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Umm Al Qaiwain General Investments Co (ADX:QIC) Equity-to-Asset : 0.87 (As of Sep. 2024)


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What is Umm Al Qaiwain General Investments Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Umm Al Qaiwain General Investments Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was د.إ656.01 Mil. Umm Al Qaiwain General Investments Co's Total Assets for the quarter that ended in Sep. 2024 was د.إ750.54 Mil. Therefore, Umm Al Qaiwain General Investments Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.87.

The historical rank and industry rank for Umm Al Qaiwain General Investments Co's Equity-to-Asset or its related term are showing as below:

ADX:QIC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.8   Med: 0.87   Max: 0.95
Current: 0.87

During the past 13 years, the highest Equity to Asset Ratio of Umm Al Qaiwain General Investments Co was 0.95. The lowest was 0.80. And the median was 0.87.

ADX:QIC's Equity-to-Asset is ranked better than
55.2% of 1703 companies
in the Asset Management industry
Industry Median: 0.84 vs ADX:QIC: 0.87

Umm Al Qaiwain General Investments Co Equity-to-Asset Historical Data

The historical data trend for Umm Al Qaiwain General Investments 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.

Umm Al Qaiwain General Investments Co Equity-to-Asset Chart

Umm Al Qaiwain General Investments Co Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.93 0.84 0.87 0.87

Umm Al Qaiwain General Investments Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.86 0.87 0.85 0.87 0.87

Competitive Comparison of Umm Al Qaiwain General Investments Co's Equity-to-Asset

For the Asset Management subindustry, Umm Al Qaiwain General Investments 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.


Umm Al Qaiwain General Investments Co's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Umm Al Qaiwain General Investments Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Umm Al Qaiwain General Investments Co's Equity-to-Asset falls into.



Umm Al Qaiwain General Investments 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.

Umm Al Qaiwain General Investments 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
=610.521/698.999
=0.87

Umm Al Qaiwain General Investments Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=656.01/750.539
=0.87

* 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.


Umm Al Qaiwain General Investments Co  (ADX:QIC) 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%.


Umm Al Qaiwain General Investments Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Umm Al Qaiwain General Investments Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Umm Al Qaiwain General Investments Co Business Description

Traded in Other Exchanges
Address
Al Ittihad Street, Fahad Al Salem Street, P.O.Box: 816, Building a Big Market Tower Floor 9, Al Raafah Kuwait: Al Dar Audit - Abdullah Muzaini, Umm Al-Qaiwain, ARE
Umm Al Qaiwain General Investments Co is engaged in real estate enterprise investment, development, and institution and management, funds and stock investments. The commercial activities of the company include investment in lands, buildings, education, health sector, general investments, among others. The two geographical segments in which the company operates comprise of the United Arab Emirates and the Gulf Cooperation Council.

Umm Al Qaiwain General Investments Co Headlines

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