Atlas Elevators General Trading and Contracting Co (SAU:9578) Equity-to-Asset : 0.72 (As of Dec. 2022)

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What is Atlas Elevators General Trading and Contracting Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atlas Elevators General Trading and Contracting Co's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ﷼63.01 Mil. Atlas Elevators General Trading and Contracting Co's Total Assets for the quarter that ended in Dec. 2022 was ﷼88.08 Mil.

The historical rank and industry rank for Atlas Elevators General Trading and Contracting Co's Equity-to-Asset or its related term are showing as below:

SAU:9578' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.72 Med: 0.76 Max: 0.8
Current: 0.8

During the past 2 years, the highest Equity to Asset Ratio of Atlas Elevators General Trading and Contracting Co was 0.80. The lowest was 0.72. And the median was 0.76.

SAU:9578's Equity-to-Asset is ranked better than
93.88% of 147 companies
in the Industrial Distribution industry
Industry Median: 0.48 vs SAU:9578: 0.80

Atlas Elevators General Trading and Contracting Co Equity-to-Asset Historical Data

The historical data trend for Atlas Elevators General Trading and Contracting 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.

Atlas Elevators General Trading and Contracting Co Equity-to-Asset Chart

Atlas Elevators General Trading and Contracting Co Annual Data

Trend

Dec22

Dec23

Equity-to-Asset

0.72

0.80

Atlas Elevators General Trading and Contracting Co Quarterly Data
	Dec22	Dec23
Equity-to-Asset	0.72	0.80

Competitive Comparison of Atlas Elevators General Trading and Contracting Co's Equity-to-Asset

For the Industrial Distribution subindustry, Atlas Elevators General Trading and Contracting 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.

Atlas Elevators General Trading and Contracting Co's Equity-to-Asset Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Atlas Elevators General Trading and Contracting Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Atlas Elevators General Trading and Contracting Co's Equity-to-Asset falls into.

Atlas Elevators General Trading and Contracting 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.

Atlas Elevators General Trading and Contracting 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
	=	92.414	/	116.093
	=	0.80

Atlas Elevators General Trading and Contracting Co's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	63.013	/	88.08
	=

Atlas Elevators General Trading and Contracting Co (SAU:9578) 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%.

Atlas Elevators General Trading and Contracting Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Atlas Elevators General Trading and Contracting Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Atlas Elevators General Trading and Contracting Co (SAU:9578) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Atlas Elevators General Trading and Contracting Co (SAU:9578) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Area 223 Block1, Building 96, Beside fire station, Kuwait, SAU

Website

https://www.atlaslifts-sa.net

Atlas Elevators General Trading and Contracting Co Formerly Atlas Elevators Co is a company specializing in the supply, sale, installation and maintenance of the highest-quality elevators, hydraulic lifts and escalators, all conforming to European standards. It has has four Kuwaiti branches in Hawalli, Ardiya, Al Rai and Al Jahra also operate's in Saudi Arabia, Qatar, Bahrain and Oman.

Atlas Elevators General Trading and Contracting Co (SAU:9578) Headlines

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