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Mobile Telecommunications Companyudi Arabia (SAU:7030) Equity-to-Asset : 0.40 (As of Mar. 2024)


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What is Mobile Telecommunications Companyudi Arabia Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mobile Telecommunications Companyudi Arabia's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼10,659 Mil. Mobile Telecommunications Companyudi Arabia's Total Assets for the quarter that ended in Mar. 2024 was ﷼26,838 Mil. Therefore, Mobile Telecommunications Companyudi Arabia's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.40.

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

SAU:7030' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.18   Max: 0.4
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Mobile Telecommunications Companyudi Arabia was 0.40. The lowest was 0.13. And the median was 0.18.

SAU:7030's Equity-to-Asset is ranked worse than
51.54% of 390 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs SAU:7030: 0.40

Mobile Telecommunications Companyudi Arabia Equity-to-Asset Historical Data

The historical data trend for Mobile Telecommunications Companyudi Arabia'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.

Mobile Telecommunications Companyudi Arabia Equity-to-Asset Chart

Mobile Telecommunications Companyudi Arabia 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 0.15 0.31 0.32 0.34 0.39

Mobile Telecommunications Companyudi Arabia 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 0.36 0.35 0.37 0.39 0.40

Competitive Comparison of Mobile Telecommunications Companyudi Arabia's Equity-to-Asset

For the Telecom Services subindustry, Mobile Telecommunications Companyudi Arabia'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.


Mobile Telecommunications Companyudi Arabia's Equity-to-Asset Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Mobile Telecommunications Companyudi Arabia's Equity-to-Asset falls into.



Mobile Telecommunications Companyudi Arabia 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.

Mobile Telecommunications Companyudi Arabia'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
=10591.42/27378.232
=0.39

Mobile Telecommunications Companyudi Arabia'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
=10659.385/26837.842
=0.40

* 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.


Mobile Telecommunications Companyudi Arabia  (SAU:7030) 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%.


Mobile Telecommunications Companyudi Arabia Equity-to-Asset Related Terms

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Mobile Telecommunications Companyudi Arabia (SAU:7030) Business Description

Traded in Other Exchanges
N/A
Address
Granada Business Park - Building A3, Zain in Saudi Arabia, P.O. Box 295814, Riyadh, SAU, 11351
Mobile Telecommunications Company Saudi Arabia serves in the communication sector based in the Middle East. The company is engaged in the purchases, sells, distributes, installs, manages and maintains mobile telephone services and equipment. It also provides consulting services; constructs and repairs telecom towers and others. The firm's Mobile Telecommunications Group derives the majority of its revenue.

Mobile Telecommunications Companyudi Arabia (SAU:7030) Headlines

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