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Sasol (SSL) Equity-to-Asset : 0.45 (As of Jun. 2023)


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What is Sasol Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sasol's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $10,504 Mil. Sasol's Total Assets for the quarter that ended in Jun. 2023 was $23,144 Mil. Therefore, Sasol's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.45.

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

SSL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.46   Max: 0.59
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Sasol was 0.59. The lowest was 0.32. And the median was 0.46.

SSL's Equity-to-Asset is ranked worse than
79.97% of 1563 companies
in the Chemicals industry
Industry Median: 0.59 vs SSL: 0.39

Sasol Equity-to-Asset Historical Data

The historical data trend for Sasol'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.

Sasol Equity-to-Asset Chart

Sasol Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.41 0.45 0.45 0.39

Sasol Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Jun24
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 0.42 0.45 0.47 0.45 0.39

Competitive Comparison of Sasol's Equity-to-Asset

For the Specialty Chemicals subindustry, Sasol'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.


Sasol's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sasol's Equity-to-Asset distribution charts can be found below:

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



Sasol 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.

Sasol's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=7759.739/19804.548
=0.39

Sasol's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=10504.46/23144.445
=0.45

* 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.


Sasol  (NYSE:SSL) 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%.


Sasol Equity-to-Asset Related Terms

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


Sasol Business Description

Address
50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, ZAF, 2196
Sasol Ltd operates as a vertically integrated chemicals and energy company through its two main segments: Energy business and Chemical business. It generates maximum revenue from the Chemicals segment. The company operates coal mines and its upstream interests in oil and gas, both of which are used as feedstock in the company's energy and chemicals operations. Geographically the company generates the majority of its revenue from South Africa.