Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Raubex Group's Total Stockholders Equity for the quarter that ended in Feb. 2024 was R5,906 Mil. Raubex Group's Total Assets for the quarter that ended in Feb. 2024 was R13,195 Mil.
Therefore, Raubex Group's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.45.
The historical rank and industry rank for Raubex Group's Equity-to-Asset or its related term are showing as below:
JSE:RBX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45 Med: 0.54 Max: 0.57
Current: 0.45
During the past 13 years, the highest Equity to Asset Ratio of Raubex Group was 0.57. The lowest was 0.45. And the median was 0.54.
JSE:RBX's Equity-to-Asset is ranked better than 51.46% of 1683
companies
in the Construction industry
Industry Median: 0.45
vs JSE:RBX: 0.45
Raubex Group Equity-to-Asset Historical Data
The historical data trend for Raubex Group'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.
Competitive Comparison of Raubex Group's Equity-to-Asset
For the Engineering & Construction subindustry, Raubex Group'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.
Raubex Group's Equity-to-Asset Distribution in the Construction Industry
For the Construction industry and Industrials sector, Raubex Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Raubex Group's Equity-to-Asset falls into.
Raubex Group 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.
Raubex Group's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as
* 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.
Raubex Group (JSE:RBX) 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%.
Raubex Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Raubex Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Raubex Group Ltd is a South African infrastructure development and construction materials supply group. It operates across South Africa as well as throughout southern Africa. The group consists of three divisions as follows: The materials division specializes in the supply of aggregates from commercial quarries and is a provider of materials handling and screening services to the mining industry. Roads and Earthworks Division specializes in road construction and earthworks as well as road surfacing and rehabilitation which includes the manufacturing and laying of asphalt, chip and spray, surface dressing, enrichments, and slurry seals. The infrastructure division specializes in disciplines outside the road construction sector, including energy, rail, and telecommunications.
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