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Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) Equity-to-Asset : 0.92 (As of Mar. 2024)


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What is Kuwait Resorts Co KSCC (Muntazahat) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kuwait Resorts Co KSCC (Muntazahat)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD30.85 Mil. Kuwait Resorts Co KSCC (Muntazahat)'s Total Assets for the quarter that ended in Mar. 2024 was KWD33.55 Mil. Therefore, Kuwait Resorts Co KSCC (Muntazahat)'s Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.92.

The historical rank and industry rank for Kuwait Resorts Co KSCC (Muntazahat)'s Equity-to-Asset or its related term are showing as below:

KUW:MUNTAZAHAT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.86   Max: 0.92
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of Kuwait Resorts Co KSCC (Muntazahat) was 0.92. The lowest was 0.63. And the median was 0.86.

KUW:MUNTAZAHAT's Equity-to-Asset is ranked better than
97.27% of 842 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs KUW:MUNTAZAHAT: 0.92

Kuwait Resorts Co KSCC (Muntazahat) Equity-to-Asset Historical Data

The historical data trend for Kuwait Resorts Co KSCC (Muntazahat)'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.

Kuwait Resorts Co KSCC (Muntazahat) Equity-to-Asset Chart

Kuwait Resorts Co KSCC (Muntazahat) Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.88 0.92 0.86 0.92

Kuwait Resorts Co KSCC (Muntazahat) 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 0.87 0.88 0.92 0.92 0.92

Competitive Comparison of Kuwait Resorts Co KSCC (Muntazahat)'s Equity-to-Asset

For the Resorts & Casinos subindustry, Kuwait Resorts Co KSCC (Muntazahat)'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.


Kuwait Resorts Co KSCC (Muntazahat)'s Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kuwait Resorts Co KSCC (Muntazahat)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kuwait Resorts Co KSCC (Muntazahat)'s Equity-to-Asset falls into.



Kuwait Resorts Co KSCC (Muntazahat) 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.

Kuwait Resorts Co KSCC (Muntazahat)'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
=28.109/30.592
=0.92

Kuwait Resorts Co KSCC (Muntazahat)'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
=30.851/33.554
=0.92

* 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.


Kuwait Resorts Co KSCC (Muntazahat)  (KUW:MUNTAZAHAT) 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%.


Kuwait Resorts Co KSCC (Muntazahat) Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Kuwait Resorts Co KSCC (Muntazahat)'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) Business Description

Traded in Other Exchanges
N/A
Address
Jaber Al-Mobarak Street, Sheroq Touwer, 5th Floor, P.O. Box 5601, Sharq, Kuwait City, KWT, 13057
Kuwait Resorts Co KSCC (Muntazahat) is engaged in managing, investing, owning selling, and acquiring real estate lands and developing them into hotels, motels, clubs, resorts, parks, exhibitions, restaurants, commercial complexes, and sports clubs. Its activities include the creation and management, operation, investment, and renting of hotels, health clubs, motels and guest houses, rest houses, parks, gardens, galleries, restaurants and cafeterias and residential complexes, resorts and tourist facilities, and health projects, recreational and sports shops at various grades and levels, including all services, assistance, and facilities thereto and other necessary services.

Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) Headlines

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