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Sumou Real Estate Co (SAU:4323) Equity-to-Asset : 0.57 (As of Mar. 2024)


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What is Sumou Real Estate Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sumou Real Estate Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼555.7 Mil. Sumou Real Estate Co's Total Assets for the quarter that ended in Mar. 2024 was ﷼978.3 Mil. Therefore, Sumou Real Estate Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.57.

The historical rank and industry rank for Sumou Real Estate Co's Equity-to-Asset or its related term are showing as below:

SAU:4323' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.72   Max: 0.94
Current: 0.57

During the past 5 years, the highest Equity to Asset Ratio of Sumou Real Estate Co was 0.94. The lowest was 0.57. And the median was 0.72.

SAU:4323's Equity-to-Asset is ranked better than
68.86% of 1824 companies
in the Real Estate industry
Industry Median: 0.44 vs SAU:4323: 0.57

Sumou Real Estate Co Equity-to-Asset Historical Data

The historical data trend for Sumou Real Estate 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.

Sumou Real Estate Co Equity-to-Asset Chart

Sumou Real Estate Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.66 0.72 0.73 0.74 0.63

Sumou Real Estate Co Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 - 0.74 0.64 0.63 0.57

Competitive Comparison of Sumou Real Estate Co's Equity-to-Asset

For the Real Estate - Development subindustry, Sumou Real Estate 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.


Sumou Real Estate Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumou Real Estate Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sumou Real Estate Co's Equity-to-Asset falls into.



Sumou Real Estate 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.

Sumou Real Estate 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
=536.715/850.113
=0.63

Sumou Real Estate 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
=555.746/978.272
=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.


Sumou Real Estate Co  (SAU:4323) 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%.


Sumou Real Estate Co Equity-to-Asset Related Terms

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Sumou Real Estate Co (SAU:4323) Business Description

Traded in Other Exchanges
N/A
Address
Prince Turki bin Abdulaziz street, Sumou Tower - P.O.Box 250, Al-Yarmouk District, AlKhobar, SAU, 31952
Sumou Real Estate Co is engaged in executing and managing real estate development and investment projects in the Kingdom of Saudi Arabia. The company's projects portfolio includes commercial centers, residential complexes, housing units, infrastructure for industrial, and commercial facilities, economic cities, and free zones.

Sumou Real Estate Co (SAU:4323) Headlines

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