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Arabian Contracting Services Co (SAU:4071) Equity-to-Asset : 0.25 (As of Dec. 2023)


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What is Arabian Contracting Services Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arabian Contracting Services Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼1,113 Mil. Arabian Contracting Services Co's Total Assets for the quarter that ended in Dec. 2023 was ﷼4,545 Mil. Therefore, Arabian Contracting Services Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.25.

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

SAU:4071' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.28   Max: 0.4
Current: 0.25

During the past 4 years, the highest Equity to Asset Ratio of Arabian Contracting Services Co was 0.40. The lowest was 0.23. And the median was 0.28.

SAU:4071's Equity-to-Asset is ranked worse than
77.74% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs SAU:4071: 0.25

Arabian Contracting Services Co Equity-to-Asset Historical Data

The historical data trend for Arabian Contracting 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.

Arabian Contracting Services Co Equity-to-Asset Chart

Arabian Contracting Services Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.40 0.23 0.31 0.25

Arabian Contracting Services Co Quarterly Data
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 0.31 0.32 0.35 0.39 0.25

Competitive Comparison of Arabian Contracting Services Co's Equity-to-Asset

For the Advertising Agencies subindustry, Arabian Contracting 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.


Arabian Contracting Services Co's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Arabian Contracting Services Co's Equity-to-Asset distribution charts can be found below:

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



Arabian Contracting 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.

Arabian Contracting 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
=1113.144/4545.374
=0.24

Arabian Contracting Services Co'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
=1113.144/4545.374
=0.24

* 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.


Arabian Contracting Services Co  (SAU:4071) 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%.


Arabian Contracting Services Co Equity-to-Asset Related Terms

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Arabian Contracting Services Co (SAU:4071) Business Description

Traded in Other Exchanges
N/A
Address
Olaya Towers, Tower B, Floor 33, P.O.Box 55905, Riyadh, SAU, 11544
Arabian Contracting Services Co in setting up and operating outdoor advertising billboards, including roadside advertising and indoor advertising. In roadside advertising, the company participates in the tenders organized by various secretariat, municipalities, and government agencies in all provinces and cities of Saudi Arabia to lease and invest in the many sites belonging to these agencies and secretariat by installing billboards in them and selling these billboards advertising spaces to their clients.

Arabian Contracting Services Co (SAU:4071) Headlines

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