Air Astana JSC (LSE:AIRA) Equity-to-Asset : 0.16 (As of Dec. 2023)

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What is Air Astana JSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Air Astana JSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $213.4 Mil. Air Astana JSC's Total Assets for the quarter that ended in Dec. 2023 was $1,362.4 Mil. Therefore, Air Astana JSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.16.

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

LSE:AIRA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: 0.16
Current: 0.16

During the past 4 years, the highest Equity to Asset Ratio of Air Astana JSC was 0.16. The lowest was 0.02. And the median was 0.09.

LSE:AIRA's Equity-to-Asset is ranked worse than
88.25% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs LSE:AIRA: 0.16

Air Astana JSC Equity-to-Asset Historical Data

The historical data trend for Air Astana JSC'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.

Air Astana JSC Equity-to-Asset Chart

Air Astana JSC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.02

0.06

0.12

0.16

Air Astana JSC Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.06	-	0.12	0.16	0.16

Competitive Comparison of Air Astana JSC's Equity-to-Asset

For the Airlines subindustry, Air Astana JSC'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.

Air Astana JSC's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air Astana JSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Air Astana JSC's Equity-to-Asset falls into.

Air Astana JSC 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.

Air Astana JSC'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
	=	213.359	/	1362.444
	=	0.16

Air Astana JSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	213.359	/	1362.444
	=	0.16

Air Astana JSC (LSE:AIRA) 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%.

Air Astana JSC Equity-to-Asset Related Terms

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

Air Astana JSC (LSE:AIRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Astana JSC (LSE:AIRA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

AIRA:Kazakhstan

Address

4A Zakarpatskaya Street, Turksib District, Almaty, KAZ, 010000

Website

https://www.airastana.com

Air Astana JSC is an airline company. It provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, intra-regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East and Asia (including India and China) and has a fleet of 47 aircraft. The company group has two operating segments, Air Astana and FlyArystan. Air Astana's activities consist of mainly domestic and international passenger and cargo air transportation as a full-service brand. Fly Arystan activities consist of mainly domestic and international passenger and cargo air transportation as a low-cost brand. Maximum revenue is generated from the Air Astana segment.

Air Astana JSC (LSE:AIRA) Headlines

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