United Real Estate Co (K S C) (KUW:URC) Equity-to-Asset : 0.30 (As of Sep. 2024)

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What is United Real Estate Co (K S C) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. United Real Estate Co (K S C)'s Total Stockholders Equity for the quarter that ended in Sep. 2024 was KWD193.43 Mil. United Real Estate Co (K S C)'s Total Assets for the quarter that ended in Sep. 2024 was KWD649.31 Mil. Therefore, United Real Estate Co (K S C)'s Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.30.

The historical rank and industry rank for United Real Estate Co (K S C)'s Equity-to-Asset or its related term are showing as below:

KUW:URC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.3 Max: 0.38
Current: 0.3

During the past 13 years, the highest Equity to Asset Ratio of United Real Estate Co (K S C) was 0.38. The lowest was 0.27. And the median was 0.30.

KUW:URC's Equity-to-Asset is ranked worse than
71.94% of 1821 companies
in the Real Estate industry
Industry Median: 0.45 vs KUW:URC: 0.30

United Real Estate Co (K S C) Equity-to-Asset Historical Data

The historical data trend for United Real Estate Co (K S 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.

United Real Estate Co (K S C) Equity-to-Asset Chart

United Real Estate Co (K S C) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.30

0.29

0.28

United Real Estate Co (K S C) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial															0.28	0.28	0.30	0.30	0.30

Competitive Comparison of United Real Estate Co (K S C)'s Equity-to-Asset

For the Real Estate - Development subindustry, United Real Estate Co (K S 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.

United Real Estate Co (K S C)'s Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, United Real Estate Co (K S C)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where United Real Estate Co (K S C)'s Equity-to-Asset falls into.

United Real Estate Co (K S 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.

United Real Estate Co (K S 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
	=	184.04	/	665.479
	=	0.28

United Real Estate Co (K S C)'s Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	193.43	/	649.311
	=	0.30

United Real Estate Co (K S C) (KUW:URC) 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%.

United Real Estate Co (K S C) Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of United Real Estate Co (K S C)'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

United Real Estate Co (K S C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » United Real Estate Co (K S C) (KUW:URC) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

Khalid Bin Al-Waleed Street, P.O. Box 2232, Al Shaheed Tower, Floors 7-8-9-10, Sharq, Safat, Kuwait, KWT, 13023

Website

https://www.urc.com.kw

United Real Estate Co (K S C) is a diversified real estate company. The firm operates through a number of operating subsidiaries and investment arms across the Middle East and North Africa region. The company's core business is real estate development and operations. The company has four segments: Rental operations consist of leasing of properties; Hospitality operations consist of hospitality services; Real estate development &Property trading consist of purchase and resale of properties & development of real estate properties; and Contracting and services: consist of managing third party properties. Its primary geographic markets are Kuwait, Jordan, Egypt and Oman out of which Kuwait generates maximum revenue for the company.

United Real Estate Co (K S C) Headlines

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