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Alqemam for Computer Systems Co (SAU:9558) Equity-to-Asset : 0.88 (As of Jun. 2024)


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What is Alqemam for Computer Systems Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alqemam for Computer Systems Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ﷼75.24 Mil. Alqemam for Computer Systems Co's Total Assets for the quarter that ended in Jun. 2024 was ﷼85.18 Mil. Therefore, Alqemam for Computer Systems Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.88.

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

SAU:9558' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.82   Med: 0.88   Max: 0.91
Current: 0.88

During the past 3 years, the highest Equity to Asset Ratio of Alqemam for Computer Systems Co was 0.91. The lowest was 0.82. And the median was 0.88.

SAU:9558's Equity-to-Asset is ranked better than
94.48% of 2846 companies
in the Software industry
Industry Median: 0.55 vs SAU:9558: 0.88

Alqemam for Computer Systems Co Equity-to-Asset Historical Data

The historical data trend for Alqemam for Computer Systems 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.

Alqemam for Computer Systems Co Equity-to-Asset Chart

Alqemam for Computer Systems Co Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.91 0.91 0.82

Alqemam for Computer Systems Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Equity-to-Asset Get a 7-Day Free Trial - 0.91 0.88 0.82 0.88

Competitive Comparison of Alqemam for Computer Systems Co's Equity-to-Asset

For the Software - Infrastructure subindustry, Alqemam for Computer Systems 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.


Alqemam for Computer Systems Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Alqemam for Computer Systems Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Alqemam for Computer Systems Co's Equity-to-Asset falls into.


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Alqemam for Computer Systems 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.

Alqemam for Computer Systems 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
=70.758/86.259
=0.82

Alqemam for Computer Systems Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=75.241/85.184
=0.88

* 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.


Alqemam for Computer Systems Co  (SAU:9558) 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%.


Alqemam for Computer Systems Co Equity-to-Asset Related Terms

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Alqemam for Computer Systems Co Business Description

Traded in Other Exchanges
N/A
Address
2788 Omer bin AL Khattab Street, Alfakhriyah District, Unaizah, SAU, 56437-7011
Alqemam for Computer Systems Co manages and develops applications, software and provides technical infrastructure services in the Kingdom of Saudi Arabia. Its service offerings comprise Technical Support Services, Customer Support Services, Mobile application and solutions development services, Digital archiving services, Network operation and maintenance services, and Infrastructure Supply Services among others.

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