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SkiStar AB (OSTO:SKIS B) Equity-to-Asset : 0.41 (As of Feb. 2024)


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What is SkiStar AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SkiStar AB's Total Stockholders Equity for the quarter that ended in Feb. 2024 was kr3,643 Mil. SkiStar AB's Total Assets for the quarter that ended in Feb. 2024 was kr8,844 Mil. Therefore, SkiStar AB's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.41.

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

OSTO:SKIS B' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.42   Max: 0.55
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of SkiStar AB was 0.55. The lowest was 0.32. And the median was 0.42.

OSTO:SKIS B's Equity-to-Asset is ranked worse than
57.77% of 843 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs OSTO:SKIS B: 0.41

SkiStar AB Equity-to-Asset Historical Data

The historical data trend for SkiStar 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.

SkiStar AB Equity-to-Asset Chart

SkiStar AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.42 0.40 0.42 0.40

SkiStar AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.39 0.43 0.40 0.34 0.41

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

For the Resorts & Casinos subindustry, SkiStar 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.


SkiStar AB's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SkiStar AB's Equity-to-Asset distribution charts can be found below:

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



SkiStar 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.

SkiStar AB's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=3482.497/8760.993
=0.40

SkiStar AB's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=3642.592/8843.865
=0.41

* 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.


SkiStar AB  (OSTO:SKIS B) 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%.


SkiStar AB Equity-to-Asset Related Terms

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


SkiStar AB (OSTO:SKIS B) Business Description

Traded in Other Exchanges
Address
Salfjallsgarden, Salen, SWE, 78067
SkiStar AB operates resorts in Scandinavia. The company manages and operates mountain ski resorts in Hemsedal and Trysil, in Norway, as well as in Salen, Are, and Vemdalen, in Sweden. It has its own online system where guests can book accommodations, ski passes, ski school lessons, and ski rentals. SkiStar operates its business in the below segments Operation of Mountain Resorts; Property Development and Operation of Hotels. The company also manages accommodation properties for hire, owns the land for development.

SkiStar AB (OSTO:SKIS B) Headlines

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