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TPS Eastern Africa (NAI:TPSE) Equity-to-Asset : 0.50 (As of Dec. 2022)


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What is TPS Eastern Africa Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TPS Eastern Africa's Total Stockholders Equity for the quarter that ended in Dec. 2022 was KES8,861 Mil. TPS Eastern Africa's Total Assets for the quarter that ended in Dec. 2022 was KES17,708 Mil. Therefore, TPS Eastern Africa's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.50.

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

NAI:TPSE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.49   Max: 0.59
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of TPS Eastern Africa was 0.59. The lowest was 0.40. And the median was 0.49.

NAI:TPSE's Equity-to-Asset is ranked better than
51.67% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs NAI:TPSE: 0.50

TPS Eastern Africa Equity-to-Asset Historical Data

The historical data trend for TPS Eastern 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.

TPS Eastern Africa Equity-to-Asset Chart

TPS Eastern 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 0.47 0.47 0.43 0.40 0.50

TPS Eastern Africa Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.47 0.43 0.40 0.50

Competitive Comparison of TPS Eastern Africa's Equity-to-Asset

For the Lodging subindustry, TPS Eastern 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.


TPS Eastern Africa's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TPS Eastern Africa's Equity-to-Asset distribution charts can be found below:

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



TPS Eastern 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.

TPS Eastern 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
=8860.888/17707.638
=0.50

TPS Eastern Africa's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=8860.888/17707.638
=0.50

* 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.


TPS Eastern Africa  (NAI:TPSE) 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%.


TPS Eastern Africa Equity-to-Asset Related Terms

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TPS Eastern Africa (NAI:TPSE) Business Description

Traded in Other Exchanges
N/A
Address
4th Ngong Avenue, P.O. Box 48690, 4th Floor, Williamson House, Nairobi, KEN, 00100
TPS Eastern Africa Ltd is a Kenya based company and along with its subsidiaries own and operates hotel and lodge facilities in Eastern Africa. In terms of the segment, the business has three operating segments that are Kenya Hotels and Lodges, Tanzania Lodges, and Uganda Hotels; out of which Kenya Hotels and Lodges generate maximum revenue for the company. Geographically the company has diversified its business to Uganda, Tanzania, and Kenya. The company is also interested in performing promotion activities for its hotels through its subsidiaries.

TPS Eastern Africa (NAI:TPSE) Headlines

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