TECOM Group PJSC (DFM:TECOM) Equity-to-Asset : 0.41 (As of Sep. 2024)

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What is TECOM Group PJSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TECOM Group PJSC's Total Stockholders Equity for the quarter that ended in Sep. 2024 was د.إ6,392 Mil. TECOM Group PJSC's Total Assets for the quarter that ended in Sep. 2024 was د.إ15,511 Mil. Therefore, TECOM Group PJSC's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.41.

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

DFM:TECOM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34 Med: 0.41 Max: 0.43
Current: 0.41

During the past 5 years, the highest Equity to Asset Ratio of TECOM Group PJSC was 0.43. The lowest was 0.34. And the median was 0.41.

DFM:TECOM's Equity-to-Asset is ranked worse than
55.19% of 1821 companies
in the Real Estate industry
Industry Median: 0.45 vs DFM:TECOM: 0.41

TECOM Group PJSC Equity-to-Asset Historical Data

The historical data trend for TECOM Group PJSC'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.

TECOM Group PJSC Equity-to-Asset Chart

TECOM Group PJSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.38

0.37

0.34

0.41

0.43

TECOM Group PJSC Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial											0.42	0.43	0.41	0.43	0.41

Competitive Comparison of TECOM Group PJSC's Equity-to-Asset

For the Real Estate Services subindustry, TECOM Group PJSC'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.

TECOM Group PJSC's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TECOM Group PJSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TECOM Group PJSC's Equity-to-Asset falls into.

TECOM Group PJSC 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.

TECOM Group PJSC'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
	=	6329.007	/	14814.265
	=	0.43

TECOM Group PJSC'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
	=	6391.565	/	15511.481
	=	0.41

TECOM Group PJSC (DFM:TECOM) 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%.

TECOM Group PJSC Equity-to-Asset Related Terms

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

TECOM Group PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TECOM Group PJSC (DFM:TECOM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Commercial Building No. 1, Dubai Studio City , P.O. Box 66000, Dubai, ARE

Website

https://www.tecomgroup.ae

TECOM Group PJSC is a central player in Dubai's business hub proposition and is strongly positioned to benefit from the commercial real estate market and the sustained growth of its broader economy. It offers a range of properties and services to customers. The company divides its operations into four financial segments namely commercial leasing, industrial leasing, land leasing and services and others.

TECOM Group PJSC Headlines

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