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Xbrane Biopharma AB (OSTO:XBRANE) Equity-to-Asset : 0.44 (As of Mar. 2024)


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What is Xbrane Biopharma AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Xbrane Biopharma AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr394.1 Mil. Xbrane Biopharma AB's Total Assets for the quarter that ended in Mar. 2024 was kr898.7 Mil. Therefore, Xbrane Biopharma AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.44.

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

OSTO:XBRANE' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.08   Med: 0.56   Max: 0.94
Current: 0.44

During the past 11 years, the highest Equity to Asset Ratio of Xbrane Biopharma AB was 0.94. The lowest was -0.08. And the median was 0.56.

OSTO:XBRANE's Equity-to-Asset is ranked worse than
68.33% of 1560 companies
in the Biotechnology industry
Industry Median: 0.67 vs OSTO:XBRANE: 0.44

Xbrane Biopharma AB Equity-to-Asset Historical Data

The historical data trend for Xbrane Biopharma 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.

Xbrane Biopharma AB Equity-to-Asset Chart

Xbrane Biopharma AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.56 0.63 0.62 0.26

Xbrane Biopharma 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 0.56 0.40 0.37 0.26 0.44

Competitive Comparison of Xbrane Biopharma AB's Equity-to-Asset

For the Biotechnology subindustry, Xbrane Biopharma 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.


Xbrane Biopharma AB's Equity-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Xbrane Biopharma AB's Equity-to-Asset distribution charts can be found below:

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



Xbrane Biopharma 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.

Xbrane Biopharma 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
=171.335/653.508
=0.26

Xbrane Biopharma 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
=394.119/898.65
=0.44

* 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.


Xbrane Biopharma AB  (OSTO:XBRANE) 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%.


Xbrane Biopharma AB Equity-to-Asset Related Terms

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Xbrane Biopharma AB (OSTO:XBRANE) Business Description

Traded in Other Exchanges
Address
Retzius vag 8, Solna, SWE, 171 65
Xbrane Biopharma AB is a biotechnology company that develops biosimilars. The company has a patented protein production platform with up to 12 times greater productivity than standard systems for the production of proteins in E.coli host cells. Xbrane's leading product candidate is Ximluci, a ranibizumab biosimilar (original drug Lucentis) used in the treatment of various eye diseases, mainly the wet form of age-related macular degeneration. The company's geographical segments include the Middle East, Asia, Europe, and the United States.

Xbrane Biopharma AB (OSTO:XBRANE) Headlines

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