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Sri Lanka Telecom (COL:SLTL.N0000) Equity-to-Asset : 0.36 (As of Mar. 2024)


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What is Sri Lanka Telecom Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sri Lanka Telecom's Total Stockholders Equity for the quarter that ended in Mar. 2024 was රු88,996 Mil. Sri Lanka Telecom's Total Assets for the quarter that ended in Mar. 2024 was රු247,238 Mil. Therefore, Sri Lanka Telecom's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.36.

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

COL:SLTL.N0000' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.41   Max: 0.54
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Sri Lanka Telecom was 0.54. The lowest was 0.36. And the median was 0.41.

COL:SLTL.N0000's Equity-to-Asset is ranked worse than
57.69% of 390 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs COL:SLTL.N0000: 0.36

Sri Lanka Telecom Equity-to-Asset Historical Data

The historical data trend for Sri Lanka Telecom'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.

Sri Lanka Telecom Equity-to-Asset Chart

Sri Lanka Telecom 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 0.37 0.41 0.43 0.38 0.36

Sri Lanka Telecom 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 0.38 0.37 0.37 0.36 0.36

Competitive Comparison of Sri Lanka Telecom's Equity-to-Asset

For the Telecom Services subindustry, Sri Lanka Telecom'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.


Sri Lanka Telecom's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sri Lanka Telecom's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sri Lanka Telecom's Equity-to-Asset falls into.



Sri Lanka Telecom 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.

Sri Lanka Telecom'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
=88501/246675
=0.36

Sri Lanka Telecom'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
=88996/247238
=0.36

* 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.


Sri Lanka Telecom  (COL:SLTL.N0000) 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%.


Sri Lanka Telecom Equity-to-Asset Related Terms

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


Sri Lanka Telecom (COL:SLTL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Lotus Road, P.O. Box 503, Telecom Headquarters, Colombo, LKA, 01
Sri Lanka Telecom PLC is the National Information and Communications Technology (ICT) solutions, and broadband and infrastructure services provider in Sri Lanka. It operates in three segments, namely, fixed ICT operations, mobile ICT operations, and other segment operations. Fixed ICT operations include the supply of fixed telecommunication services. Mobile ICT operations include the supply of mobile telecommunication services. Other segment operations include Directory publication and support services.

Sri Lanka Telecom (COL:SLTL.N0000) Headlines

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