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Molan Steel Co (SAU:9553) Equity-to-Asset : 0.57 (As of Dec. 2023)


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What is Molan Steel Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Molan Steel Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼30.08 Mil. Molan Steel Co's Total Assets for the quarter that ended in Dec. 2023 was ﷼53.23 Mil. Therefore, Molan Steel Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.57.

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

SAU:9553' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.65   Max: 0.74
Current: 0.57

During the past 3 years, the highest Equity to Asset Ratio of Molan Steel Co was 0.74. The lowest was 0.57. And the median was 0.65.

SAU:9553's Equity-to-Asset is ranked better than
57.03% of 633 companies
in the Steel industry
Industry Median: 0.53 vs SAU:9553: 0.57

Molan Steel Co Equity-to-Asset Historical Data

The historical data trend for Molan Steel 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.

Molan Steel Co Equity-to-Asset Chart

Molan Steel Co Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.74 0.65 0.57

Molan Steel Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset 0.74 - 0.65 0.54 0.57

Competitive Comparison of Molan Steel Co's Equity-to-Asset

For the Steel subindustry, Molan Steel 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.


Molan Steel Co's Equity-to-Asset Distribution in the Steel Industry

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

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



Molan Steel 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.

Molan Steel 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
=30.081/53.231
=0.57

Molan Steel 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
=30.081/53.231
=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.


Molan Steel Co  (SAU:9553) 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%.


Molan Steel Co Equity-to-Asset Related Terms

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


Molan Steel Co (SAU:9553) Business Description

Traded in Other Exchanges
N/A
Address
Eastern Ring Road Exit No 16, Palladium Center Complex PO Box 7090, AlFarouq District, Riyadh, SAU, 14323
Molan Steel Co is engaged in supply and sale of iron products represented in iron tins of all kinds, iron bridges of all kinds, and iron angles.

Molan Steel Co (SAU:9553) Headlines

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