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AlSaif Stores for Development and Investment Co (SAU:4192) Equity-to-Asset : 0.43 (As of Dec. 2023)


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What is AlSaif Stores for Development and Investment Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AlSaif Stores for Development and Investment Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼402.6 Mil. AlSaif Stores for Development and Investment Co's Total Assets for the quarter that ended in Dec. 2023 was ﷼941.0 Mil. Therefore, AlSaif Stores for Development and Investment Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.43.

The historical rank and industry rank for AlSaif Stores for Development and Investment Co's Equity-to-Asset or its related term are showing as below:

SAU:4192' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.62   Max: 0.63
Current: 0.43

During the past 3 years, the highest Equity to Asset Ratio of AlSaif Stores for Development and Investment Co was 0.63. The lowest was 0.43. And the median was 0.62.

SAU:4192's Equity-to-Asset is ranked worse than
69.77% of 430 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs SAU:4192: 0.43

AlSaif Stores for Development and Investment Co Equity-to-Asset Historical Data

The historical data trend for AlSaif Stores for Development and Investment 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.

AlSaif Stores for Development and Investment Co Equity-to-Asset Chart

AlSaif Stores for Development and Investment Co Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.62 0.63 0.43

AlSaif Stores for Development and Investment Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.63 0.61 0.63 0.51 0.43

Competitive Comparison of AlSaif Stores for Development and Investment Co's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, AlSaif Stores for Development and Investment 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.


AlSaif Stores for Development and Investment Co's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, AlSaif Stores for Development and Investment Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where AlSaif Stores for Development and Investment Co's Equity-to-Asset falls into.



AlSaif Stores for Development and Investment 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.

AlSaif Stores for Development and Investment 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
=402.553/940.982
=0.43

AlSaif Stores for Development and Investment 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
=402.553/940.982
=0.43

* 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.


AlSaif Stores for Development and Investment Co  (SAU:4192) 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%.


AlSaif Stores for Development and Investment Co Equity-to-Asset Related Terms

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AlSaif Stores for Development and Investment Co (SAU:4192) Business Description

Traded in Other Exchanges
N/A
Address
Saud bin Abdulaziz bin Mohammed Street, Riyadh Altaawon Distrct Emam, P.O. Box 10448, Riyadh, SAU, 11626
AlSaif Stores for Development and Investment Co operates in the home utensils and appliances retail sector in Saudi Arabia. The company fulfills customer needs such as by providing small home appliances, kitchenware, serveware, and other home accessories.

AlSaif Stores for Development and Investment Co (SAU:4192) Headlines

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