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Sodas Sodyumnayii AS (IST:SODSN) Equity-to-Asset : 0.72 (As of Dec. 2023)


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What is Sodas Sodyumnayii AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sodas Sodyumnayii AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺118.7 Mil. Sodas Sodyumnayii AS's Total Assets for the quarter that ended in Dec. 2023 was ₺164.0 Mil. Therefore, Sodas Sodyumnayii AS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.72.

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

IST:SODSN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.78   Max: 0.83
Current: 0.72

During the past 13 years, the highest Equity to Asset Ratio of Sodas Sodyumnayii AS was 0.83. The lowest was 0.62. And the median was 0.78.

IST:SODSN's Equity-to-Asset is ranked better than
69.87% of 1563 companies
in the Chemicals industry
Industry Median: 0.59 vs IST:SODSN: 0.72

Sodas Sodyumnayii AS Equity-to-Asset Historical Data

The historical data trend for Sodas Sodyumnayii 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.

Sodas Sodyumnayii AS Equity-to-Asset Chart

Sodas Sodyumnayii AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.62 0.69 0.64 0.72

Sodas Sodyumnayii AS Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 0.76 0.62 0.69 0.64 0.72

Competitive Comparison of Sodas Sodyumnayii AS's Equity-to-Asset

For the Chemicals subindustry, Sodas Sodyumnayii 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.


Sodas Sodyumnayii AS's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sodas Sodyumnayii AS's Equity-to-Asset distribution charts can be found below:

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



Sodas Sodyumnayii 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.

Sodas Sodyumnayii 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
=118.705/163.991
=0.72

Sodas Sodyumnayii AS'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
=118.705/163.991
=0.72

* 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.


Sodas Sodyumnayii AS  (IST:SODSN) 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%.


Sodas Sodyumnayii AS Equity-to-Asset Related Terms

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


Sodas Sodyumnayii AS Business Description

Traded in Other Exchanges
N/A
Address
1476 Sokak No, 2 Aksoy Residence Ka, 13/A Daire:42, Alsancak, TUR, 34330
Sodas Sodyum Sanayii AS produces and sells sodium sulfate in Turkey. Its products are used in natural detergents, glass, and paper and textile industries.

Sodas Sodyumnayii AS Headlines

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