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Saiham Cotton Mills (DHA:SAIHAMCOT) Equity-to-Asset : 0.50 (As of Dec. 2023)


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What is Saiham Cotton Mills Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Saiham Cotton Mills's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT5,417 Mil. Saiham Cotton Mills's Total Assets for the quarter that ended in Dec. 2023 was BDT10,932 Mil. Therefore, Saiham Cotton Mills's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

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

DHA:SAIHAMCOT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.59   Max: 0.66
Current: 0.5

During the past 9 years, the highest Equity to Asset Ratio of Saiham Cotton Mills was 0.66. The lowest was 0.48. And the median was 0.59.

DHA:SAIHAMCOT's Equity-to-Asset is ranked worse than
52.76% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs DHA:SAIHAMCOT: 0.50

Saiham Cotton Mills Equity-to-Asset Historical Data

The historical data trend for Saiham Cotton Mills'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.

Saiham Cotton Mills Equity-to-Asset Chart

Saiham Cotton Mills Annual Data
Trend Apr15 Apr16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.61 0.58 0.56 0.58 0.49

Saiham Cotton Mills 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 0.51 0.52 0.49 0.48 0.50

Competitive Comparison of Saiham Cotton Mills's Equity-to-Asset

For the Textile Manufacturing subindustry, Saiham Cotton Mills'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.


Saiham Cotton Mills's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Saiham Cotton Mills's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Saiham Cotton Mills's Equity-to-Asset falls into.



Saiham Cotton Mills 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.

Saiham Cotton Mills's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=5351.652/10943.816
=0.49

Saiham Cotton Mills'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
=5417.002/10931.902
=0.50

* 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.


Saiham Cotton Mills  (DHA:SAIHAMCOT) 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%.


Saiham Cotton Mills Equity-to-Asset Related Terms

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Saiham Cotton Mills (DHA:SAIHAMCOT) Business Description

Traded in Other Exchanges
N/A
Address
House No. 34, Road No. 136, Gulshan-1, Saiham Tower, Block No. SE (C)-1, 11th Floor, Dhaka, BGD, 1212
Saiham Cotton Mills Ltd manufactures and sells cotton yarns for the export-oriented knitting industry. It offers auto coned electronically cleared cotton carded and combed grey yarn in Bangladesh. Carded, Combed, Organic KH, Organic CH, and CMIA are among the company's products.

Saiham Cotton Mills (DHA:SAIHAMCOT) Headlines

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