Safaricom (NAI:SCOM) Equity-to-Asset : 0.35 (As of Mar. 2024)

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What is Safaricom Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Safaricom's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KES226,349 Mil. Safaricom's Total Assets for the quarter that ended in Mar. 2024 was KES641,164 Mil. Therefore, Safaricom's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

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

NAI:SCOM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.66 Max: 0.75
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Safaricom was 0.75. The lowest was 0.35. And the median was 0.66.

NAI:SCOM's Equity-to-Asset is ranked worse than
59.02% of 388 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs NAI:SCOM: 0.35

Safaricom Equity-to-Asset Historical Data

The historical data trend for Safaricom'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.

Safaricom Equity-to-Asset Chart

Safaricom Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

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0.67

0.60

0.40

0.37

0.35

Safaricom Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.40	0.38	0.37	0.36	0.35

Competitive Comparison of Safaricom's Equity-to-Asset

For the Telecom Services subindustry, Safaricom'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.

Safaricom's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Safaricom's Equity-to-Asset distribution charts can be found below:

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

Safaricom 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.

Safaricom's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	226349.1	/	641164.3
	=	0.35

Safaricom'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
	=	226349.1	/	641164.3
	=	0.35

Safaricom (NAI:SCOM) 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%.

Safaricom Equity-to-Asset Related Terms

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

Safaricom (NAI:SCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Safaricom PLC (NAI:SCOM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Safaricom House, Waiyaki Way, P.O. Box 66827, Westlands, Nairobi, KEN, 00800

Website

https://www.safaricom.co.ke

Safaricom PLC is a Kenya-based telecommunications company. The principal activities of the company are the provision of telecommunication services, providing a comprehensive range of integrated telecommunication services including voice and data both mobile and fixed, SMS, the internet, and m-pesa. The company also offers a wide range of devices such as Mobile handsets, mobile broadband modems, routers, tablets, and notebooks. The majority of its revenue comes from service revenues: Voice, m-pesa, mobile data, messaging, fixed data and other service revenue. The company serves both individual and corporate/enterprise customers.