VIK (Viking Holdings) Equity-to-Asset : -0.13 (As of Jun. 2024)

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What is Viking Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Viking Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-1,184 Mil. Viking Holdings's Total Assets for the quarter that ended in Jun. 2024 was $8,983 Mil. Therefore, Viking Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was -0.13.

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

VIK' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.67 Med: -0.53 Max: -0.13
Current: -0.13

During the past 3 years, the highest Equity to Asset Ratio of Viking Holdings was -0.13. The lowest was -0.67. And the median was -0.53.

VIK's Equity-to-Asset is ranked worse than
93.29% of 835 companies
in the Travel & Leisure industry
Industry Median: 0.5 vs VIK: -0.13

Viking Holdings Equity-to-Asset Historical Data

The historical data trend for Viking Holdings'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.

Viking Holdings Equity-to-Asset Chart

Viking Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

-0.51

-0.45

-0.63

Viking Holdings Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Equity-to-Asset	Get a 7-Day Free Trial				-	-0.55	-0.63	-0.67	-0.13

Competitive Comparison of Viking Holdings's Equity-to-Asset

For the Travel Services subindustry, Viking Holdings'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.

Viking Holdings's Equity-to-Asset Distribution in the Travel & Leisure Industry

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

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

Viking Holdings 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.

Viking Holdings'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
	=	-5353.603	/	8495.917
	=	-0.63

Viking Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	-1184.209	/	8982.671
	=	-0.13

Viking Holdings (NYSE:VIK) 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%.

Viking Holdings Equity-to-Asset Related Terms

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Viking Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Viking Holdings Ltd (NYSE:VIK) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 Pitts Bay Road, Pembroke, BMU, HM 08

Website

https://www.viking.com

Viking Holdings Ltd is a travel company, with a fleet of 92 small, state-of-the-art ships, which view as floating hotels. It offer travel experiences on all seven continents in all three categories of the cruise industry—river, ocean and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment provides ocean cruises to English-speaking passengers. Other includes operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers ("Expedition"), Mississippi River cruises for English-speaking passengers, Viking China, which includes cruises for Mandarin.