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Saudi Company for Hardware (SAU:4008) Equity-to-Asset : 0.30 (As of Dec. 2023)


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What is Saudi Company for Hardware Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Saudi Company for Hardware's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼343.7 Mil. Saudi Company for Hardware's Total Assets for the quarter that ended in Dec. 2023 was ﷼1,144.7 Mil. Therefore, Saudi Company for Hardware's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.30.

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

SAU:4008' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.42   Max: 0.6
Current: 0.3

During the past 10 years, the highest Equity to Asset Ratio of Saudi Company for Hardware was 0.60. The lowest was 0.29. And the median was 0.42.

SAU:4008's Equity-to-Asset is ranked worse than
71.13% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs SAU:4008: 0.30

Saudi Company for Hardware Equity-to-Asset Historical Data

The historical data trend for Saudi Company for Hardware'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.

Saudi Company for Hardware Equity-to-Asset Chart

Saudi Company for Hardware 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 0.31 0.37 0.29 0.31 0.30

Saudi Company for Hardware Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.31 0.32 0.32 0.30

Competitive Comparison of Saudi Company for Hardware's Equity-to-Asset

For the Specialty Retail subindustry, Saudi Company for Hardware'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.


Saudi Company for Hardware's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Saudi Company for Hardware's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Saudi Company for Hardware's Equity-to-Asset falls into.



Saudi Company for Hardware 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.

Saudi Company for Hardware'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
=343.747/1144.709
=0.30

Saudi Company for Hardware'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
=343.747/1144.709
=0.30

* 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.


Saudi Company for Hardware  (SAU:4008) 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%.


Saudi Company for Hardware Equity-to-Asset Related Terms

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Saudi Company for Hardware (SAU:4008) Business Description

Traded in Other Exchanges
N/A
Address
Prince Sultan Ibn Abdul Aziz Street, P.O.Box 86387, Riyadh, SAU, 11622
Saudi Company for Hardware is engaged in retailing and wholesaling of household and office supplies and appliances, construction tools and equipment, and electrical tools and hardware. It operates in two segments, Sales of goods and Services and Logistic Services. Company generates majority of its revenue from Sales of goods segment.

Saudi Company for Hardware (SAU:4008) Headlines

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