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Al Ahli Bank Of Kuwait (KUW:ABK) Equity-to-Asset : 0.09 (As of Mar. 2024)


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What is Al Ahli Bank Of Kuwait Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Al Ahli Bank Of Kuwait's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD593.5 Mil. Al Ahli Bank Of Kuwait's Total Assets for the quarter that ended in Mar. 2024 was KWD6,511.2 Mil. Therefore, Al Ahli Bank Of Kuwait's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.09.

The historical rank and industry rank for Al Ahli Bank Of Kuwait's Equity-to-Asset or its related term are showing as below:

KUW:ABK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.13   Max: 0.16
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Al Ahli Bank Of Kuwait was 0.16. The lowest was 0.09. And the median was 0.13.

KUW:ABK's Equity-to-Asset is ranked better than
50.1% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs KUW:ABK: 0.09

Al Ahli Bank Of Kuwait Equity-to-Asset Historical Data

The historical data trend for Al Ahli Bank Of Kuwait'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 Ahli Bank Of Kuwait Equity-to-Asset Chart

Al Ahli Bank Of Kuwait 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 0.14 0.12 0.11 0.09 0.10

Al Ahli Bank Of Kuwait 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 0.10 0.09 0.10 0.10 0.09

Competitive Comparison of Al Ahli Bank Of Kuwait's Equity-to-Asset

For the Banks - Regional subindustry, Al Ahli Bank Of Kuwait'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 Ahli Bank Of Kuwait's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Al Ahli Bank Of Kuwait's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Al Ahli Bank Of Kuwait's Equity-to-Asset falls into.



Al Ahli Bank Of Kuwait 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 Ahli Bank Of Kuwait'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
=619.552/6289.245
=0.10

Al Ahli Bank Of Kuwait'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
=593.515/6511.151
=0.09

* 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.


Al Ahli Bank Of Kuwait  (KUW:ABK) 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 Ahli Bank Of Kuwait Equity-to-Asset Related Terms

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Al Ahli Bank Of Kuwait (KUW:ABK) Business Description

Traded in Other Exchanges
N/A
Address
Al Safat Square, Ahmed Al Jaber Street, P.O. Box 1387, Safat, Kuwait City, KWT, 13014
Al Ahli Bank Of Kuwait is a company engaged in the banking sector, primarily in Kuwait, United Arab Emirates, and Egypt. The group is organized into three business segments. The commercial Banking segment comprises a full range of credit, deposit, and related banking services provided to its corporate and institutional customers. Treasury and Investments segment comprises treasury services provided to customers and balance sheet management activities including money market, derivatives, propriety investment activities, assets management and the residual impact of inter-segment fund transfer pricing, and the Retail and private banking segment comprising products and services to customers which includes loans, credit cards, and wealth management.

Al Ahli Bank Of Kuwait (KUW:ABK) Headlines

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