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Omnia Holdings (JSE:OMN) Equity-to-Asset : 0.58 (As of Sep. 2023)


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What is Omnia Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Omnia Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R10,278 Mil. Omnia Holdings's Total Assets for the quarter that ended in Sep. 2023 was R17,750 Mil. Therefore, Omnia Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.58.

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

JSE:OMN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.54   Max: 0.66
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of Omnia Holdings was 0.66. The lowest was 0.40. And the median was 0.54.

JSE:OMN's Equity-to-Asset is ranked better than
67.48% of 535 companies
in the Conglomerates industry
Industry Median: 0.44 vs JSE:OMN: 0.58

Omnia Holdings Equity-to-Asset Historical Data

The historical data trend for Omnia Holdings'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.

Omnia Holdings Equity-to-Asset Chart

Omnia Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.54 0.66 0.63 0.61

Omnia Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.55 0.63 0.49 0.61 0.58

Competitive Comparison of Omnia Holdings's Equity-to-Asset

For the Conglomerates subindustry, Omnia Holdings'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.


Omnia Holdings's Equity-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Omnia Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Omnia Holdings's Equity-to-Asset falls into.



Omnia Holdings 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.

Omnia Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=10275/16835
=0.61

Omnia Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=10278/17750
=0.58

* 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.


Omnia Holdings  (JSE:OMN) 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%.


Omnia Holdings Equity-to-Asset Related Terms

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


Omnia Holdings (JSE:OMN) Business Description

Traded in Other Exchanges
Address
Omnia House, Building H, Monte Circle Office Park, 178 Montecasino Boulevard, Fourways, Sandton, Johannesburg, GT, ZAF, 2191
Omnia Holdings Ltd is a holding company that, through its subsidiaries, manufactures and sells a variety of chemicals and chemical-based products. The firm's three segments are based on the end customer. The mining segment sells explosives and mining accessories to the mining, quarrying, and construction industries. The agriculture segment which generates the majority of revenue sells fertilizers and nutrients to the agricultural industry. The chemicals segment sells chemicals used to treat drinking water as well as chemicals used to produce renewable energy materials and animal nutrition products. The vast majority of revenue comes from Africa.

Omnia Holdings (JSE:OMN) Headlines

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