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Abu Dhabi Aviation Co (ADX:ADAVIATION) Equity-to-Asset : 0.79 (As of Mar. 2024)


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What is Abu Dhabi Aviation Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Abu Dhabi Aviation Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was د.إ4,130 Mil. Abu Dhabi Aviation Co's Total Assets for the quarter that ended in Mar. 2024 was د.إ5,256 Mil. Therefore, Abu Dhabi Aviation Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.79.

The historical rank and industry rank for Abu Dhabi Aviation Co's Equity-to-Asset or its related term are showing as below:

ADX:ADAVIATION' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.6   Max: 0.79
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Abu Dhabi Aviation Co was 0.79. The lowest was 0.51. And the median was 0.60.

ADX:ADAVIATION's Equity-to-Asset is ranked better than
90.78% of 976 companies
in the Transportation industry
Industry Median: 0.49 vs ADX:ADAVIATION: 0.79

Abu Dhabi Aviation Co Equity-to-Asset Historical Data

The historical data trend for Abu Dhabi Aviation Co'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.

Abu Dhabi Aviation Co Equity-to-Asset Chart

Abu Dhabi Aviation Co 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 0.61 0.63 0.60 0.65 0.65

Abu Dhabi Aviation Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.66 0.65 0.65 0.65 0.79

Competitive Comparison of Abu Dhabi Aviation Co's Equity-to-Asset

For the Airports & Air Services subindustry, Abu Dhabi Aviation Co'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.


Abu Dhabi Aviation Co's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Abu Dhabi Aviation Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Aviation Co's Equity-to-Asset falls into.



Abu Dhabi Aviation Co 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.

Abu Dhabi Aviation Co'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
=3906.91/6045.934
=0.65

Abu Dhabi Aviation Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=4129.734/5255.697
=0.79

* 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.


Abu Dhabi Aviation Co  (ADX:ADAVIATION) 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%.


Abu Dhabi Aviation Co Equity-to-Asset Related Terms

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Abu Dhabi Aviation Co (ADX:ADAVIATION) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 2723, Abu Dhabi, ARE
Website
Abu Dhabi Aviation Co is a commercial airline operator based in the Middle East. Its key revenue-generating segment is that of helicopters and fixed-wing aircraft operations within the United Arab Emirates. Among its other business segments are Commercial Aircraft Operations, Air Cargo, Investments, Helicopter and fixed wing operations and others. The firm generates revenue from the Helicopter & fixed wing operations. Other sources of revenue include training of pilots, rental income from investment properties and other management consultancy services.

Abu Dhabi Aviation Co (ADX:ADAVIATION) Headlines

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