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Commercial Facilities CoK (KUW:FACIL) Equity-to-Asset : 0.55 (As of Mar. 2024)


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What is Commercial Facilities CoK Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Commercial Facilities CoK's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD155.34 Mil. Commercial Facilities CoK's Total Assets for the quarter that ended in Mar. 2024 was KWD283.28 Mil. Therefore, Commercial Facilities CoK's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.55.

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

KUW:FACIL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.52   Max: 0.6
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of Commercial Facilities CoK was 0.60. The lowest was 0.46. And the median was 0.52.

KUW:FACIL's Equity-to-Asset is ranked better than
63.52% of 540 companies
in the Credit Services industry
Industry Median: 0.365 vs KUW:FACIL: 0.55

Commercial Facilities CoK Equity-to-Asset Historical Data

The historical data trend for Commercial Facilities CoK'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.

Commercial Facilities CoK Equity-to-Asset Chart

Commercial Facilities CoK 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 0.52 0.58 0.58 0.56 0.57

Commercial Facilities CoK 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 0.55 0.57 0.57 0.57 0.55

Competitive Comparison of Commercial Facilities CoK's Equity-to-Asset

For the Credit Services subindustry, Commercial Facilities CoK'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.


Commercial Facilities CoK's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Commercial Facilities CoK's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Commercial Facilities CoK's Equity-to-Asset falls into.



Commercial Facilities CoK 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.

Commercial Facilities CoK'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
=160.303/279.921
=0.57

Commercial Facilities CoK'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
=155.335/283.277
=0.55

* 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.


Commercial Facilities CoK  (KUW:FACIL) 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%.


Commercial Facilities CoK Equity-to-Asset Related Terms

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


Commercial Facilities CoK (KUW:FACIL) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Al-Ahmed Street, Sharq, P.O.Box 24284, Safat, Kuwait City, KWT, 13103
Commercial Facilities Co SAK is a Kuwait-based company engaged in the provision of instalment credit facilities to finance consumer and commercial products. Its services include financing new and used cars, boats, marine equipment, furniture and electrical appliances, basic construction materials, and granting personal cash loans, among others. The company's services fall into four divisions, including Consumer Loans, Cash Loans, Commercial Loans, and Basic Materials Loans. The company also offers its services through online.

Commercial Facilities CoK (KUW:FACIL) Headlines

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