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Sarine Technologies (SGX:U77) Equity-to-Asset : 0.79 (As of Dec. 2023)


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What is Sarine Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sarine Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$80.35 Mil. Sarine Technologies's Total Assets for the quarter that ended in Dec. 2023 was S$102.04 Mil. Therefore, Sarine Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.79.

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

SGX:U77' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.76   Med: 0.83   Max: 0.88
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Sarine Technologies was 0.88. The lowest was 0.76. And the median was 0.83.

SGX:U77's Equity-to-Asset is ranked better than
84.12% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs SGX:U77: 0.79

Sarine Technologies Equity-to-Asset Historical Data

The historical data trend for Sarine Technologies'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.

Sarine Technologies Equity-to-Asset Chart

Sarine Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.76 0.80 0.79 0.79

Sarine Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.80 0.79 0.75 0.79

Competitive Comparison of Sarine Technologies's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Sarine Technologies'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.


Sarine Technologies's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sarine Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sarine Technologies's Equity-to-Asset falls into.



Sarine Technologies 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.

Sarine Technologies'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
=80.352/102.042
=0.79

Sarine Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=80.352/102.042
=0.79

* 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.


Sarine Technologies  (SGX:U77) 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%.


Sarine Technologies Equity-to-Asset Related Terms

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Sarine Technologies (SGX:U77) Business Description

Traded in Other Exchanges
Address
4 Haharash Street, Hod Hasharon, ISR, 4524075
Sarine Technologies Ltd is a company engaged in the development and manufacturing of advanced evaluation, planning, processing, and finishing systems for diamond and gemstone production. The company's products provide solutions for every stage of the rough diamond manufacturing process from geometrical modelling and internal inclusion mapping of the rough stone, through determining the derivable polished gems, based on true dollar value. Sarine has operations in India, Africa, Europe, North America, Israel, the other countries, out of which the majority of the revenue is generated from India.

Sarine Technologies (SGX:U77) Headlines

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