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Alargan International Real Estate Co (KUW:ARGAN) Equity-to-Asset : 0.33 (As of Mar. 2024)


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What is Alargan International Real Estate Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alargan International Real Estate Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD83.18 Mil. Alargan International Real Estate Co's Total Assets for the quarter that ended in Mar. 2024 was KWD254.59 Mil. Therefore, Alargan International Real Estate Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.33.

The historical rank and industry rank for Alargan International Real Estate Co's Equity-to-Asset or its related term are showing as below:

KUW:ARGAN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.36   Max: 0.59
Current: 0.33

During the past 13 years, the highest Equity to Asset Ratio of Alargan International Real Estate Co was 0.59. The lowest was 0.31. And the median was 0.36.

KUW:ARGAN's Equity-to-Asset is ranked worse than
66.12% of 1836 companies
in the Real Estate industry
Industry Median: 0.44 vs KUW:ARGAN: 0.33

Alargan International Real Estate Co Equity-to-Asset Historical Data

The historical data trend for Alargan International Real Estate Co'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.

Alargan International Real Estate Co Equity-to-Asset Chart

Alargan International Real Estate Co 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 0.39 0.34 0.34 0.33 0.33

Alargan International Real Estate Co 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 0.32 0.31 0.31 0.33 0.33

Competitive Comparison of Alargan International Real Estate Co's Equity-to-Asset

For the Real Estate Services subindustry, Alargan International Real Estate Co'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.


Alargan International Real Estate Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alargan International Real Estate Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Alargan International Real Estate Co's Equity-to-Asset falls into.



Alargan International Real Estate Co 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.

Alargan International Real Estate Co'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
=84.462/254.851
=0.33

Alargan International Real Estate Co'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
=83.177/254.594
=0.33

* 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.


Alargan International Real Estate Co  (KUW:ARGAN) 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%.


Alargan International Real Estate Co Equity-to-Asset Related Terms

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Alargan International Real Estate Co (KUW:ARGAN) Business Description

Traded in Other Exchanges
N/A
Address
Free Trade Zone, Argan Business Park, P.O.Box 8904, Shuwaikh (Block F98), Kuwait City, KWT, 22060
Alargan International Real Estate Co is a real estate company in Kuwait. Its activities are represented primarily in real estate investment activity, contracting activities and hotels and resorts activities. Its operating segments include Real estate investment, Contracting, Hotels, and resorts. The group primarily operates inside Kuwait and outside Kuwait which includes the Kingdom of Saudi Arabia, Kingdom of Bahrain, Arab Republic of Egypt, Sultanate of Oman, and the Republic of Lebanon. Geographically the company receives maximum revenue from inside Kuwait.

Alargan International Real Estate Co (KUW:ARGAN) Headlines

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