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Mikro MSC Bhd (XKLS:0112) Equity-to-Asset : 0.94 (As of Dec. 2023)


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What is Mikro MSC Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mikro MSC Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM283.23 Mil. Mikro MSC Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM301.12 Mil. Therefore, Mikro MSC Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.94.

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

XKLS:0112' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73   Med: 0.84   Max: 0.94
Current: 0.94

During the past 13 years, the highest Equity to Asset Ratio of Mikro MSC Bhd was 0.94. The lowest was 0.73. And the median was 0.84.

XKLS:0112's Equity-to-Asset is ranked better than
98.61% of 3031 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKLS:0112: 0.94

Mikro MSC Bhd Equity-to-Asset Historical Data

The historical data trend for Mikro MSC Bhd'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.

Mikro MSC Bhd Equity-to-Asset Chart

Mikro MSC Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.86 0.82 0.85 0.86

Mikro MSC Bhd 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 0.84 0.88 0.86 0.91 0.94

Competitive Comparison of Mikro MSC Bhd's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Mikro MSC Bhd'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.


Mikro MSC Bhd's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mikro MSC Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mikro MSC Bhd's Equity-to-Asset falls into.



Mikro MSC Bhd 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.

Mikro MSC Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=134.996/157.178
=0.86

Mikro MSC Bhd'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
=283.228/301.121
=0.94

* 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.


Mikro MSC Bhd  (XKLS:0112) 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%.


Mikro MSC Bhd Equity-to-Asset Related Terms

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


Mikro MSC Bhd (XKLS:0112) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Jalan Anggerik Mokara, 31/48 Seksyen 31, Kota Kemuning, Shah Alam, SGR, MYS, 40460
Mikro MSC Bhd is engaged in the research, development, and design of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services. The company offers products and services, including combined overcurrent and earth fault relays; overcurrent relays; earth fault relays; earth leakage relays; earth leakage system; metering solutions; voltage relays; reverse power relay; power factor regulator; annunciator; motor protection relay, and capacitor and reactor. Geographically, it derives a majority of revenue from Malaysia.

Mikro MSC Bhd (XKLS:0112) Headlines

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