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Al Rajhi Bank (SAU:1120) Equity-to-Asset : 0.13 (As of Dec. 2023)


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What is Al Rajhi Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Al Rajhi Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼106,759 Mil. Al Rajhi Bank's Total Assets for the quarter that ended in Dec. 2023 was ﷼808,098 Mil. Therefore, Al Rajhi Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.13.

The historical rank and industry rank for Al Rajhi Bank's Equity-to-Asset or its related term are showing as below:

SAU:1120' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.13   Max: 0.16
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of Al Rajhi Bank was 0.16. The lowest was 0.11. And the median was 0.13.

SAU:1120's Equity-to-Asset is ranked better than
80.93% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs SAU:1120: 0.13

Al Rajhi Bank Equity-to-Asset Historical Data

The historical data trend for Al Rajhi Bank'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.

Al Rajhi Bank Equity-to-Asset Chart

Al Rajhi Bank 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 0.13 0.12 0.11 0.13 0.13

Al Rajhi Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.13 0.13 0.13 0.13 0.13

Competitive Comparison of Al Rajhi Bank's Equity-to-Asset

For the Banks - Regional subindustry, Al Rajhi Bank'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.


Al Rajhi Bank's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Al Rajhi Bank's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Al Rajhi Bank's Equity-to-Asset falls into.



Al Rajhi Bank 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.

Al Rajhi Bank'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
=106759.431/808098.272
=0.13

Al Rajhi Bank'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
=106759.431/808098.272
=0.13

* 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.


Al Rajhi Bank  (SAU:1120) 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%.


Al Rajhi Bank Equity-to-Asset Related Terms

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


Al Rajhi Bank (SAU:1120) Business Description

Traded in Other Exchanges
N/A
Address
8467 King Fahd Road, Unit No. 1, Al Muruj District, Riyadh, SAU, 12263 - 2743
Al Rajhi Bank is an Islamic bank with a network of over 500 branches. Its segments include the Retail segment which includes accepting individual customer deposits, providing credit facilities, customer debit current accounts, fees from banking services, and remittance business; Corporate segment that incorporates deposits of VIP, corporate customer deposits, credit facilities, and debit current accounts, Treasury segment through which it offers treasury services, Murabaha with SAMA and international Mutajara portfolio; and Investment services and brokerage that incorporates investments of individuals and corporate in mutual funds, local and international share trading services and investment portfolios.

Al Rajhi Bank (SAU:1120) Headlines

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