Union Coop (DFM:UNIONCOOP) Equity-to-Asset : 0.74 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Union Coop Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Union Coop's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ2,551 Mil. Union Coop's Total Assets for the quarter that ended in Dec. 2023 was د.إ3,445 Mil. Therefore, Union Coop's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.74.

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

DFM:UNIONCOOP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74 Med: 0.74 Max: 0.83
Current: 0.74

During the past 4 years, the highest Equity to Asset Ratio of Union Coop was 0.83. The lowest was 0.74. And the median was 0.74.

DFM:UNIONCOOP's Equity-to-Asset is ranked better than
86.42% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs DFM:UNIONCOOP: 0.74

Union Coop Equity-to-Asset Historical Data

The historical data trend for Union Coop'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.

Union Coop Equity-to-Asset Chart

Union Coop Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.83

0.74

0.75

0.74

Union Coop Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.74	-	0.75	0.79	0.74

Competitive Comparison of Union Coop's Equity-to-Asset

For the Department Stores subindustry, Union Coop'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.

Union Coop's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Union Coop's Equity-to-Asset distribution charts can be found below:

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

Union Coop 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.

Union Coop'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
	=	2551.25	/	3444.847
	=	0.74

Union Coop's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2551.25	/	3444.847
	=	0.74

Union Coop (DFM:UNIONCOOP) 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%.

Union Coop Equity-to-Asset Related Terms

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

Union Coop (DFM:UNIONCOOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Union Coop (DFM:UNIONCOOP) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

The Tripoli Street, Al Warqa - 3, Dubai, ARE

Website

https://corporate.unioncoop.ae/ar/

Union Coop is engaged in establishing and managing hypermarkets in the United Arab Emirates. The company has 26 branches, and owns five shopping centers: Al Warqa City Mall, Etihad Mall, Al Barsha South Mall, Al Barsha South Mall and Nad Al Hamar Mall, and launched a chain of stores under the name of Coop, representing new concepts of shopping, as it includes four outlets in addition to one branch of the Mini Coop chain, and Union Coop is the first consumer cooperative in the Middle East to include the concept of smart shopping.

Union Coop (DFM:UNIONCOOP) Headlines

No Headlines