSTO:SEDANA) 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%.


Sedana Medical AB Equity-to-Asset Related Terms

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


Sedana Medical AB (OSTO:SEDANA) Business Description

Traded in Other Exchanges
Address
Vendevagen 89, Danderyd, SWE, SE-182 32
Sedana Medical AB is a Sweden-based medical technology company. It's Anaesthetic Conserving Device (AnaConDa) is an anaesthetic delivery system developed for the administration of volatile anaesthetics such as isoflurane or sevoflurane to invasively ventilated patients. AnaConDa is a small device that is inserted in the breathing circuit between the ET-Tube and the Y-piece. The product range of the group is AnaConDa, AnaConDa-S, AnaConDa syringe, FlurAbsorb-S, FlurAbsorb accessory kit, Nafion line, and others. The company operates in Sweden, Germany, Spain, Ireland, and France, out of which Germany accounts for the majority of the revenue.

Sedana Medical AB (OSTO:SEDANA) Headlines

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