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Presight AI Holding (ADX:PRESIGHT) Equity-to-Asset : 0.73 (As of Dec. 2023)


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What is Presight AI Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Presight AI Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ2,968 Mil. Presight AI Holding's Total Assets for the quarter that ended in Dec. 2023 was د.إ4,073 Mil. Therefore, Presight AI Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.73.

The historical rank and industry rank for Presight AI Holding's Equity-to-Asset or its related term are showing as below:

ADX:PRESIGHT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.62   Max: 0.73
Current: 0.73

During the past 3 years, the highest Equity to Asset Ratio of Presight AI Holding was 0.73. The lowest was 0.46. And the median was 0.62.

ADX:PRESIGHT's Equity-to-Asset is ranked better than
75.56% of 2852 companies
in the Software industry
Industry Median: 0.55 vs ADX:PRESIGHT: 0.73

Presight AI Holding Equity-to-Asset Historical Data

The historical data trend for Presight AI Holding'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.

Presight AI Holding Equity-to-Asset Chart

Presight AI Holding Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.62 0.46 0.73

Presight AI Holding Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.46 0.79 0.79 0.76 0.73

Competitive Comparison of Presight AI Holding's Equity-to-Asset

For the Software - Application subindustry, Presight AI Holding'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.


Presight AI Holding's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Presight AI Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Presight AI Holding's Equity-to-Asset falls into.



Presight AI Holding 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.

Presight AI Holding'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
=2968.131/4072.968
=0.73

Presight AI Holding'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
=2968.131/4072.968
=0.73

* 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.


Presight AI Holding  (ADX:PRESIGHT) 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%.


Presight AI Holding Equity-to-Asset Related Terms

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Presight AI Holding (ADX:PRESIGHT) Business Description

Traded in Other Exchanges
N/A
Address
Al Khatem Tower, 33rd Floor, ADGM, Al Maryah Island, Abu Dhabi, ARE
Presight AI Holding Plc provides digital transformation services through big data analytics powered by artificial intelligence. It combines analytics, big data, and AI expertise to serve every sector, of every scale, to create business and societal value. The group's world-class omni-analytics platform, TAQ, leverages big data and analytics to deliver cutting-edge Al technology, enabling forecasting and the anticipation of outcomes to support insight-driven, decision making that shapes policy and delivers societal impact.

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