United Mining Industries Co (SAU:9583) Equity-to-Asset : 0.47 (As of Dec. 2022)

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What is United Mining Industries Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. United Mining Industries Co's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ﷼165.4 Mil. United Mining Industries Co's Total Assets for the quarter that ended in Dec. 2022 was ﷼352.1 Mil.

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

SAU:9583' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47 Med: 0.5 Max: 0.53
Current: 0.53

During the past 2 years, the highest Equity to Asset Ratio of United Mining Industries Co was 0.53. The lowest was 0.47. And the median was 0.50.

SAU:9583's Equity-to-Asset is ranked worse than
52.02% of 396 companies
in the Building Materials industry
Industry Median: 0.54 vs SAU:9583: 0.53

United Mining Industries Co Equity-to-Asset Historical Data

The historical data trend for United Mining Industries 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.

United Mining Industries Co Equity-to-Asset Chart

United Mining Industries Co Annual Data

Trend

Dec22

Dec23

Equity-to-Asset

0.47

0.53

United Mining Industries Co Quarterly Data
	Dec22	Dec23
Equity-to-Asset	0.47	0.53

Competitive Comparison of United Mining Industries Co's Equity-to-Asset

For the Building Materials subindustry, United Mining Industries 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.

United Mining Industries Co's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, United Mining Industries Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where United Mining Industries Co's Equity-to-Asset falls into.

United Mining Industries 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.

United Mining Industries 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
	=	183.026	/	345.818
	=	0.53

United Mining Industries 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
	=	165.411	/	352.055
	=

United Mining Industries Co (SAU:9583) 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%.

United Mining Industries Co Equity-to-Asset Related Terms

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

United Mining Industries Co (SAU:9583) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » United Mining Industries Co (SAU:9583) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Madinah Al Munawarah Street, Salamah District, Salamah Tower, Floor No. 4, Office No. 403, Jeddah, SAU, 23525

Website

https://www.ugc.com.sa

United Mining Industries Co is a company involved in construction and building industry. It is one of the companies in the field of manufacturing gypsum and cement building materials and products in the Kingdom of Saudi Arabia. It offers products such as Gypsum Board, Fiber Cement Board Ceiling tiles and Gypsum Powder. The company has three business segments: Fiber cement board, Gypsum board Others. It earns majority of its revenue from Gypsum Board Segment.

United Mining Industries Co (SAU:9583) Headlines

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