Jassim Transport & Stevedoring Co KSCC (KUW:JTC) Equity-to-Asset : 0.75 (As of Mar. 2024)

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What is Jassim Transport & Stevedoring Co KSCC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jassim Transport & Stevedoring Co KSCC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD53.41 Mil. Jassim Transport & Stevedoring Co KSCC's Total Assets for the quarter that ended in Mar. 2024 was KWD71.31 Mil. Therefore, Jassim Transport & Stevedoring Co KSCC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.75.

The historical rank and industry rank for Jassim Transport & Stevedoring Co KSCC's Equity-to-Asset or its related term are showing as below:

KUW:JTC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68 Med: 0.77 Max: 0.86
Current: 0.75

During the past 5 years, the highest Equity to Asset Ratio of Jassim Transport & Stevedoring Co KSCC was 0.86. The lowest was 0.68. And the median was 0.77.

KUW:JTC's Equity-to-Asset is ranked better than
86.72% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs KUW:JTC: 0.75

Jassim Transport & Stevedoring Co KSCC Equity-to-Asset Historical Data

The historical data trend for Jassim Transport & Stevedoring Co KSCC'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.

Jassim Transport & Stevedoring Co KSCC Equity-to-Asset Chart

Jassim Transport & Stevedoring Co KSCC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.89

0.86

0.80

0.78

0.68

Jassim Transport & Stevedoring Co KSCC Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial									0.77	0.70	0.71	0.68	0.75

Competitive Comparison of Jassim Transport & Stevedoring Co KSCC's Equity-to-Asset

For the Trucking subindustry, Jassim Transport & Stevedoring Co KSCC'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.

Jassim Transport & Stevedoring Co KSCC's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jassim Transport & Stevedoring Co KSCC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jassim Transport & Stevedoring Co KSCC's Equity-to-Asset falls into.

Jassim Transport & Stevedoring Co KSCC 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.

Jassim Transport & Stevedoring Co KSCC'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
	=	51.561	/	75.696
	=	0.68

Jassim Transport & Stevedoring Co KSCC'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
	=	53.41	/	71.314
	=	0.75

Jassim Transport & Stevedoring Co KSCC (KUW:JTC) 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%.

Jassim Transport & Stevedoring Co KSCC Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Jassim Transport & Stevedoring Co KSCC's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Jassim Transport & Stevedoring Co KSCC (KUW:JTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jassim Transport & Stevedoring Co KSCC (KUW:JTC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saleh Sulaiman Al Jarah Real Estate Complex, Office 2, 5th floor, P.O. Box 22801, Mirqab, Area No 1, Building No 8, Safat, KWT, 13089

Website

https://www.jtckw.com

Jassim Transport & Stevedoring Co KSCC is a inland transportation company. It provides professional, high-quality and cost-effective solutions through four customer-focused operating divisions such as port management, contract logistics, equipment leasing and power rental. The majority of the revenue is earned in Kuwait.

Jassim Transport & Stevedoring Co KSCC (KUW:JTC) Headlines

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