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Recyctec Holding AB (XSAT:RECY B) Equity-to-Asset : -0.26 (As of Mar. 2024)


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What is Recyctec Holding AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Recyctec Holding AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr-3.12 Mil. Recyctec Holding AB's Total Assets for the quarter that ended in Mar. 2024 was kr12.26 Mil. Therefore, Recyctec Holding AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -0.26.

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

XSAT:RECY B' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.26   Med: 0.49   Max: 0.69
Current: -0.26

During the past 11 years, the highest Equity to Asset Ratio of Recyctec Holding AB was 0.69. The lowest was -0.26. And the median was 0.49.

XSAT:RECY B's Equity-to-Asset is ranked worse than
98.53% of 1566 companies
in the Chemicals industry
Industry Median: 0.59 vs XSAT:RECY B: -0.26

Recyctec Holding AB Equity-to-Asset Historical Data

The historical data trend for Recyctec Holding 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.

Recyctec Holding AB Equity-to-Asset Chart

Recyctec Holding AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.34 0.54 0.53 -0.12

Recyctec Holding AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.12 0.37 0.29 0.05 -0.26

Competitive Comparison of Recyctec Holding AB's Equity-to-Asset

For the Specialty Chemicals subindustry, Recyctec Holding 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.


Recyctec Holding AB's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Recyctec Holding AB's Equity-to-Asset distribution charts can be found below:

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



Recyctec Holding 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.

Recyctec Holding AB'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
=-2.319/18.985
=-0.12

Recyctec Holding 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
=-3.123/12.255
=-0.25

* 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.


Recyctec Holding AB  (XSAT:RECY 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%.


Recyctec Holding AB Equity-to-Asset Related Terms

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Recyctec Holding AB (XSAT:RECY B) Business Description

Traded in Other Exchanges
N/A
Address
Scheelevagen 15, Ideon Sience Park, Lund, SWE, 223 70
Recyctec Holding AB is a holding company. The company manufactures glycol which is used in cooler, mainly in internal combustion engines. Its product and services include Analysis of Glycol type, Return of Used Glycol, EarthCare Glycol - HTF and Car coolant and Technical Glycol.

Recyctec Holding AB (XSAT:RECY B) Headlines

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