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Inrom Construction Industries (XTAE:INRM) Equity-to-Asset : 0.53 (As of Sep. 2024)


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What is Inrom Construction Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Inrom Construction Industries's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₪1,070.9 Mil. Inrom Construction Industries's Total Assets for the quarter that ended in Sep. 2024 was ₪2,032.7 Mil. Therefore, Inrom Construction Industries's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.53.

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

XTAE:INRM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.36   Max: 0.61
Current: 0.53

During the past 11 years, the highest Equity to Asset Ratio of Inrom Construction Industries was 0.61. The lowest was 0.28. And the median was 0.36.

XTAE:INRM's Equity-to-Asset is ranked worse than
53.17% of 410 companies
in the Building Materials industry
Industry Median: 0.55 vs XTAE:INRM: 0.53

Inrom Construction Industries Equity-to-Asset Historical Data

The historical data trend for Inrom Construction Industries'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.

Inrom Construction Industries Equity-to-Asset Chart

Inrom Construction Industries 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 0.33 0.38 0.50 0.51 0.57

Inrom Construction Industries 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 0.47 0.57 0.61 0.57 0.53

Competitive Comparison of Inrom Construction Industries's Equity-to-Asset

For the Building Materials subindustry, Inrom Construction Industries'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.


Inrom Construction Industries's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Inrom Construction Industries's Equity-to-Asset distribution charts can be found below:

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



Inrom Construction Industries 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.

Inrom Construction Industries'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
=811.028/1415.87
=0.57

Inrom Construction Industries'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
=1070.886/2032.737
=0.53

* 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.


Inrom Construction Industries  (XTAE:INRM) 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%.


Inrom Construction Industries Equity-to-Asset Related Terms

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


Inrom Construction Industries Business Description

Traded in Other Exchanges
N/A
Address
Golan Street, Beit Golan, Airport City, ISR
Inrom Construction Industries Ltd is an Israel-based company engaged in the construction sector. The company offers varieties of products and solutions for the construction and renovation industries, for industrial and other uses. It operates through three businesses. The construction solutions business operates, manufactures and markets flooring solutions, environment and landscape and others. Its construction finishing product business offers mortar products for flooring, plaster and special salts and other complementary products including sealants, coatings, and bonding materials. The color products business provides paint products for interior and exterior, decorative colors for special designs, various coatings and more.

Inrom Construction Industries Headlines

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