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Armah Sports Co (SAU:9590) Equity-to-Asset : 0.43 (As of Dec. 2022)


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What is Armah Sports Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Armah Sports Co's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ﷼246.58 Mil. Armah Sports Co's Total Assets for the quarter that ended in Dec. 2022 was ﷼580.03 Mil.

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

SAU:9590' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.43   Max: 0.45
Current: 0.45

During the past 3 years, the highest Equity to Asset Ratio of Armah Sports Co was 0.45. The lowest was 0.07. And the median was 0.43.

SAU:9590's Equity-to-Asset is ranked worse than
52.49% of 842 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs SAU:9590: 0.45

Armah Sports Co Equity-to-Asset Historical Data

The historical data trend for Armah Sports 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.

Armah Sports Co Equity-to-Asset Chart

Armah Sports Co Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.07 0.43 0.45

Armah Sports Co Quarterly Data
Dec22 Dec23
Equity-to-Asset 0.43 0.45

Competitive Comparison of Armah Sports Co's Equity-to-Asset

For the Leisure subindustry, Armah Sports 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.


Armah Sports Co's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Armah Sports Co's Equity-to-Asset distribution charts can be found below:

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



Armah Sports 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.

Armah Sports 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
=377.991/835.197
=0.45

Armah Sports 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
=246.58/580.029
=

* 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.


Armah Sports Co  (SAU:9590) 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%.


Armah Sports Co Equity-to-Asset Related Terms

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Armah Sports Co (SAU:9590) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Takhassusi Street, P.O. Box 3894, Al-Nakheel District, Riyadh, SAU, 12382
Armah Sports Co is a company whose primary activities include operating facilities, sport centers, retail sales of sports apparel, and providing food services in sport facilities, salons, and other sports activities. The company operates into two geographical segments: Central region and Western region. It derives maximum revenue from Western Region.

Armah Sports Co (SAU:9590) Headlines

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