Al Mawarid Manpower Co (SAU:1833) Equity-to-Asset : 0.50 (As of Mar. 2024)

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What is Al Mawarid Manpower Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Al Mawarid Manpower Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼355 Mil. Al Mawarid Manpower Co's Total Assets for the quarter that ended in Mar. 2024 was ﷼712 Mil. Therefore, Al Mawarid Manpower Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.50.

The historical rank and industry rank for Al Mawarid Manpower Co's Equity-to-Asset or its related term are showing as below:

SAU:1833' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5 Med: 0.58 Max: 0.59
Current: 0.5

During the past 3 years, the highest Equity to Asset Ratio of Al Mawarid Manpower Co was 0.59. The lowest was 0.50. And the median was 0.58.

SAU:1833's Equity-to-Asset is ranked better than
51.56% of 1088 companies
in the Business Services industry
Industry Median: 0.5 vs SAU:1833: 0.50

Al Mawarid Manpower Co Equity-to-Asset Historical Data

The historical data trend for Al Mawarid Manpower 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.

Al Mawarid Manpower Co Equity-to-Asset Chart

Al Mawarid Manpower Co Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.58

0.54

Al Mawarid Manpower Co Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial						0.58	0.59	0.58	0.54	0.50

Competitive Comparison of Al Mawarid Manpower Co's Equity-to-Asset

For the Staffing & Employment Services subindustry, Al Mawarid Manpower 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.

Al Mawarid Manpower Co's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Al Mawarid Manpower Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Al Mawarid Manpower Co's Equity-to-Asset falls into.

Al Mawarid Manpower 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.

Al Mawarid Manpower 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
	=	343.885	/	641.517
	=	0.54

Al Mawarid Manpower 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
	=	354.83	/	711.866
	=	0.50

Al Mawarid Manpower Co (SAU:1833) 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%.

Al Mawarid Manpower Co Equity-to-Asset Related Terms

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

Al Mawarid Manpower Co (SAU:1833) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Al Mawarid Manpower Co (SAU:1833) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ibn Warqaa Street, P.O. Box 10370, Ar-Rawdah District, Riyadh, SAU, 13211

Website

https://www.mawarid.com.sa

Al Mawarid Manpower Co is a Saudi closed joint stock company. It is engaged in labor recruitment activities and the provision of manpower services in the Kingdom to corporate clients (in the public and private sectors) and individuals. The company operates in three reportable segments: Corporate Segment; Individual Segment - Contractual; and Individual Segment - Hourly Rental out of which Corporate Segment represents the majority revenue generated from corporate clients, mainly in connection with the following client industries: maintenance companies, restaurants, construction and contracting, transportation and hospitals.

Al Mawarid Manpower Co (SAU:1833) Headlines

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