Emirates Integrated Telecommunications Co PJSC (DFM:DU) Equity-to-Asset : 0.52 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

Emirates Integrated Telecommunications Co PJSC Equity-to-Asset Definition

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Emirates Integrated Telecommunications Co PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ9,243 Mil. Emirates Integrated Telecommunications Co PJSC's Total Assets for the quarter that ended in Dec. 2023 was د.إ17,704 Mil. Therefore, Emirates Integrated Telecommunications Co PJSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.

The historical rank and industry rank for Emirates Integrated Telecommunications Co PJSC's Equity-to-Asset or its related term are showing as below:

DFM:DU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.51 Max: 0.54
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of Emirates Integrated Telecommunications Co PJSC was 0.54. The lowest was 0.43. And the median was 0.51.

DFM:DU's Equity-to-Asset is ranked better than
70.05% of 394 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs DFM:DU: 0.52

Emirates Integrated Telecommunications Co PJSC Equity-to-Asset Historical Data

The historical data trend for Emirates Integrated Telecommunications 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.

Emirates Integrated Telecommunications Co PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.51

0.54

0.51

0.53

0.52

Emirates Integrated Telecommunications Co PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.53	0.50	0.56	0.54	0.52

Competitive Comparison

For the Telecom Services subindustry, Emirates Integrated Telecommunications 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.

Emirates Integrated Telecommunications Co PJSC Equity-to-Asset Distribution

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

* The bar in red indicates where Emirates Integrated Telecommunications Co PJSC's Equity-to-Asset falls into.

Emirates Integrated Telecommunications 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.

Emirates Integrated Telecommunications 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
	=	9243.213	/	17703.736
	=	0.52

Emirates Integrated Telecommunications 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
	=	9243.213	/	17703.736
	=	0.52

Emirates Integrated Telecommunications Co PJSC (DFM:DU) 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%.

Emirates Integrated Telecommunications Co PJSC Equity-to-Asset Related Terms

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

Emirates Integrated Telecommunications Co PJSC (DFM:DU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Emirates Integrated Telecommunications Co PJSC (DFM:DU) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Salam Tower, Dubai Media City, P.O. Box 502666, Dubai, ARE

Website

http://www.du.ae

Emirates Integrated Telecommunications Co PJSC is a telecommunication service provider. The company provides telecommunications and entertainment services to customers in the UAE. It is organized into four business segments: Mobile, Fixed, Wholesale, and Others Segment. Mobile Segment, which derives the company's revenue, offers mobility services to the enterprise and consumer market; the Fixed Segment provides wireline services; Wholesale Segment provides voice and data services to national and international carriers and operators, and Others include broadcasting services, international roaming, site sharing, etc.

Emirates Integrated Telecommunications Co PJSC (DFM:DU) Headlines

No Headlines