Al Ansari Financial Services (DFM:ALANSARI) Equity-to-Asset : 0.50 (As of Mar. 2024)

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What is Al Ansari Financial Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Al Ansari Financial Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was د.إ1,600 Mil. Al Ansari Financial Services's Total Assets for the quarter that ended in Mar. 2024 was د.إ3,207 Mil. Therefore, Al Ansari Financial Services's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.50.

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

DFM:ALANSARI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5 Med: 0.62 Max: 0.75
Current: 0.5

During the past 5 years, the highest Equity to Asset Ratio of Al Ansari Financial Services was 0.75. The lowest was 0.50. And the median was 0.62.

DFM:ALANSARI's Equity-to-Asset is ranked better than
50.25% of 810 companies
in the Capital Markets industry
Industry Median: 0.5 vs DFM:ALANSARI: 0.50

Al Ansari Financial Services Equity-to-Asset Historical Data

The historical data trend for Al Ansari Financial 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.

Al Ansari Financial Services Equity-to-Asset Chart

Al Ansari Financial Services Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.72

0.74

0.75

0.58

Al Ansari Financial Services Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial						-	0.53	0.66	0.58	0.50

Competitive Comparison of Al Ansari Financial Services's Equity-to-Asset

For the Capital Markets subindustry, Al Ansari Financial 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.

Al Ansari Financial Services's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Al Ansari Financial Services's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Al Ansari Financial Services's Equity-to-Asset falls into.

Al Ansari Financial 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.

Al Ansari Financial Services'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
	=	1801.419	/	3094.168
	=	0.58

Al Ansari Financial Services'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
	=	1600.163	/	3207.398
	=	0.50

Al Ansari Financial Services (DFM:ALANSARI) 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 Ansari Financial Services Equity-to-Asset Related Terms

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

Al Ansari Financial Services (DFM:ALANSARI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Al Ansari Financial Services (DFM:ALANSARI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Barsha 1, P.O Box 6176, Office No. 804, Al Ansari Business Center, Dubai, ARE

Website

https://www.aafs.ae

Al Ansari Financial Services is engaged in the business of buying and selling foreign currencies and traveller's cheques, cheques, executing remittance operations in local and foreign currencies, payment of wages through establishing a link to the operating system of wages protection, special products such as bill payments, cash collections, sale and reload of multi-currency prepaid cards) and transportation of cash and valuables.

Al Ansari Financial Services (DFM:ALANSARI) Headlines

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