Al Yahtellite Communications Co PJSC (ADX:YAHSAT) Equity-to-Asset : 0.42 (As of Dec. 2023)

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What is Al Yahtellite Communications Co PJSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Al Yahtellite Communications Co PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ3,092 Mil. Al Yahtellite Communications Co PJSC's Total Assets for the quarter that ended in Dec. 2023 was د.إ7,303 Mil. Therefore, Al Yahtellite Communications Co PJSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.

The historical rank and industry rank for Al Yahtellite Communications Co PJSC's Equity-to-Asset or its related term are showing as below:

ADX:YAHSAT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.46 Max: 0.54
Current: 0.42

During the past 6 years, the highest Equity to Asset Ratio of Al Yahtellite Communications Co PJSC was 0.54. The lowest was 0.42. And the median was 0.46.

ADX:YAHSAT's Equity-to-Asset is ranked better than
53.81% of 394 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs ADX:YAHSAT: 0.42

Al Yahtellite Communications Co PJSC Equity-to-Asset Historical Data

The historical data trend for Al Yahtellite Communications Co PJSC'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.

Al Yahtellite Communications Co PJSC Equity-to-Asset Chart

Al Yahtellite Communications Co PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.50

0.54

0.45

0.42

Al Yahtellite Communications Co PJSC Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial												0.42	0.42	0.41	0.39	0.42

Competitive Comparison of Al Yahtellite Communications Co PJSC's Equity-to-Asset

For the Telecom Services subindustry, Al Yahtellite Communications Co PJSC'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.

Al Yahtellite Communications Co PJSC's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Al Yahtellite Communications Co PJSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Al Yahtellite Communications Co PJSC's Equity-to-Asset falls into.

Al Yahtellite Communications Co PJSC 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.

Al Yahtellite Communications Co PJSC'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
	=	3091.513	/	7303.253
	=	0.42

Al Yahtellite Communications Co PJSC'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
	=	3091.513	/	7303.253
	=	0.42

Al Yahtellite Communications Co PJSC (ADX:YAHSAT) 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%.

Al Yahtellite Communications Co PJSC Equity-to-Asset Related Terms

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

Al Yahtellite Communications Co PJSC (ADX:YAHSAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Al Yah Satellite Communications Co PJSC (ADX:YAHSAT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Dhabi, Al Falah City, ARE

Website

https://www.yahsat.com

Al Yah Satellite Communications Co PJSC is a fixed and mobile satellite services operator offering integrated satellite communications solutions to over 150 countries across Europe, the Middle East, Africa, South America, Asia, and Australasia. It provides multipurpose satellite solutions to both government and commercial for broadband, broadcast, defense, and communications. The segments include the Infrastructure segment, Managed Solutions segment, Mobility Solutions segment, Data Solutions (BCS) segment, and Others. The majority is from the Infrastructure segment, which provides long-term satellite capacity leases, and satellite operation services. Geographically, it generates the majority of its revenue from the United Arab Emirates.

Al Yahtellite Communications Co PJSC (ADX:YAHSAT) Headlines

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