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European Institute of Science AB (XSAT:EURI B) Equity-to-Asset : 0.85 (As of Mar. 2024)


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What is European Institute of Science AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. European Institute of Science AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr1.24 Mil. European Institute of Science AB's Total Assets for the quarter that ended in Mar. 2024 was kr1.46 Mil. Therefore, European Institute of Science AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.85.

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

XSAT:EURI B' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.91   Max: 0.97
Current: 0.85

During the past 13 years, the highest Equity to Asset Ratio of European Institute of Science AB was 0.97. The lowest was 0.71. And the median was 0.91.

XSAT:EURI B's Equity-to-Asset is ranked better than
83.1% of 870 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs XSAT:EURI B: 0.85

European Institute of Science AB Equity-to-Asset Historical Data

The historical data trend for European Institute of Science 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.

European Institute of Science AB Equity-to-Asset Chart

European Institute of Science 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 0.72 0.88 0.94 0.96 0.92

European Institute of Science 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 0.96 0.92 0.93 0.92 0.85

Competitive Comparison of European Institute of Science AB's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, European Institute of Science 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.


European Institute of Science AB's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where European Institute of Science AB's Equity-to-Asset falls into.



European Institute of Science 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.

European Institute of Science 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
=1.923/2.094
=0.92

European Institute of Science 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
=1.244/1.46
=0.85

* 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.


European Institute of Science AB  (XSAT:EURI 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%.


European Institute of Science AB Equity-to-Asset Related Terms

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European Institute of Science AB (XSAT:EURI B) Business Description

Traded in Other Exchanges
N/A
Address
Scheelevägen 27, 4th Floor, Lund, SWE, 223 63
European Institute of Science AB is a manufacturer of diagnostic assays for the clinical laboratory and point-of-care settings, as well as, point-of-care instrumentation for diagnostic applications. It focuses on veterinary health, and provides diagnostic assays and instrumentation for canine, feline and equine animals.

European Institute of Science AB (XSAT:EURI B) Headlines

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