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United Finance CoOG (MUS:UFCI) Equity-to-Asset : 0.47 (As of Mar. 2023)


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What is United Finance CoOG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. United Finance CoOG's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ر.ع47.35 Mil. United Finance CoOG's Total Assets for the quarter that ended in Mar. 2023 was ر.ع99.85 Mil. Therefore, United Finance CoOG's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.47.

The historical rank and industry rank for United Finance CoOG's Equity-to-Asset or its related term are showing as below:

MUS:UFCI's Equity-to-Asset is not ranked *
in the Credit Services industry.
Industry Median: 0.375
* Ranked among companies with meaningful Equity-to-Asset only.

United Finance CoOG Equity-to-Asset Historical Data

The historical data trend for United Finance CoOG'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 Finance CoOG Equity-to-Asset Chart

United Finance CoOG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.44 0.51 0.56 0.52

United Finance CoOG Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.56 0.54 0.53 0.52 0.47

Competitive Comparison of United Finance CoOG's Equity-to-Asset

For the Credit Services subindustry, United Finance CoOG'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 Finance CoOG's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, United Finance CoOG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where United Finance CoOG's Equity-to-Asset falls into.



United Finance CoOG 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 Finance CoOG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=48.052/93.012
=0.52

United Finance CoOG's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=47.349/99.848
=0.47

* 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.


United Finance CoOG  (MUS:UFCI) 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 Finance CoOG Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of United Finance CoOG's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


United Finance CoOG (MUS:UFCI) Business Description

Traded in Other Exchanges
N/A
Address
Ruwi, P.O Box 3652, Muscat, OMN, 112
United Finance Co SAOG is engaged in providing vehicle and equipment financing. The operating segments of the group are Corporate and Retail. It is also licensed to provide composite loans, bridge loans, hire purchases, debt factoring, and financing of receivables and leasing in the Sultanate of Oman. The company offers a wide range of financing products, corporate deposits, and Bancassurance.

United Finance CoOG (MUS:UFCI) Headlines

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