View United Real Estate Development Co (SAU:9591) Equity-to-Asset : 0.54 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is View United Real Estate Development Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. View United Real Estate Development Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ﷼60.39 Mil. View United Real Estate Development Co's Total Assets for the quarter that ended in Jun. 2024 was ﷼111.04 Mil. Therefore, View United Real Estate Development Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.54.

The historical rank and industry rank for View United Real Estate Development Co's Equity-to-Asset or its related term are showing as below:

SAU:9591' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.54 Max: 0.81
Current: 0.54

During the past 2 years, the highest Equity to Asset Ratio of View United Real Estate Development Co was 0.81. The lowest was 0.38. And the median was 0.54.

SAU:9591's Equity-to-Asset is ranked better than
65.25% of 1810 companies
in the Real Estate industry
Industry Median: 0.45 vs SAU:9591: 0.54

View United Real Estate Development Co Equity-to-Asset Historical Data

The historical data trend for View United Real Estate Development 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.

View United Real Estate Development Co Equity-to-Asset Chart

View United Real Estate Development Co Annual Data

Trend

Dec22

Dec23

Equity-to-Asset

0.38

0.81

View United Real Estate Development Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Equity-to-Asset	0.38	-	0.81	0.54

Competitive Comparison of View United Real Estate Development Co's Equity-to-Asset

For the Real Estate - Development subindustry, View United Real Estate Development 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.

View United Real Estate Development Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, View United Real Estate Development Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where View United Real Estate Development Co's Equity-to-Asset falls into.

Save Embed

;

Save Embed

;

View United Real Estate Development 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.

View United Real Estate Development 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
	=	66.037	/	81.645
	=	0.81

View United Real Estate Development 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
	=	60.386	/	111.044
	=	0.54

View United Real Estate Development Co (SAU:9591) 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%.

View United Real Estate Development Co Equity-to-Asset Related Terms

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

View United Real Estate Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » View United Real Estate Development Co (SAU:9591) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

3898 Anas Bin Malik Road, Al Yasmeen District 6577, Riyadh, SAU, 13325

Website

https://www.view.sa

View United Real Estate Development Co is a real estate development company relying on high expertise and modern technology in all stages of development and implementation to reach the architectural and construction design. The company's business activities consists of construction of residential buildings, general construction of non-residential buildings such as schools, hospitals, and hotels, purchasing and selling land and properties, off-plan sales, and management and leasing of owned or leased residential and non-residential properties.

View United Real Estate Development Co Headlines

No Headlines