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Taqa Morocco (CAS:TQM) Equity-to-Asset : 0.30 (As of Jun. 2024)


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What is Taqa Morocco Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Taqa Morocco's Total Stockholders Equity for the quarter that ended in Jun. 2024 was MAD6,138 Mil. Taqa Morocco's Total Assets for the quarter that ended in Jun. 2024 was MAD20,818 Mil. Therefore, Taqa Morocco's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.30.

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

CAS:TQM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.26   Max: 0.3
Current: 0.3

During the past 13 years, the highest Equity to Asset Ratio of Taqa Morocco was 0.30. The lowest was 0.18. And the median was 0.26.

CAS:TQM's Equity-to-Asset is ranked worse than
65.7% of 449 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs CAS:TQM: 0.30

Taqa Morocco Equity-to-Asset Historical Data

The historical data trend for Taqa Morocco'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.

Taqa Morocco Equity-to-Asset Chart

Taqa Morocco 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 0.29 0.28 0.30 0.28 0.29

Taqa Morocco Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.26 0.28 0.26 0.29 0.30

Competitive Comparison of Taqa Morocco's Equity-to-Asset

For the Utilities - Independent Power Producers subindustry, Taqa Morocco'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.


Taqa Morocco's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Taqa Morocco's Equity-to-Asset falls into.



Taqa Morocco 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.

Taqa Morocco'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
=6437.597/22246.578
=0.29

Taqa Morocco's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=6138.015/20818.018
=0.29

* 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.


Taqa Morocco  (CAS:TQM) 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%.


Taqa Morocco Equity-to-Asset Related Terms

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Taqa Morocco Business Description

Traded in Other Exchanges
N/A
Address
B.P. 99 - Sidi Bouzid, PK23, Route regionale 301, Centrale Thermique de Jorf Lasfar, Commune Moulay Abdellah, El Jadida, MAR
Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.

Taqa Morocco Headlines

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