Takween Advanced Industries (SAU:1201) Equity-to-Asset : 0.34 (As of Sep. 2024)

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What is Takween Advanced Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Takween Advanced Industries's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ﷼442.0 Mil. Takween Advanced Industries's Total Assets for the quarter that ended in Sep. 2024 was ﷼1,296.9 Mil. Therefore, Takween Advanced Industries's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.34.

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

SAU:1201' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.31 Max: 0.39
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of Takween Advanced Industries was 0.39. The lowest was 0.16. And the median was 0.31.

SAU:1201's Equity-to-Asset is ranked worse than
81.48% of 405 companies
in the Packaging & Containers industry
Industry Median: 0.54 vs SAU:1201: 0.34

Takween Advanced Industries Equity-to-Asset Historical Data

The historical data trend for Takween Advanced Industries'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.

Takween Advanced Industries Equity-to-Asset Chart

Takween Advanced Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.30

0.31

0.36

0.26

0.16

Takween Advanced Industries 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															0.24	0.16	0.35	0.34	0.34

Competitive Comparison of Takween Advanced Industries's Equity-to-Asset

For the Packaging & Containers subindustry, Takween Advanced Industries'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.

Takween Advanced Industries's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Takween Advanced Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Takween Advanced Industries's Equity-to-Asset falls into.

Takween Advanced Industries 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.

Takween Advanced Industries'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
	=	203.753	/	1304.4
	=	0.16

Takween Advanced Industries'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
	=	441.968	/	1296.892
	=	0.34

Takween Advanced Industries (SAU:1201) 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%.

Takween Advanced Industries Equity-to-Asset Related Terms

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Takween Advanced Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Takween Advanced Industries (SAU:1201) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Saud Road, 16th Floor, Al Othman Office Towers, P.O. Box 2500, Al-Khobar, SAU, 31952

Website

http://www.takweenai.com

Takween Advanced Industries is an industrial investment company. The company is engaged in the manufacturing and sale of plastic products to a variety of industrial sectors, such as the dairy, foods, juices, and soft drinks industries. The Company's principal activities are related to the following single business segment which includes plastic packing and packaging products of polystyrene sheet rolls used in forming, immediate packing and packaging in thermoformed and polystyrene cups and lids, high density bottles used in dairy, food and beverage industry.

Takween Advanced Industries Headlines

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