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Zahrat Al Waha for Trading Co (SAU:3007) Equity-to-Asset : 0.52 (As of Mar. 2024)


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What is Zahrat Al Waha for Trading Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zahrat Al Waha for Trading Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼319.9 Mil. Zahrat Al Waha for Trading Co's Total Assets for the quarter that ended in Mar. 2024 was ﷼616.3 Mil. Therefore, Zahrat Al Waha for Trading Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.52.

The historical rank and industry rank for Zahrat Al Waha for Trading Co's Equity-to-Asset or its related term are showing as below:

SAU:3007' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.48   Max: 0.55
Current: 0.52

During the past 9 years, the highest Equity to Asset Ratio of Zahrat Al Waha for Trading Co was 0.55. The lowest was 0.09. And the median was 0.48.

SAU:3007's Equity-to-Asset is ranked worse than
55.13% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.55 vs SAU:3007: 0.52

Zahrat Al Waha for Trading Co Equity-to-Asset Historical Data

The historical data trend for Zahrat Al Waha for Trading 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.

Zahrat Al Waha for Trading Co Equity-to-Asset Chart

Zahrat Al Waha for Trading Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.46 0.46 0.53 0.51 0.52

Zahrat Al Waha for Trading Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.52 0.55 0.52 0.52

Competitive Comparison of Zahrat Al Waha for Trading Co's Equity-to-Asset

For the Packaging & Containers subindustry, Zahrat Al Waha for Trading 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.


Zahrat Al Waha for Trading Co's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zahrat Al Waha for Trading Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Zahrat Al Waha for Trading Co's Equity-to-Asset falls into.



Zahrat Al Waha for Trading 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.

Zahrat Al Waha for Trading 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
=316.095/607.433
=0.52

Zahrat Al Waha for Trading Co'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
=319.888/616.319
=0.52

* 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.


Zahrat Al Waha for Trading Co  (SAU:3007) 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%.


Zahrat Al Waha for Trading Co Equity-to-Asset Related Terms

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Zahrat Al Waha for Trading Co (SAU:3007) Business Description

Traded in Other Exchanges
N/A
Address
Al Rabwa, Al Ihsa Street, P.O. Box 2980, Unit no 1, Building 7449, Riyadh, SAU, 12814
Zahrat Al Waha for Trading Co is a producer of PET preform and HDPE closure (caps) products. The principal activities of the company include the manufacture of semi-finished products from plastics, the manufacture of cans and boxes from plastics, the manufacture of bottles of various forms from plastics, the manufacture of products from plastics using the Roto mold method. The company operates in two segments namely the plastic bottles preforms which includes manufacturing and selling of plastic preforms and the plastic caps which includes manufacturing and selling of plastic caps.

Zahrat Al Waha for Trading Co (SAU:3007) Headlines

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