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Salada Foods Jamaica (XJAM:SALF) Equity-to-Asset : 0.77 (As of Sep. 2024)


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What is Salada Foods Jamaica Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Salada Foods Jamaica's Total Stockholders Equity for the quarter that ended in Sep. 2024 was JMD1,159 Mil. Salada Foods Jamaica's Total Assets for the quarter that ended in Sep. 2024 was JMD1,510 Mil. Therefore, Salada Foods Jamaica's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.77.

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

XJAM:SALF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.77   Med: 0.83   Max: 0.89
Current: 0.77

During the past 13 years, the highest Equity to Asset Ratio of Salada Foods Jamaica was 0.89. The lowest was 0.77. And the median was 0.83.

XJAM:SALF's Equity-to-Asset is ranked better than
81.66% of 1930 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs XJAM:SALF: 0.77

Salada Foods Jamaica Equity-to-Asset Historical Data

The historical data trend for Salada Foods Jamaica'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.

Salada Foods Jamaica Equity-to-Asset Chart

Salada Foods Jamaica Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.79 0.78 0.82 0.77

Salada Foods Jamaica Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.82 0.85 0.80 0.82 0.77

Competitive Comparison of Salada Foods Jamaica's Equity-to-Asset

For the Packaged Foods subindustry, Salada Foods Jamaica'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.


Salada Foods Jamaica's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Salada Foods Jamaica's Equity-to-Asset distribution charts can be found below:

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


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Salada Foods Jamaica 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.

Salada Foods Jamaica's Equity to Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Equity to Asset (A: Sep. 2024 )=Total Stockholders Equity/Total Assets
=1158.774/1509.92
=0.77

Salada Foods Jamaica's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=1158.774/1509.92
=0.77

* 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.


Salada Foods Jamaica  (XJAM:SALF) 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%.


Salada Foods Jamaica Equity-to-Asset Related Terms

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


Salada Foods Jamaica Business Description

Traded in Other Exchanges
N/A
Address
20 Bell Road, P.O. Box 71, Kingston, JAM, 11
Salada Foods Jamaica Ltd is engaged in the manufacture and sale of instant coffee and roasted and ground coffee beans and other consumer products. Its products include Jamaica Mountain Peak an Instant Coffee prepared from freshly roasted and ground Arabica Beans from which the solubles are extracted and spray-driedIt has two geographic segments Local and Export, and the majority of the revenue comes from the Local.

Salada Foods Jamaica Headlines

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