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Arzan Financial Group for Financing and Investment KPSC (KUW:ARZAN) Equity-to-Asset : 0.64 (As of Mar. 2024)


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What is Arzan Financial Group for Financing and Investment KPSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arzan Financial Group for Financing and Investment KPSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD152.78 Mil. Arzan Financial Group for Financing and Investment KPSC's Total Assets for the quarter that ended in Mar. 2024 was KWD238.36 Mil. Therefore, Arzan Financial Group for Financing and Investment KPSC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.64.

The historical rank and industry rank for Arzan Financial Group for Financing and Investment KPSC's Equity-to-Asset or its related term are showing as below:

KUW:ARZAN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.62   Max: 0.74
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Arzan Financial Group for Financing and Investment KPSC was 0.74. The lowest was 0.56. And the median was 0.62.

KUW:ARZAN's Equity-to-Asset is ranked worse than
70.37% of 1721 companies
in the Asset Management industry
Industry Median: 0.83 vs KUW:ARZAN: 0.64

Arzan Financial Group for Financing and Investment KPSC Equity-to-Asset Historical Data

The historical data trend for Arzan Financial Group for Financing and Investment KPSC'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.

Arzan Financial Group for Financing and Investment KPSC Equity-to-Asset Chart

Arzan Financial Group for Financing and Investment KPSC 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 0.63 0.62 0.62 0.60 0.63

Arzan Financial Group for Financing and Investment KPSC 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 0.59 0.58 0.61 0.63 0.64

Competitive Comparison of Arzan Financial Group for Financing and Investment KPSC's Equity-to-Asset

For the Asset Management subindustry, Arzan Financial Group for Financing and Investment KPSC'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.


Arzan Financial Group for Financing and Investment KPSC's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Arzan Financial Group for Financing and Investment KPSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Arzan Financial Group for Financing and Investment KPSC's Equity-to-Asset falls into.



Arzan Financial Group for Financing and Investment KPSC 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.

Arzan Financial Group for Financing and Investment KPSC'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
=131.785/209.66
=0.63

Arzan Financial Group for Financing and Investment KPSC'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
=152.776/238.359
=0.64

* 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.


Arzan Financial Group for Financing and Investment KPSC  (KUW:ARZAN) 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%.


Arzan Financial Group for Financing and Investment KPSC Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Arzan Financial Group for Financing and Investment KPSC's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Arzan Financial Group for Financing and Investment KPSC (KUW:ARZAN) Business Description

Traded in Other Exchanges
N/A
Address
Ahmed Al Jaber Street, Arzan Tower, P.O.Box 26442, Sharq, Safat, Kuwait City, KWT, 13125
Arzan Financial Group for Financing and Investment KPSC is a company engaged in the provision of consumer instalment credit facilities and investments. The Group has four operating segments: instalment credit, investments, financial brokerage and real estate. It offers credit facilities to purchase consumer products, brokerage, investment platforms, third-party portfolio management services, and margin trading. It generates the majority of the revenue from the Investments segment. The Group's activities, assets and liabilities are carried out and located in Kuwait, GCC, Middle East, USA and Europe.

Arzan Financial Group for Financing and Investment KPSC (KUW:ARZAN) Headlines

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