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Ihlas Haber Ajansi AS (IST:IHAAS) Equity-to-Asset : 0.66 (As of Jun. 2024)


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What is Ihlas Haber Ajansi AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ihlas Haber Ajansi AS's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ₺276.6 Mil. Ihlas Haber Ajansi AS's Total Assets for the quarter that ended in Jun. 2024 was ₺422.1 Mil. Therefore, Ihlas Haber Ajansi AS's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.66.

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

IST:IHAAS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.74   Max: 0.81
Current: 0.66

During the past 4 years, the highest Equity to Asset Ratio of Ihlas Haber Ajansi AS was 0.81. The lowest was 0.63. And the median was 0.74.

IST:IHAAS's Equity-to-Asset is ranked better than
69.6% of 1056 companies
in the Media - Diversified industry
Industry Median: 0.515 vs IST:IHAAS: 0.66

Ihlas Haber Ajansi AS Equity-to-Asset Historical Data

The historical data trend for Ihlas Haber Ajansi 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.

Ihlas Haber Ajansi AS Equity-to-Asset Chart

Ihlas Haber Ajansi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.63 0.81 0.77 0.72

Ihlas Haber Ajansi AS Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.72 0.72 0.72 0.68 0.66

Competitive Comparison of Ihlas Haber Ajansi AS's Equity-to-Asset

For the Broadcasting subindustry, Ihlas Haber Ajansi 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.


Ihlas Haber Ajansi AS's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ihlas Haber Ajansi AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ihlas Haber Ajansi AS's Equity-to-Asset falls into.



Ihlas Haber Ajansi 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.

Ihlas Haber Ajansi AS'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
=275.539/384.776
=0.72

Ihlas Haber Ajansi AS's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=276.58/422.106
=0.66

* 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.


Ihlas Haber Ajansi AS  (IST:IHAAS) 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%.


Ihlas Haber Ajansi AS Equity-to-Asset Related Terms

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Ihlas Haber Ajansi AS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Merkez Mah. 29 October Cad., Ihlas Plaza No: 11 A/ 21, Yenibosna, Istanbul, TUR, 34197
Ihlas Haber Ajansi AS is engaged in a news agency business. The company delivers visual, written, and photographic news to its subscribers via satellite and the internet. It also has started to provide broadcasting services in Iran, Iraq, Afghanistan, Pakistan, Russia, Greece, Kosovo, Israel, Palestine, Ukraine, and Central Asian Turkic Republics.

Ihlas Haber Ajansi AS Headlines

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