Grab2Go AS (OTSE:GRB2G) Equity-to-Asset : 0.95 (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Grab2Go AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grab2Go AS's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €1.04 Mil. Grab2Go AS's Total Assets for the quarter that ended in Jun. 2023 was €1.09 Mil.

The historical rank and industry rank for Grab2Go AS's Equity-to-Asset or its related term are showing as below:

OTSE:GRB2G' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62 Med: 0.79 Max: 0.95
Current: 0.95

During the past 2 years, the highest Equity to Asset Ratio of Grab2Go AS was 0.95. The lowest was 0.62. And the median was 0.79.

OTSE:GRB2G's Equity-to-Asset is ranked better than
99.11% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs OTSE:GRB2G: 0.95

Grab2Go AS Equity-to-Asset Historical Data

The historical data trend for Grab2Go AS'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.

Grab2Go AS Equity-to-Asset Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Equity-to-Asset

0.77

0.62

Grab2Go AS Semi-Annual Data
	Jun22	Dec22	Jun23
Equity-to-Asset	-	0.62	0.95

Competitive Comparison of Grab2Go AS's Equity-to-Asset

For the Business Equipment & Supplies subindustry, Grab2Go AS'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.

Grab2Go AS's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Grab2Go AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Grab2Go AS's Equity-to-Asset falls into.

Grab2Go AS 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.

Grab2Go AS'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
	=	0.58	/	0.938
	=	0.62

Grab2Go AS's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1.041	/	1.093
	=

Grab2Go AS (OTSE:GRB2G) 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%.

Grab2Go AS Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Grab2Go AS's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Grab2Go AS (OTSE:GRB2G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grab2Go AS (OTSE:GRB2G) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings and a better consumer experience in the operation of convenience stores, pharmacies and other similar points of sale. The company has developed a completely unique Cloud Platform to remotely manage and operate Its Autonomous Stores in Real-Time. Grab2Go earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments) and software development.

Grab2Go AS (OTSE:GRB2G) Headlines

No Headlines