What is the equity of Tourism Enterprise Company (Shams) SJSC this year?
Tourism Enterprise Company (Shams) SJSC has equity of 506.5 M SAR this year.
In 2024, Tourism Enterprise Company (Shams) SJSC's equity was 506.5 M SAR, a -8.04% increase from the 550.81 M SAR equity in the previous year.
Tourism Enterprise Company (Shams) SJSC's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Tourism Enterprise Company (Shams) SJSC's equity is essential for assessing its financial health, stability, and value to shareholders.
Evaluating Tourism Enterprise Company (Shams) SJSC's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Tourism Enterprise Company (Shams) SJSC's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Fluctuations in Tourism Enterprise Company (Shams) SJSC’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Tourism Enterprise Company (Shams) SJSC has equity of 506.5 M SAR this year.
The equity of Tourism Enterprise Company (Shams) SJSC has increased/decreased by -8.04% decreased compared to the previous year.
A high equity is advantageous for investors of Tourism Enterprise Company (Shams) SJSC as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
A low equity can be a risk for investors of Tourism Enterprise Company (Shams) SJSC, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
An increase in equity of Tourism Enterprise Company (Shams) SJSC can strengthen the company's financial position and improve its ability to make investments in the future.
A reduction in equity of Tourism Enterprise Company (Shams) SJSC can affect the financial situation of the company and lead to a higher dependence on debt capital.
Some factors that can affect the equity of Tourism Enterprise Company (Shams) SJSC include profits, dividend payments, capital increases, and acquisitions.
The equity of Tourism Enterprise Company (Shams) SJSC is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
To change equity, Tourism Enterprise Company (Shams) SJSC can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
Over the past 12 months, Tourism Enterprise Company (Shams) SJSC paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Tourism Enterprise Company (Shams) SJSC is expected to pay a dividend of 0 SAR.
The current dividend yield of Tourism Enterprise Company (Shams) SJSC is .
Tourism Enterprise Company (Shams) SJSC pays a quarterly dividend. This is distributed in the months of .
Tourism Enterprise Company (Shams) SJSC paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0 SAR are expected. This corresponds to a dividend yield of 0 %.
Tourism Enterprise Company (Shams) SJSC is assigned to the 'Cyclical consumption' sector.
To receive the latest dividend of Tourism Enterprise Company (Shams) SJSC from 4/1/2002 amounting to 2.5 SAR, you needed to have the stock in your portfolio before the ex-date on 3/31/2002.
The last dividend was paid out on 4/1/2002.
In the year 2023, Tourism Enterprise Company (Shams) SJSC distributed 0 SAR as dividends.
The dividends of Tourism Enterprise Company (Shams) SJSC are distributed in SAR.
Our stock analysis for Tourism Enterprise Company (Shams) SJSC Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tourism Enterprise Company (Shams) SJSC Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.