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CIC Holdings (COL:CIC.N0000) Equity-to-Asset : 0.45 (As of Mar. 2024)


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What is CIC Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CIC Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was රු34,893 Mil. CIC Holdings's Total Assets for the quarter that ended in Mar. 2024 was රු78,487 Mil. Therefore, CIC Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.45.

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

COL:CIC.N0000' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.28   Max: 0.45
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of CIC Holdings was 0.45. The lowest was 0.24. And the median was 0.28.

COL:CIC.N0000's Equity-to-Asset is ranked better than
51.02% of 541 companies
in the Conglomerates industry
Industry Median: 0.44 vs COL:CIC.N0000: 0.45

CIC Holdings Equity-to-Asset Historical Data

The historical data trend for CIC Holdings'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.

CIC Holdings Equity-to-Asset Chart

CIC Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.33 0.36 0.41 0.45

CIC Holdings 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 0.41 0.41 0.39 0.43 0.45

Competitive Comparison of CIC Holdings's Equity-to-Asset

For the Conglomerates subindustry, CIC Holdings'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.


CIC Holdings's Equity-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CIC Holdings's Equity-to-Asset distribution charts can be found below:

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



CIC Holdings 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.

CIC Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=34893.14/78487.258
=0.44

CIC Holdings'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
=34893.14/78487.258
=0.44

* 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.


CIC Holdings  (COL:CIC.N0000) 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%.


CIC Holdings Equity-to-Asset Related Terms

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


CIC Holdings (COL:CIC.N0000) Business Description

Traded in Other Exchanges
Address
199, Kew Road, Colombo, LKA, 02
CIC Holdings PLC carries on the business of merchandising and manufacturing as its principal activities. The group has five strategic divisions which are its reportable segments, namely Crop solutions, Agri Produce, Lives Stock Solutions, Industrial Solutions, and Health and Personal care. Geographically, it generates the majority of the revenue from Srilanka and also exports to other countries.

CIC Holdings (COL:CIC.N0000) Headlines

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