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Northern Region Cement Co (SAU:3004) Equity-to-Asset : 0.66 (As of Sep. 2024)


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What is Northern Region Cement Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Northern Region Cement Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ﷼2,276.4 Mil. Northern Region Cement Co's Total Assets for the quarter that ended in Sep. 2024 was ﷼3,443.8 Mil. Therefore, Northern Region Cement Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.66.

The historical rank and industry rank for Northern Region Cement Co's Equity-to-Asset or its related term are showing as below:

SAU:3004' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.65   Max: 0.94
Current: 0.66

During the past 13 years, the highest Equity to Asset Ratio of Northern Region Cement Co was 0.94. The lowest was 0.58. And the median was 0.65.

SAU:3004's Equity-to-Asset is ranked better than
69.83% of 401 companies
in the Building Materials industry
Industry Median: 0.55 vs SAU:3004: 0.66

Northern Region Cement Co Equity-to-Asset Historical Data

The historical data trend for Northern Region Cement Co'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.

Northern Region Cement Co Equity-to-Asset Chart

Northern Region Cement Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.69 0.68 0.65 0.64

Northern Region Cement Co 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 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 0.65 0.64 0.67 0.66 0.66

Competitive Comparison of Northern Region Cement Co's Equity-to-Asset

For the Building Materials subindustry, Northern Region Cement Co'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.


Northern Region Cement Co's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Northern Region Cement Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Northern Region Cement Co's Equity-to-Asset falls into.



Northern Region Cement Co 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.

Northern Region Cement Co'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
=2240.096/3519.44
=0.64

Northern Region Cement Co'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
=2276.394/3443.828
=0.66

* 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.


Northern Region Cement Co  (SAU:3004) 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%.


Northern Region Cement Co Equity-to-Asset Related Terms

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


Northern Region Cement Co Business Description

Traded in Other Exchanges
N/A
Address
Airport Road, Riyadh Front, Ground Floor, Building S2, PO. Box 61011, Riyadh, SAU, 11565
Northern Region Cement Co. produces various kinds of cement, as well as manages and operates cement plans and wholesales & retails building products and materials. The company and its subsidiaries are managed as a single operational segment in the manufacture and production of cement of all kinds and the company and its subsidiary operate in Saudi Arabia. The Company's revenues consist mainly of renting road billboards, media advertising, stationary artboards, distribution of educational materials, stationery and books, sale of convenience products to travelers, food and beverage, film and video series production, commercial and awareness advertisements.

Northern Region Cement Co Headlines

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