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Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Equity-to-Asset : 0.37 (As of Dec. 2023)


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What is Abu Dhabi Ports Co PJSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Abu Dhabi Ports Co PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ20,825 Mil. Abu Dhabi Ports Co PJSC's Total Assets for the quarter that ended in Dec. 2023 was د.إ55,611 Mil. Therefore, Abu Dhabi Ports Co PJSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.37.

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

ADX:ADPORTS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.38   Max: 0.5
Current: 0.37

During the past 6 years, the highest Equity to Asset Ratio of Abu Dhabi Ports Co PJSC was 0.50. The lowest was 0.31. And the median was 0.38.

ADX:ADPORTS's Equity-to-Asset is ranked worse than
66.33% of 980 companies
in the Transportation industry
Industry Median: 0.49 vs ADX:ADPORTS: 0.37

Abu Dhabi Ports Co PJSC Equity-to-Asset Historical Data

The historical data trend for Abu Dhabi Ports Co PJSC'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 Ports Co PJSC Equity-to-Asset Chart

Abu Dhabi Ports Co PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.35 0.31 0.38 0.50 0.37

Abu Dhabi Ports Co PJSC Quarterly Data
Dec18 Dec19 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 0.50 0.45 0.39 0.39 0.37

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

For the Marine Shipping subindustry, Abu Dhabi Ports Co PJSC'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 Ports Co PJSC's Equity-to-Asset Distribution in the Transportation Industry

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

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



Abu Dhabi Ports Co PJSC 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 Ports Co PJSC'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
=20824.921/55610.989
=0.37

Abu Dhabi Ports Co PJSC'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
=20824.921/55610.989
=0.37

* 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 Ports Co PJSC  (ADX:ADPORTS) 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 Ports Co PJSC Equity-to-Asset Related Terms

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


Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Business Description

Traded in Other Exchanges
N/A
Address
Al Mina Street. Nearest Landmark: Zayed Port, Gate 1, Next to Zayed Port, P.O. Box 54477, Abu Dhabi, ARE, 54477
Abu Dhabi Ports Co PJSC owns, operates, maintains, manages, and develops all ports, docks, harbors, quays, waterways, bridges, breakwaters, infrastructure, and related installations in the Emirate of Abu Dhabi. It also constructs, manages, and develops the industrial, commercial, and non-financial service-free zones on plots of land granted or allocated by the Government of Abu Dhabi. The company's segments include Ports; Economic Cities and Free Zones (EC&FZ); Logistics; Maritime; Digital and Corporate.

Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Headlines

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