Naba Alsaha Medical Services Co (SAU:9546) Equity-to-Asset : 0.65 (As of Dec. 2023)

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What is Naba Alsaha Medical Services Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Naba Alsaha Medical Services Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼180.1 Mil. Naba Alsaha Medical Services Co's Total Assets for the quarter that ended in Dec. 2023 was ﷼276.7 Mil. Therefore, Naba Alsaha Medical Services Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.65.

The historical rank and industry rank for Naba Alsaha Medical Services Co's Equity-to-Asset or its related term are showing as below:

SAU:9546' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65 Med: 0.65 Max: 0.76
Current: 0.65

During the past 3 years, the highest Equity to Asset Ratio of Naba Alsaha Medical Services Co was 0.76. The lowest was 0.65. And the median was 0.65.

SAU:9546's Equity-to-Asset is ranked better than
71.39% of 685 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs SAU:9546: 0.65

Naba Alsaha Medical Services Co Equity-to-Asset Historical Data

The historical data trend for Naba Alsaha Medical Services 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.

Naba Alsaha Medical Services Co Equity-to-Asset Chart

Naba Alsaha Medical Services Co Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.65

0.76

0.65

Naba Alsaha Medical Services Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	0.65	-	0.76	0.69	0.65

Competitive Comparison of Naba Alsaha Medical Services Co's Equity-to-Asset

For the Medical Care Facilities subindustry, Naba Alsaha Medical Services 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.

Naba Alsaha Medical Services Co's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Naba Alsaha Medical Services Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Naba Alsaha Medical Services Co's Equity-to-Asset falls into.

Naba Alsaha Medical Services 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.

Naba Alsaha Medical Services 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
	=	180.094	/	276.718
	=	0.65

Naba Alsaha Medical Services 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
	=	180.094	/	276.718
	=	0.65

Naba Alsaha Medical Services Co (SAU:9546) 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%.

Naba Alsaha Medical Services Co Equity-to-Asset Related Terms

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

Naba Alsaha Medical Services Co (SAU:9546) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Naba Alsaha Medical Services Co (SAU:9546) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdullah Bin Hadhlana Street, Al-Khuzama District, Al Khobar, SAU, 31911

Website

https://www.nams.sa

Naba Alsaha Medical Services Co engages in the operation and management of AlZahra Hospital, Manarat Al-Haramain Pharmacy, and the Company's branch for medical services in Al-Khobar. The hospital provides medical services in outpatient and inpatient facilities, surgery, emergency, and intensive care. The pharmacy provides services to AlZahra General Hospital OPD patients and to patients who have medical prescriptions from other hospitals. The branch was established to provide maintenance and housekeeping services to AlZahra General Hospital as well as maintenance services to the hospital housing.

Naba Alsaha Medical Services Co (SAU:9546) Headlines

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