Raoom Trading Co (SAU:9529) Equity-to-Asset : 0.74 (As of Sep. 2023)

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What is Raoom Trading Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Raoom Trading Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ﷼129.19 Mil. Raoom Trading Co's Total Assets for the quarter that ended in Sep. 2023 was ﷼175.66 Mil. Therefore, Raoom Trading Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.74.

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

SAU:9529' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69 Med: 0.71 Max: 0.74
Current: 0.74

During the past 2 years, the highest Equity to Asset Ratio of Raoom Trading Co was 0.74. The lowest was 0.69. And the median was 0.71.

SAU:9529's Equity-to-Asset is ranked better than
88.78% of 1685 companies
in the Construction industry
Industry Median: 0.45 vs SAU:9529: 0.74

Raoom Trading Co Equity-to-Asset Historical Data

The historical data trend for Raoom Trading 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.

Raoom Trading Co Equity-to-Asset Chart

Raoom Trading Co Annual Data

Trend

Dec21

Dec22

Equity-to-Asset

0.71

0.69

Raoom Trading Co Quarterly Data
	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			0.71	-	0.69	0.74	0.74

Competitive Comparison of Raoom Trading Co's Equity-to-Asset

For the Building Products & Equipment subindustry, Raoom Trading 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.

Raoom Trading Co's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Raoom Trading Co's Equity-to-Asset distribution charts can be found below:

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

Raoom Trading 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.

Raoom Trading Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	95.455	/	139.11
	=	0.69

Raoom Trading Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	129.19	/	175.661
	=	0.74

Raoom Trading Co (SAU:9529) 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%.

Raoom Trading Co Equity-to-Asset Related Terms

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

Raoom Trading Co (SAU:9529) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Raoom Trading Co (SAU:9529) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Onaiza Street, P.O. Box 48, Buraidah, SAU, 3245039

Website

https://www.raoomco.com

Raoom Trading Co is engaged in the manufacturing and trading of glass, mirrors, and aluminum decorations. Its products include Mirrors, Polycarbonate, Clear Flat Glass, Stained Glass, Reflective Glass, Trajectory Glass and Grained Glass.

Raoom Trading Co (SAU:9529) Headlines

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