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King Wan (SGX:554) Equity-to-Asset : 0.56 (As of Sep. 2023)


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What is King Wan Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. King Wan's Total Stockholders Equity for the quarter that ended in Sep. 2023 was S$62.03 Mil. King Wan's Total Assets for the quarter that ended in Sep. 2023 was S$110.96 Mil. Therefore, King Wan's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.56.

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

SGX:554' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49   Med: 0.56   Max: 0.68
Current: 0.56

During the past 13 years, the highest Equity to Asset Ratio of King Wan was 0.68. The lowest was 0.49. And the median was 0.56.

SGX:554's Equity-to-Asset is ranked better than
67.42% of 1685 companies
in the Construction industry
Industry Median: 0.44 vs SGX:554: 0.56

King Wan Equity-to-Asset Historical Data

The historical data trend for King Wan'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.

King Wan Equity-to-Asset Chart

King Wan Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.50 0.50 0.55 0.49

King Wan Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.57 0.55 0.52 0.49 0.56

Competitive Comparison of King Wan's Equity-to-Asset

For the Engineering & Construction subindustry, King Wan'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.


King Wan's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, King Wan's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where King Wan's Equity-to-Asset falls into.



King Wan 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.

King Wan's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=62.148/127.042
=0.49

King Wan's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=62.027/110.955
=0.56

* 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.


King Wan  (SGX:554) 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%.


King Wan Equity-to-Asset Related Terms

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


King Wan (SGX:554) Business Description

Traded in Other Exchanges
N/A
Address
8 Sungei Kadut Loop, Singapore, SGP, 729455
King Wan Corp Ltd engages in the provision of mechanical and electrical engineering services for the building and construction industry. It operates in five segments. The Plumbing and Sanitary segment provides services comprising the design and installation of water distribution systems and pipe networks for sewage and wastewater drainage. The electrical segment focuses on the electrical engineering services that design and install electricity distribution systems, fire protection, alarm systems, and security systems. The toilet rental segment consists of the rental and operation of mobile lavatories. The investment holding segment consists of investments in associates and joint ventures. Others segment involves other activities that do not fall into the activities of the other segments.

King Wan (SGX:554) Headlines

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