ADNOC Logistics & Services (ADX:ADNOCLS) Equity-to-Asset : 0.40 (As of Dec. 2022)

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What is ADNOC Logistics & Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ADNOC Logistics & Services's Total Stockholders Equity for the quarter that ended in Dec. 2022 was د.إ6,612 Mil. ADNOC Logistics & Services's Total Assets for the quarter that ended in Dec. 2022 was د.إ16,559 Mil. Therefore, ADNOC Logistics & Services's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.40.

The historical rank and industry rank for ADNOC Logistics & Services's Equity-to-Asset or its related term are showing as below:

ADX:ADNOCLS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4 Med: 0.48 Max: 0.57
Current: 0.4

During the past 2 years, the highest Equity to Asset Ratio of ADNOC Logistics & Services was 0.57. The lowest was 0.40. And the median was 0.48.

ADX:ADNOCLS's Equity-to-Asset is ranked worse than
62.14% of 980 companies
in the Transportation industry
Industry Median: 0.49 vs ADX:ADNOCLS: 0.40

ADNOC Logistics & Services Equity-to-Asset Historical Data

The historical data trend for ADNOC Logistics & Services'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.

ADNOC Logistics & Services Equity-to-Asset Chart

ADNOC Logistics & Services Annual Data

Trend

Dec21

Dec22

Equity-to-Asset

0.57

0.40

ADNOC Logistics & Services Semi-Annual Data
	Dec21	Dec22
Equity-to-Asset	0.57	0.40

Competitive Comparison of ADNOC Logistics & Services's Equity-to-Asset

For the Marine Shipping subindustry, ADNOC Logistics & Services'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.

ADNOC Logistics & Services's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ADNOC Logistics & Services's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ADNOC Logistics & Services's Equity-to-Asset falls into.

ADNOC Logistics & Services 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.

ADNOC Logistics & Services'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
	=	6612.42	/	16559.461
	=	0.40

ADNOC Logistics & Services's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	6612.42	/	16559.461
	=	0.40

ADNOC Logistics & Services (ADX:ADNOCLS) 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%.

ADNOC Logistics & Services Equity-to-Asset Related Terms

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

ADNOC Logistics & Services (ADX:ADNOCLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ADNOC Logistics & Services plc (ADX:ADNOCLS) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, Part of Level 28, 28, Al Sarab Tower, Al Maryah Island, Abu Dhabi, ARE, 764649

Website

https://www.adnoc.ae

ADNOC Logistics & Services plc provides fully-integrated, end-to-end services to ADNOC Group companies and our extensive range of customers in the global energy maritime industry. Its business is organised into six operating segments plus others namely tankers, gas carriers, dry bulk shipping (which includes containers), offshore logistics services, onshore logistics services, marine services, and others.

ADNOC Logistics & Services (ADX:ADNOCLS) Headlines

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