ESG Emirates Stallions Group PJSC (ADX:ESG) Equity-to-Asset : 0.65 (As of Dec. 2023)

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What is ESG Emirates Stallions Group PJSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ESG Emirates Stallions Group PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ2,003.0 Mil. ESG Emirates Stallions Group PJSC's Total Assets for the quarter that ended in Dec. 2023 was د.إ3,060.5 Mil. Therefore, ESG Emirates Stallions Group PJSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.65.

The historical rank and industry rank for ESG Emirates Stallions Group PJSC's Equity-to-Asset or its related term are showing as below:

ADX:ESG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6 Med: 0.63 Max: 0.75
Current: 0.65

During the past 4 years, the highest Equity to Asset Ratio of ESG Emirates Stallions Group PJSC was 0.75. The lowest was 0.60. And the median was 0.63.

ADX:ESG's Equity-to-Asset is ranked better than
78.81% of 1685 companies
in the Construction industry
Industry Median: 0.45 vs ADX:ESG: 0.65

ESG Emirates Stallions Group PJSC Equity-to-Asset Historical Data

The historical data trend for ESG Emirates Stallions Group PJSC'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.

ESG Emirates Stallions Group PJSC Equity-to-Asset Chart

ESG Emirates Stallions Group PJSC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.75

0.61

0.60

0.65

ESG Emirates Stallions Group PJSC Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial							0.61	0.60	0.81	0.80	0.65

Competitive Comparison of ESG Emirates Stallions Group PJSC's Equity-to-Asset

For the Engineering & Construction subindustry, ESG Emirates Stallions Group PJSC'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.

ESG Emirates Stallions Group PJSC's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, ESG Emirates Stallions Group PJSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ESG Emirates Stallions Group PJSC's Equity-to-Asset falls into.

ESG Emirates Stallions Group PJSC 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.

ESG Emirates Stallions Group PJSC'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
	=	2002.988	/	3060.501
	=	0.65

ESG Emirates Stallions Group PJSC'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
	=	2002.988	/	3060.501
	=	0.65

ESG Emirates Stallions Group PJSC (ADX:ESG) 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%.

ESG Emirates Stallions Group PJSC Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of ESG Emirates Stallions Group PJSC's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

ESG Emirates Stallions Group PJSC (ADX:ESG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ESG Emirates Stallions Group PJSC (ADX:ESG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Emirates Stallions Group, The Royal Group Building, PO Box 63811, 5th Floor, Abu Dhabi, ARE

Website

https://www.esguae.com

ESG Emirates Stallions Group PJSC main activities are buying, selling, and dividing plots and real estates, management and leasing of real estate and developing real estate, management services of companies and private institutions, performing technical, commercial, and contracting services. The operating segments of company are Contracting & consultancy, Landscaping & Business process/manpower outsourcing.