AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Equity-to-Asset : 0.84 (As of Dec. 2023)

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What is AlMuneef Co For Trade Industry Agriculture And Contracting Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AlMuneef Co For Trade Industry Agriculture And Contracting's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼94.4 Mil. AlMuneef Co For Trade Industry Agriculture And Contracting's Total Assets for the quarter that ended in Dec. 2023 was ﷼112.7 Mil. Therefore, AlMuneef Co For Trade Industry Agriculture And Contracting's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.84.

The historical rank and industry rank for AlMuneef Co For Trade Industry Agriculture And Contracting's Equity-to-Asset or its related term are showing as below:

SAU:9569' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.82 Med: 0.83 Max: 0.84
Current: 0.84

During the past 3 years, the highest Equity to Asset Ratio of AlMuneef Co For Trade Industry Agriculture And Contracting was 0.84. The lowest was 0.82. And the median was 0.83.

SAU:9569's Equity-to-Asset is ranked better than
92.37% of 249 companies
in the Agriculture industry
Industry Median: 0.53 vs SAU:9569: 0.84

AlMuneef Co For Trade Industry Agriculture And Contracting Equity-to-Asset Historical Data

The historical data trend for AlMuneef Co For Trade Industry Agriculture And Contracting'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.

AlMuneef Co For Trade Industry Agriculture And Contracting Equity-to-Asset Chart

AlMuneef Co For Trade Industry Agriculture And Contracting Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.83

0.82

0.84

AlMuneef Co For Trade Industry Agriculture And Contracting Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	-	0.82	0.87	0.84

Competitive Comparison of AlMuneef Co For Trade Industry Agriculture And Contracting's Equity-to-Asset

For the Agricultural Inputs subindustry, AlMuneef Co For Trade Industry Agriculture And Contracting'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.

AlMuneef Co For Trade Industry Agriculture And Contracting's Equity-to-Asset Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, AlMuneef Co For Trade Industry Agriculture And Contracting's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where AlMuneef Co For Trade Industry Agriculture And Contracting's Equity-to-Asset falls into.

AlMuneef Co For Trade Industry Agriculture And Contracting 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.

AlMuneef Co For Trade Industry Agriculture And Contracting'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
	=	94.431	/	112.74
	=	0.84

AlMuneef Co For Trade Industry Agriculture And Contracting'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
	=	94.431	/	112.74
	=	0.84

AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) 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%.

AlMuneef Co For Trade Industry Agriculture And Contracting Equity-to-Asset Related Terms

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AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 5065, Unit No. 1, Al-Manakh District, Riyadh, SAU, 14314

Website

https://www.almuneef.com

AlMuneef Co For Trade Industry Agriculture And Contracting is engaged in the business which includes operating quarries, cutting and sawing marble, renovation of residential and non-residential buildings, wholesale of chemical fertilizers and soil conditioners, and pesticides, as listed in the commercial register. wholesale of pesticides, wholesale of health pesticides, and retail of pesticides. Fuel for automobiles and motorcycles (gas stations), retail of seedlings and saplings of agricultural products, retail of plant seeds, fertilizers, and soil conditioners, retail of agricultural pesticides, land transportation of goods, silo storage of grains, flour, and agricultural products.

AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Headlines

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