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Alkhorayef Water & Power Technologies (SAU:2081) Equity-to-Asset : 0.32 (As of Dec. 2023)


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What is Alkhorayef Water & Power Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alkhorayef Water & Power Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼538 Mil. Alkhorayef Water & Power Technologies's Total Assets for the quarter that ended in Dec. 2023 was ﷼1,702 Mil. Therefore, Alkhorayef Water & Power Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.32.

The historical rank and industry rank for Alkhorayef Water & Power Technologies's Equity-to-Asset or its related term are showing as below:

SAU:2081' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.4   Max: 0.54
Current: 0.32

During the past 4 years, the highest Equity to Asset Ratio of Alkhorayef Water & Power Technologies was 0.54. The lowest was 0.32. And the median was 0.40.

SAU:2081's Equity-to-Asset is ranked worse than
62.81% of 519 companies
in the Utilities - Regulated industry
Industry Median: 0.37 vs SAU:2081: 0.32

Alkhorayef Water & Power Technologies Equity-to-Asset Historical Data

The historical data trend for Alkhorayef Water & Power Technologies'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.

Alkhorayef Water & Power Technologies Equity-to-Asset Chart

Alkhorayef Water & Power Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.54 0.47 0.34 0.32

Alkhorayef Water & Power Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.34 0.31 0.31 0.31 0.32

Competitive Comparison of Alkhorayef Water & Power Technologies's Equity-to-Asset

For the Utilities - Regulated Water subindustry, Alkhorayef Water & Power Technologies'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.


Alkhorayef Water & Power Technologies's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Alkhorayef Water & Power Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Alkhorayef Water & Power Technologies's Equity-to-Asset falls into.



Alkhorayef Water & Power Technologies 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.

Alkhorayef Water & Power Technologies'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
=537.591/1702.029
=0.32

Alkhorayef Water & Power Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=537.591/1702.029
=0.32

* 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.


Alkhorayef Water & Power Technologies  (SAU:2081) 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%.


Alkhorayef Water & Power Technologies Equity-to-Asset Related Terms

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Alkhorayef Water & Power Technologies (SAU:2081) Business Description

Traded in Other Exchanges
N/A
Address
King Abdulaziz Road (North) Exit-5, Post Box No. 62637, AlNafal District, Riyadh, SAU, 11595
Alkhorayef Water & Power Technologies is a player in the Saudi Arabian water and wastewater market. Its business consists of three business divisions: Water segment; Wastewater segment; and Integrated solutions segment. It provides services including water withdrawal and treatment, water networks, wastewater networks, wastewater treatment, city management, stormwater network and lifting stations, and water management services.

Alkhorayef Water & Power Technologies (SAU:2081) Headlines

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