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Alwasail Industrial Co (SAU:9525) Equity-to-Asset : 0.71 (As of Dec. 2023)


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What is Alwasail Industrial Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alwasail Industrial Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼360.0 Mil. Alwasail Industrial Co's Total Assets for the quarter that ended in Dec. 2023 was ﷼507.1 Mil. Therefore, Alwasail Industrial Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

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

SAU:9525' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.75   Max: 0.76
Current: 0.71

During the past 3 years, the highest Equity to Asset Ratio of Alwasail Industrial Co was 0.76. The lowest was 0.71. And the median was 0.75.

SAU:9525's Equity-to-Asset is ranked better than
69.13% of 1568 companies
in the Chemicals industry
Industry Median: 0.59 vs SAU:9525: 0.71

Alwasail Industrial Co Equity-to-Asset Historical Data

The historical data trend for Alwasail Industrial 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.

Alwasail Industrial Co Equity-to-Asset Chart

Alwasail Industrial Co Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.76 0.75 0.71

Alwasail Industrial Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.76 0.72 0.75 0.66 0.71

Competitive Comparison of Alwasail Industrial Co's Equity-to-Asset

For the Specialty Chemicals subindustry, Alwasail Industrial 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.


Alwasail Industrial Co's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Alwasail Industrial Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Alwasail Industrial Co's Equity-to-Asset falls into.



Alwasail Industrial 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.

Alwasail Industrial 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
=360.031/507.088
=0.71

Alwasail Industrial Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=360.031/507.088
=0.71

* 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.


Alwasail Industrial Co  (SAU:9525) 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%.


Alwasail Industrial Co Equity-to-Asset Related Terms

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


Alwasail Industrial Co (SAU:9525) Business Description

Traded in Other Exchanges
N/A
Address
Ar Riyadh - Al Qassim, Al Madinah, SAU, 3806
Alwasail Industrial Co manufacturers of polyethylene pipes and fittings mainly for irrigation, telecom, drinking water, firefighting networks and gas and oil transport systems.

Alwasail Industrial Co (SAU:9525) Headlines

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