Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Access Engineering's Total Stockholders Equity for the quarter that ended in Dec. 2023 was රු35,461 Mil. Access Engineering's Total Assets for the quarter that ended in Dec. 2023 was රු98,100 Mil.
Therefore, Access Engineering's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.36.
The historical rank and industry rank for Access Engineering's Equity-to-Asset or its related term are showing as below:
COL:AEL.N0000'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.45 Max: 0.74
Current: 0.36
During the past 13 years, the highest Equity to Asset Ratio of Access Engineering was 0.74. The lowest was 0.32. And the median was 0.45.
COL:AEL.N0000's Equity-to-Asset is ranked worse than 63.93% of 1691
companies
in the Construction industry
Industry Median: 0.45
vs COL:AEL.N0000: 0.36
Access Engineering Equity-to-Asset Historical Data
The historical data trend for Access Engineering'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.
Competitive Comparison of Access Engineering's Equity-to-Asset
For the Engineering & Construction subindustry, Access Engineering'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.
Access Engineering's Equity-to-Asset Distribution in the Construction Industry
For the Construction industry and Industrials sector, Access Engineering's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Access Engineering's Equity-to-Asset falls into.
Access Engineering 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.
Access Engineering's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
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%.
Access Engineering Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Access Engineering's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Access Engineering (COL:AEL.N0000) Business Description
Access Engineering PLC is involved in the business of construction activities and the supply of construction-related services and materials. The company is divided into four segments namely The Construction segment includes the process of constructing buildings and other infrastructures; The Construction-Related Materials segment involves the Production and supply of construction-related materials such as asphalt products, quarry products, and others; The Property segment is engaged in the development of high rise buildings and The Automobile segment includes importing and distribution, or sale of motor vehicles, and spare parts. It generates a majority of its revenue from the Construction Segment. The activities of the Group are located mainly in Sri Lanka.
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