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Sameer Africa (NAI:SMER) Equity-to-Asset : 0.35 (As of Jun. 2023)


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What is Sameer Africa Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sameer Africa's Total Stockholders Equity for the quarter that ended in Jun. 2023 was KES461.5 Mil. Sameer Africa's Total Assets for the quarter that ended in Jun. 2023 was KES1,318.9 Mil. Therefore, Sameer Africa's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.35.

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

NAI:SMER' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01   Med: 0.4   Max: 0.73
Current: 0.35

During the past 12 years, the highest Equity to Asset Ratio of Sameer Africa was 0.73. The lowest was 0.01. And the median was 0.40.

NAI:SMER's Equity-to-Asset is ranked worse than
69.34% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 0.465 vs NAI:SMER: 0.35

Sameer Africa Equity-to-Asset Historical Data

The historical data trend for Sameer Africa'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.

Sameer Africa Equity-to-Asset Chart

Sameer Africa 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 0.44 0.05 0.11 0.30 0.36

Sameer Africa Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.23 0.30 0.37 0.36 0.35

Competitive Comparison of Sameer Africa's Equity-to-Asset

For the Auto Parts subindustry, Sameer Africa'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.


Sameer Africa's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sameer Africa's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sameer Africa's Equity-to-Asset falls into.



Sameer Africa 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.

Sameer Africa'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
=430.169/1212.686
=0.35

Sameer Africa's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=461.498/1318.932
=0.35

* 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.


Sameer Africa  (NAI:SMER) 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%.


Sameer Africa Equity-to-Asset Related Terms

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


Sameer Africa (NAI:SMER) Business Description

Traded in Other Exchanges
N/A
Address
Mombasa Road Junction, PO Box 30429, LR No. 12081/9, Nairobi, KEN, 00100
Sameer Africa Ltd engages in the manufacturing and distribution of tyres and allied products and the letting of investment property. The company operates through four business segments: sourcing and distribution, regional operations, Yana tyre centre, and rental business where the sourcing and distribution segment is engaged in the manufacturing and distribution of tires, tubes, and flaps, the regional operations segment engages in the buying and distribution of tires, tubes, and flaps in the Eastern Africa region, Yana tyre center segment is involved in the retailing of tires, tubes, and flaps, and the provision of tire-related services and the rental business segment is engaged in the letting of investment properties.

Sameer Africa (NAI:SMER) Headlines

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