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Saudi Industrial Services Co (SAU:2190) Equity-to-Asset : 0.25 (As of Mar. 2024)


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What is Saudi Industrial Services Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Saudi Industrial Services Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼1,495 Mil. Saudi Industrial Services Co's Total Assets for the quarter that ended in Mar. 2024 was ﷼5,971 Mil. Therefore, Saudi Industrial Services Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.25.

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

SAU:2190' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.36   Max: 0.41
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of Saudi Industrial Services Co was 0.41. The lowest was 0.25. And the median was 0.36.

SAU:2190's Equity-to-Asset is ranked worse than
80.14% of 977 companies
in the Transportation industry
Industry Median: 0.49 vs SAU:2190: 0.25

Saudi Industrial Services Co Equity-to-Asset Historical Data

The historical data trend for Saudi Industrial Services Co'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.

Saudi Industrial Services Co Equity-to-Asset Chart

Saudi Industrial Services Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.27 0.30 0.30 0.25

Saudi Industrial Services Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.28 0.28 0.25 0.25

Competitive Comparison of Saudi Industrial Services Co's Equity-to-Asset

For the Marine Shipping subindustry, Saudi Industrial Services Co'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.


Saudi Industrial Services Co's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Saudi Industrial Services Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Saudi Industrial Services Co's Equity-to-Asset falls into.



Saudi Industrial Services Co 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.

Saudi Industrial Services Co'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
=1508.86/5989.981
=0.25

Saudi Industrial Services Co'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
=1494.96/5971.311
=0.25

* 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.


Saudi Industrial Services Co  (SAU:2190) 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%.


Saudi Industrial Services Co Equity-to-Asset Related Terms

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


Saudi Industrial Services Co (SAU:2190) Business Description

Traded in Other Exchanges
N/A
Address
Al-Madina Road, P.O. Box 14221, Suite 501, Saudi Business Centre, Jeddah, SAU, 21424
Saudi Industrial Services Co, through its subsidiaries, is engaged in the maintenance, operations, and management of factories, industrial facilities, construction of residential buildings and all related facilities such as entertainment centers, malls, restaurants, catering projects, construction of hospitals and buildings to provide health services to the factory and industrial company workmen, marketing factory products locally and worldwide, provide services and participate in the formation of companies. The reportable segments of the company are Port development and operations, Logistics parks and support services, and Water desalination and distribution. The company derives a majority of the revenue from the Port development and operations segment.

Saudi Industrial Services Co (SAU:2190) Headlines

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