GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » East Pipes Integrated Co for Industry (SAU:1321) » Definitions » Equity-to-Asset

East Pipes Integrated Co for Industry (SAU:1321) Equity-to-Asset : 0.57 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is East Pipes Integrated Co for Industry Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. East Pipes Integrated Co for Industry's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼852 Mil. East Pipes Integrated Co for Industry's Total Assets for the quarter that ended in Mar. 2024 was ﷼1,487 Mil. Therefore, East Pipes Integrated Co for Industry's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.57.

The historical rank and industry rank for East Pipes Integrated Co for Industry's Equity-to-Asset or its related term are showing as below:

SAU:1321' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.6   Max: 0.63
Current: 0.57

During the past 4 years, the highest Equity to Asset Ratio of East Pipes Integrated Co for Industry was 0.63. The lowest was 0.57. And the median was 0.60.

SAU:1321's Equity-to-Asset is ranked better than
57.03% of 633 companies
in the Steel industry
Industry Median: 0.53 vs SAU:1321: 0.57

East Pipes Integrated Co for Industry Equity-to-Asset Historical Data

The historical data trend for East Pipes Integrated Co for Industry'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.

East Pipes Integrated Co for Industry Equity-to-Asset Chart

East Pipes Integrated Co for Industry Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
0.63 0.58 0.62 0.57

East Pipes Integrated Co for Industry Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.54 0.48 0.39 0.57

Competitive Comparison of East Pipes Integrated Co for Industry's Equity-to-Asset

For the Steel subindustry, East Pipes Integrated Co for Industry'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.


East Pipes Integrated Co for Industry's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, East Pipes Integrated Co for Industry's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where East Pipes Integrated Co for Industry's Equity-to-Asset falls into.



East Pipes Integrated Co for Industry 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.

East Pipes Integrated Co for Industry's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=851.913/1486.808
=0.57

East Pipes Integrated Co for Industry's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=851.913/1486.808
=0.57

* 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.


East Pipes Integrated Co for Industry  (SAU:1321) 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%.


East Pipes Integrated Co for Industry Equity-to-Asset Related Terms

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


East Pipes Integrated Co for Industry (SAU:1321) Business Description

Traded in Other Exchanges
N/A
Address
Street No 89, 2nd Industrial City, P.O Box 12943, P. Code 31483, Dammam, SAU
East Pipes Integrated Co for Industry is engaged in the manufacturing of Helical Submerged Arc Welded (HSAW) pipes. It produces pipes that transport Water, Oil, and Gas, according to a wide range of diameters of spiral pipes. The firm provides coating services on pipes provided by the customers and generates revenue from the same. The business operating assets of the firm are located in the Kingdom of Saudi Arabia.

East Pipes Integrated Co for Industry (SAU:1321) Headlines

No Headlines