The historical rank and industry rank for El AL Israel Airlines's Equity-to-Asset or its related term are showing as below:
XTAE:ELAL'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.19 Med: 0.08 Max: 0.17
Current: 0.13
During the past 13 years, the highest Equity to Asset Ratio of El AL Israel Airlines was 0.17. The lowest was -0.19. And the median was 0.08.
XTAE:ELAL's Equity-to-Asset is ranked worse than 91.68% of 997
companies
in the Transportation industry
Industry Median: 0.5
vs XTAE:ELAL: 0.13
El AL Israel Airlines Equity-to-Asset Historical Data
The historical data trend for El AL Israel Airlines'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.
Competitive Comparison of El AL Israel Airlines's Equity-to-Asset
For the Airlines subindustry, El AL Israel Airlines'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.
El AL Israel Airlines's Equity-to-Asset Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, El AL Israel Airlines's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where El AL Israel Airlines's Equity-to-Asset falls into.
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.
El AL Israel Airlines's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
El AL Israel Airlines (XTAE:ELAL) 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%.
El AL Israel Airlines Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of El AL Israel Airlines's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
El AL Israel Airlines Ltd is an international airline company which provides air transportation of passengers and cargo in Israel and overseas, by means of passenger aircraft and cargo aircraft. The company's passenger aircraft mainly operate scheduled flights as well as charter flights. The group is engaged in activities related to the air transport operations, such as the sale of duty-free products, food production, and supply mainly to the company's aircraft, providing security services, ongoing maintenance services and overall maintenance services to aircraft of other airlines at Ben Gurion Airport, and managing travel agencies abroad. The reporting segments of the company are air transport on passenger aircraft, and air transport on cargo plane.
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