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SMB Cote d'Ivoire (XBRV:SMBC) Equity-to-Asset : 0.15 (As of Dec. 2022)


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What is SMB Cote d'Ivoire Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SMB Cote d'Ivoire's Total Stockholders Equity for the quarter that ended in Dec. 2022 was XOF24,931 Mil. SMB Cote d'Ivoire's Total Assets for the quarter that ended in Dec. 2022 was XOF164,780 Mil. Therefore, SMB Cote d'Ivoire's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.15.

The historical rank and industry rank for SMB Cote d'Ivoire's Equity-to-Asset or its related term are showing as below:

XBRV:SMBC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.09   Med: 0.1   Max: 0.28
Current: 0.15

During the past 13 years, the highest Equity to Asset Ratio of SMB Cote d'Ivoire was 0.28. The lowest was -0.09. And the median was 0.10.

XBRV:SMBC's Equity-to-Asset is ranked worse than
95.54% of 1569 companies
in the Chemicals industry
Industry Median: 0.59 vs XBRV:SMBC: 0.15

SMB Cote d'Ivoire Equity-to-Asset Historical Data

The historical data trend for SMB Cote d'Ivoire'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.

SMB Cote d'Ivoire Equity-to-Asset Chart

SMB Cote d'Ivoire Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.11 0.28 0.20 0.15

SMB Cote d'Ivoire Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 0.15 0.11 0.28 0.20 0.15

Competitive Comparison of SMB Cote d'Ivoire's Equity-to-Asset

For the Specialty Chemicals subindustry, SMB Cote d'Ivoire'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.


SMB Cote d'Ivoire's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SMB Cote d'Ivoire's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where SMB Cote d'Ivoire's Equity-to-Asset falls into.



SMB Cote d'Ivoire 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.

SMB Cote d'Ivoire's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=24931/164780
=0.15

SMB Cote d'Ivoire's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=24931/164780
=0.15

* 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.


SMB Cote d'Ivoire  (XBRV:SMBC) 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%.


SMB Cote d'Ivoire Equity-to-Asset Related Terms

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


SMB Cote d'Ivoire (XBRV:SMBC) Business Description

Traded in Other Exchanges
N/A
Address
Boulevard de Petit Bassam, Vridi, Abidjan, CIV, BP 622
SMB Cote d'Ivoire, formerly Societe Multinationale de Bitumes SA is engaged in the refinement of crude oil. Its products are obtained by direct distillation of a South American heavy crude. It offers its products for the production of road bitumen. The various grades of bitumen offered by the company include 35/50, 40/50, 50/70, AC-10 and AC-20 among others.

SMB Cote d'Ivoire (XBRV:SMBC) Headlines

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