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Artemis Hali AS (IST:ARTMS) Equity-to-Asset : 0.59 (As of Mar. 2024)


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What is Artemis Hali AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Artemis Hali AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₺1,124.8 Mil. Artemis Hali AS's Total Assets for the quarter that ended in Mar. 2024 was ₺1,896.0 Mil. Therefore, Artemis Hali AS's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

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

IST:ARTMS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.38   Max: 0.59
Current: 0.59

During the past 3 years, the highest Equity to Asset Ratio of Artemis Hali AS was 0.59. The lowest was 0.33. And the median was 0.38.

IST:ARTMS's Equity-to-Asset is ranked better than
59.63% of 1080 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.53 vs IST:ARTMS: 0.59

Artemis Hali AS Equity-to-Asset Historical Data

The historical data trend for Artemis Hali AS'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.

Artemis Hali AS Equity-to-Asset Chart

Artemis Hali AS Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.33 0.38 0.41

Artemis Hali AS Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Mar24
Equity-to-Asset Get a 7-Day Free Trial - 0.41 - 0.37 0.59

Competitive Comparison of Artemis Hali AS's Equity-to-Asset

For the Textile Manufacturing subindustry, Artemis Hali AS'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.


Artemis Hali AS's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Artemis Hali AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Artemis Hali AS's Equity-to-Asset falls into.



Artemis Hali AS 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.

Artemis Hali AS's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=272.077/660.955
=0.41

Artemis Hali AS'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
=1124.802/1896.011
=0.59

* 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.


Artemis Hali AS  (IST:ARTMS) 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%.


Artemis Hali AS Equity-to-Asset Related Terms

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Artemis Hali AS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Balmumcu District Itri Street No:8/1, Turkey, TUR
Artemis Hali AS is a company whose business activity is manufacturing, importing, exporting, buying-selling and marketing all kinds of handmade carpets and machine-made carpets, runners, prayer rugs, rugs, blankets and textile products.

Artemis Hali AS Headlines

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