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Tabreed PJSC (DFM:TABREED) Equity-to-Asset : 0.43 (As of Dec. 2023)


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What is Tabreed PJSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tabreed PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ6,318 Mil. Tabreed PJSC's Total Assets for the quarter that ended in Dec. 2023 was د.إ14,814 Mil. Therefore, Tabreed PJSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.43.

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

DFM:TABREED' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.5   Max: 0.58
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of Tabreed PJSC was 0.58. The lowest was 0.39. And the median was 0.50.

DFM:TABREED's Equity-to-Asset is ranked better than
60.77% of 520 companies
in the Utilities - Regulated industry
Industry Median: 0.375 vs DFM:TABREED: 0.43

Tabreed PJSC Equity-to-Asset Historical Data

The historical data trend for Tabreed 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.

Tabreed PJSC Equity-to-Asset Chart

Tabreed PJSC 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 0.56 0.39 0.39 0.42 0.43

Tabreed 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 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 0.42 0.42 0.43 0.42 0.43

Competitive Comparison of Tabreed PJSC's Equity-to-Asset

For the Utilities - Regulated Water subindustry, Tabreed 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.


Tabreed PJSC's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tabreed PJSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tabreed PJSC's Equity-to-Asset falls into.



Tabreed 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.

Tabreed 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
=6317.527/14813.69
=0.43

Tabreed 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
=6317.527/14813.69
=0.43

* 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.


Tabreed PJSC  (DFM:TABREED) 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%.


Tabreed PJSC Equity-to-Asset Related Terms

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


Tabreed PJSC (DFM:TABREED) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 29478, Masdar City, Abu Dhabi, ARE
Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.

Tabreed PJSC (DFM:TABREED) Headlines

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