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Aluminium Bahrain BSC (BAH:ALBH) Equity-to-Asset : 0.70 (As of Mar. 2024)


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What is Aluminium Bahrain BSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aluminium Bahrain BSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was BHD1,795 Mil. Aluminium Bahrain BSC's Total Assets for the quarter that ended in Mar. 2024 was BHD2,575 Mil. Therefore, Aluminium Bahrain BSC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.70.

The historical rank and industry rank for Aluminium Bahrain BSC's Equity-to-Asset or its related term are showing as below:

BAH:ALBH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.66   Max: 0.84
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of Aluminium Bahrain BSC was 0.84. The lowest was 0.45. And the median was 0.66.

BAH:ALBH's Equity-to-Asset is ranked worse than
58.91% of 2711 companies
in the Metals & Mining industry
Industry Median: 0.8 vs BAH:ALBH: 0.70

Aluminium Bahrain BSC Equity-to-Asset Historical Data

The historical data trend for Aluminium Bahrain BSC'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.

Aluminium Bahrain BSC Equity-to-Asset Chart

Aluminium Bahrain BSC 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 0.45 0.46 0.57 0.70 0.70

Aluminium Bahrain BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.65 0.66 0.67 0.70 0.70

Competitive Comparison of Aluminium Bahrain BSC's Equity-to-Asset

For the Aluminum subindustry, Aluminium Bahrain BSC'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.


Aluminium Bahrain BSC's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminium Bahrain BSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aluminium Bahrain BSC's Equity-to-Asset falls into.



Aluminium Bahrain BSC 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.

Aluminium Bahrain BSC'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
=1789.232/2553.561
=0.70

Aluminium Bahrain BSC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1794.872/2575.468
=0.70

* 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.


Aluminium Bahrain BSC  (BAH:ALBH) 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%.


Aluminium Bahrain BSC Equity-to-Asset Related Terms

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


Aluminium Bahrain BSC (BAH:ALBH) Business Description

Traded in Other Exchanges
Address
94 Road, King Hamad Highway, Building 150, Block 951, P.O. Box 570, Askar, BHR
Aluminium Bahrain BSC manufactures aluminum and aluminum related products. The company owns and operates aluminum smelter where it produces Extrusion Billets, Foundry Alloy Ingots Propertzi and Standard Ingot Form, Rolling Slabs, Tee and Standard Ingots and Liquid Metal. The other products of the company are anodes, water, power, and calcined coke.

Aluminium Bahrain BSC (BAH:ALBH) Headlines

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