GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Combined Group Contracting SA K C (KUW:CGC) » Definitions » Equity-to-Asset

Combined Group Contracting K C (KUW:CGC) Equity-to-Asset : 0.26 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Combined Group Contracting K C Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Combined Group Contracting K C's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD58.8 Mil. Combined Group Contracting K C's Total Assets for the quarter that ended in Mar. 2024 was KWD228.6 Mil. Therefore, Combined Group Contracting K C's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.26.

The historical rank and industry rank for Combined Group Contracting K C's Equity-to-Asset or its related term are showing as below:

KUW:CGC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.16   Max: 0.26
Current: 0.26

During the past 13 years, the highest Equity to Asset Ratio of Combined Group Contracting K C was 0.26. The lowest was 0.13. And the median was 0.16.

KUW:CGC's Equity-to-Asset is ranked worse than
78.12% of 1691 companies
in the Construction industry
Industry Median: 0.45 vs KUW:CGC: 0.26

Combined Group Contracting K C Equity-to-Asset Historical Data

The historical data trend for Combined Group Contracting K C'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.

Combined Group Contracting K C Equity-to-Asset Chart

Combined Group Contracting K C 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 0.16 0.16 0.22 0.24 0.24

Combined Group Contracting K C 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 0.24 0.23 0.23 0.24 0.26

Competitive Comparison of Combined Group Contracting K C's Equity-to-Asset

For the Engineering & Construction subindustry, Combined Group Contracting K C'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.


Combined Group Contracting K C's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Combined Group Contracting K C's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Combined Group Contracting K C's Equity-to-Asset falls into.



Combined Group Contracting K C 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.

Combined Group Contracting K C'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
=55.706/229.862
=0.24

Combined Group Contracting K C'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
=58.845/228.592
=0.26

* 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.


Combined Group Contracting K C  (KUW:CGC) 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%.


Combined Group Contracting K C Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Combined Group Contracting K C's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Combined Group Contracting K C (KUW:CGC) Business Description

Traded in Other Exchanges
N/A
Address
Al Ardiya Industrial, P.O. Box : 4819, Block No. 2, Plot No. 284, Kuwait City, KWT, 13049
Combined Group Contracting SA K C is a Kuwait-based company engaged in the construction industry. It undertakes general contracting, mechanical works, engineering works; packaging cement, sand, and related materials; Asphalt production, constructions works of building, ways, bridges and managing, controlling them and their related works and many other activities. The group has the operations in State of Kuwait and Gulf Countries of which it earns the majority of revenue share from Kuwait region.