GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Rubenis Tekstil Sanayi Ticaret Anonim Sirketi (IST:RUBNS) » Definitions » Equity-to-Asset

Rubenis Tekstilnayi Ticaret Anonim Sirketi (IST:RUBNS) Equity-to-Asset : 0.82 (As of Sep. 2024)


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

What is Rubenis Tekstilnayi Ticaret Anonim Sirketi Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rubenis Tekstilnayi Ticaret Anonim Sirketi's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₺2,922 Mil. Rubenis Tekstilnayi Ticaret Anonim Sirketi's Total Assets for the quarter that ended in Sep. 2024 was ₺3,583 Mil. Therefore, Rubenis Tekstilnayi Ticaret Anonim Sirketi's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.82.

The historical rank and industry rank for Rubenis Tekstilnayi Ticaret Anonim Sirketi's Equity-to-Asset or its related term are showing as below:

IST:RUBNS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.64   Max: 0.82
Current: 0.82

During the past 5 years, the highest Equity to Asset Ratio of Rubenis Tekstilnayi Ticaret Anonim Sirketi was 0.82. The lowest was 0.20. And the median was 0.64.

IST:RUBNS's Equity-to-Asset is ranked better than
88.1% of 1076 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.53 vs IST:RUBNS: 0.82

Rubenis Tekstilnayi Ticaret Anonim Sirketi Equity-to-Asset Historical Data

The historical data trend for Rubenis Tekstilnayi Ticaret Anonim Sirketi'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.

Rubenis Tekstilnayi Ticaret Anonim Sirketi Equity-to-Asset Chart

Rubenis Tekstilnayi Ticaret Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.20 0.54 0.62 0.66 0.79

Rubenis Tekstilnayi Ticaret Anonim Sirketi 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.79 0.81 0.76 0.82

Competitive Comparison of Rubenis Tekstilnayi Ticaret Anonim Sirketi's Equity-to-Asset

For the Textile Manufacturing subindustry, Rubenis Tekstilnayi Ticaret Anonim Sirketi'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.


Rubenis Tekstilnayi Ticaret Anonim Sirketi's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Rubenis Tekstilnayi Ticaret Anonim Sirketi's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Rubenis Tekstilnayi Ticaret Anonim Sirketi's Equity-to-Asset falls into.



Rubenis Tekstilnayi Ticaret Anonim Sirketi 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.

Rubenis Tekstilnayi Ticaret Anonim Sirketi'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
=1936.675/2438.631
=0.79

Rubenis Tekstilnayi Ticaret Anonim Sirketi'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
=2921.504/3583.327
=0.82

* 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.


Rubenis Tekstilnayi Ticaret Anonim Sirketi  (IST:RUBNS) 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%.


Rubenis Tekstilnayi Ticaret Anonim Sirketi Equity-to-Asset Related Terms

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


Rubenis Tekstilnayi Ticaret Anonim Sirketi Business Description

Traded in Other Exchanges
N/A
Address
Telsiz Mahallesi, Zambak Sokak No:6, Zeytinburnu, Istanbul, TUR
Rubenis Tekstil Sanayi Ticaret Anonim Sirketi engages in manufacturing Yarn, Fiber, and Thread. Its product offerings comprise Compact Penye Triko yarn and Compact combed weave yarn.

Rubenis Tekstilnayi Ticaret Anonim Sirketi Headlines

No Headlines