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Balady Poultry Trading Co (SAU:9559) Equity-to-Asset : 0.82 (As of Dec. 2023)


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What is Balady Poultry Trading Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Balady Poultry Trading Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼210.2 Mil. Balady Poultry Trading Co's Total Assets for the quarter that ended in Dec. 2023 was ﷼256.1 Mil. Therefore, Balady Poultry Trading Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.82.

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

SAU:9559' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 0.78   Max: 0.82
Current: 0.82

During the past 2 years, the highest Equity to Asset Ratio of Balady Poultry Trading Co was 0.82. The lowest was 0.74. And the median was 0.78.

SAU:9559's Equity-to-Asset is ranked better than
88.27% of 1926 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs SAU:9559: 0.82

Balady Poultry Trading Co Equity-to-Asset Historical Data

The historical data trend for Balady Poultry 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.

Balady Poultry Trading Co Equity-to-Asset Chart

Balady Poultry Trading Co Annual Data
Trend Dec22 Dec23
Equity-to-Asset
0.74 0.82

Balady Poultry Trading Co Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.74 0.75 0.80 0.80 0.82

Competitive Comparison of Balady Poultry Trading Co's Equity-to-Asset

For the Farm Products subindustry, Balady Poultry 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.


Balady Poultry Trading Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Balady Poultry Trading Co's Equity-to-Asset distribution charts can be found below:

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



Balady Poultry 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.

Balady Poultry Trading 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
=210.221/256.14
=0.82

Balady Poultry Trading 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
=210.221/256.14
=0.82

* 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.


Balady Poultry Trading Co  (SAU:9559) 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%.


Balady Poultry Trading Co Equity-to-Asset Related Terms

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


Balady Poultry Trading Co (SAU:9559) Business Description

Traded in Other Exchanges
N/A
Address
Main Road, Wadi bin Hashbal, Khamis Mushayt, SAU, 62952
Balady Poultry Trading Co specializes in importing, buying, and selling Pullet, breeding, and feeding poultry and provides veterinary care. It also owns, operates, and manages poultry farms. The firm engages in the production of poultry products in the Kingdom of Saudi Arabia. It offers fresh and marinated whole chicken; and chicken parts, including gizzards, hearts, breasts, thighs, whole chicken feet, wings, chicken pieces, liver, feet, and legs.

Balady Poultry Trading Co (SAU:9559) Headlines

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