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Attock Cement Pakistan (KAR:ACPL) Equity-to-Asset : 0.45 (As of Mar. 2024)


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What is Attock Cement Pakistan Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Attock Cement Pakistan's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₨21,321 Mil. Attock Cement Pakistan's Total Assets for the quarter that ended in Mar. 2024 was ₨47,536 Mil. Therefore, Attock Cement Pakistan's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.45.

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

KAR:ACPL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.56   Max: 0.73
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Attock Cement Pakistan was 0.73. The lowest was 0.42. And the median was 0.56.

KAR:ACPL's Equity-to-Asset is ranked worse than
68.45% of 393 companies
in the Building Materials industry
Industry Median: 0.54 vs KAR:ACPL: 0.45

Attock Cement Pakistan Equity-to-Asset Historical Data

The historical data trend for Attock Cement Pakistan'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.

Attock Cement Pakistan Equity-to-Asset Chart

Attock Cement Pakistan Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.57 0.51 0.45 0.44

Attock Cement Pakistan Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.44 0.48 0.45 0.45

Competitive Comparison of Attock Cement Pakistan's Equity-to-Asset

For the Building Materials subindustry, Attock Cement Pakistan'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.


Attock Cement Pakistan's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Attock Cement Pakistan's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Attock Cement Pakistan's Equity-to-Asset falls into.



Attock Cement Pakistan 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.

Attock Cement Pakistan's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=25487.602/57400.202
=0.44

Attock Cement Pakistan'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
=21321.097/47535.62
=0.45

* 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.


Attock Cement Pakistan  (KAR:ACPL) 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%.


Attock Cement Pakistan Equity-to-Asset Related Terms

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Attock Cement Pakistan (KAR:ACPL) Business Description

Traded in Other Exchanges
N/A
Address
Kehkashan-5, D-70, Block-4, Clifton, Karachi, SD, PAK, 75600
Attock Cement Pakistan Ltd is engaged in the business of producing and marketing of cement. Its product offering includes Falcon Ordinary Portland cement, Falcon Sulphate resistant cement, Falcon Rock Cement, and Falcon Block cement.

Attock Cement Pakistan (KAR:ACPL) Headlines

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