GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Bindar Trading & Investment Co PLC (AMM:BIND) » Definitions » Equity-to-Asset

Bindar Trading & Investment Co (AMM:BIND) Equity-to-Asset : 0.37 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Bindar Trading & Investment Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bindar Trading & Investment Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was JOD47.07 Mil. Bindar Trading & Investment Co's Total Assets for the quarter that ended in Mar. 2024 was JOD126.56 Mil. Therefore, Bindar Trading & Investment Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.37.

The historical rank and industry rank for Bindar Trading & Investment Co's Equity-to-Asset or its related term are showing as below:

AMM:BIND' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.58   Max: 0.69
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of Bindar Trading & Investment Co was 0.69. The lowest was 0.37. And the median was 0.58.

AMM:BIND's Equity-to-Asset is ranked worse than
50.09% of 541 companies
in the Credit Services industry
Industry Median: 0.37 vs AMM:BIND: 0.37

Bindar Trading & Investment Co Equity-to-Asset Historical Data

The historical data trend for Bindar Trading & Investment 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.

Bindar Trading & Investment Co Equity-to-Asset Chart

Bindar Trading & Investment 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 0.62 0.50 0.44 0.43 0.38

Bindar Trading & Investment 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 0.43 0.40 0.39 0.38 0.37

Competitive Comparison of Bindar Trading & Investment Co's Equity-to-Asset

For the Credit Services subindustry, Bindar Trading & Investment 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.


Bindar Trading & Investment Co's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Bindar Trading & Investment Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Bindar Trading & Investment Co's Equity-to-Asset falls into.



Bindar Trading & Investment 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.

Bindar Trading & Investment 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
=45.83/121.212
=0.38

Bindar Trading & Investment 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
=47.066/126.564
=0.37

* 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.


Bindar Trading & Investment Co  (AMM:BIND) 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%.


Bindar Trading & Investment Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Bindar Trading & Investment Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Bindar Trading & Investment Co (AMM:BIND) Business Description

Traded in Other Exchanges
N/A
Address
Al Madinah, Al-Monawrah Street, Al Saad building No.241, PO Box 1921, Amman, JOR, 1115
Bindar Trading & Investment Co PLC is a public joint-stock company. It provides consumer financing; finance leasing and real estate financing. The company's services include Property finance; Financing vehicles; Financing durable goods and Financing projects. It also buys, sells, and finances apartments and residential land. The Company's main activity has been focused since its inception on Car loans & Real-estate loans.

Bindar Trading & Investment Co (AMM:BIND) Headlines

No Headlines