Israel Shipyards Industries (XTAE:ISHI) Equity-to-Asset : 0.53 (As of Dec. 2023)

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What is Israel Shipyards Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Israel Shipyards Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪927 Mil. Israel Shipyards Industries's Total Assets for the quarter that ended in Dec. 2023 was ₪1,745 Mil. Therefore, Israel Shipyards Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

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

XTAE:ISHI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.52 Max: 0.54
Current: 0.53

During the past 7 years, the highest Equity to Asset Ratio of Israel Shipyards Industries was 0.54. The lowest was 0.35. And the median was 0.52.

XTAE:ISHI's Equity-to-Asset is ranked better than
61.59% of 315 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs XTAE:ISHI: 0.53

Israel Shipyards Industries Equity-to-Asset Historical Data

The historical data trend for Israel Shipyards Industries'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.

Israel Shipyards Industries Equity-to-Asset Chart

Israel Shipyards Industries Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.35

0.53

0.51

0.54

0.53

Israel Shipyards Industries 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															0.54	0.53	0.54	0.53	0.53

Competitive Comparison of Israel Shipyards Industries's Equity-to-Asset

For the Aerospace & Defense subindustry, Israel Shipyards Industries'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.

Israel Shipyards Industries's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Israel Shipyards Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Israel Shipyards Industries's Equity-to-Asset falls into.

Israel Shipyards Industries 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.

Israel Shipyards Industries'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
	=	927.198	/	1744.65
	=	0.53

Israel Shipyards Industries'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
	=	927.198	/	1744.65
	=	0.53

Israel Shipyards Industries (XTAE:ISHI) 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%.

Israel Shipyards Industries Equity-to-Asset Related Terms

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

Israel Shipyards Industries (XTAE:ISHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Israel Shipyards Industries Ltd (XTAE:ISHI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haifa Bay, P.O.B. 10630, Haifa, ISR, 2611702

Website

https://www.israel-shipyards.com

Israel Shipyards Industries Ltd is a ship building company. The company designs, renovates, and repairs ships and vessels. The product portfolio includes Fast-Attack Vessel, Patrol Vessel, Fast Patrol Craft, Merchant ships, Floating docks, Tugs, Service boats, and other products. Also, the company manufactures Pressure Vessels, Panamax Container Cranes, and Industrial Large Pressure Vessels.