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Leform Bhd (XKLS:0266) Equity-to-Asset : 0.28 (As of Dec. 2023)


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What is Leform Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Leform Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM494.5 Mil. Leform Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM1,766.3 Mil. Therefore, Leform Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.28.

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

XKLS:0266' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.33   Max: 0.43
Current: 0.28

During the past 5 years, the highest Equity to Asset Ratio of Leform Bhd was 0.43. The lowest was 0.28. And the median was 0.33.

XKLS:0266's Equity-to-Asset is ranked worse than
85.47% of 633 companies
in the Steel industry
Industry Median: 0.53 vs XKLS:0266: 0.28

Leform Bhd Equity-to-Asset Historical Data

The historical data trend for Leform 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.

Leform Bhd Equity-to-Asset Chart

Leform Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.33 0.36 0.43 0.28 0.28

Leform Bhd Quarterly Data
Dec19 Dec20 Jun21 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 0.28 0.47 0.51 0.38 0.28

Competitive Comparison of Leform Bhd's Equity-to-Asset

For the Steel subindustry, Leform 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.


Leform Bhd's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Leform Bhd's Equity-to-Asset distribution charts can be found below:

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



Leform 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.

Leform Bhd'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
=494.548/1766.342
=0.28

Leform 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
=494.548/1766.342
=0.28

* 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.


Leform Bhd  (XKLS:0266) 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%.


Leform Bhd Equity-to-Asset Related Terms

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


Leform Bhd (XKLS:0266) Business Description

Traded in Other Exchanges
N/A
Address
PT 16077 & PT16078, Jalan Kesidang 4, Kawasan Perindustrian Sungai Choh, Serendah, SGR, MYS, 48200
Leform Bhd is involved in the manufacturing of and trading in steel products. The company's product portfolio includes Round Steel Pipe, Cold Rolled Pipe, Hollow Section Pipes, Cold Drawn Pipe, and Steel Plate Slit Coil. The Group's products are used in various end-user industries including furniture, construction as well as industrial product manufacturing industries (which includes automotive parts and telecommunication tower pole part manufacturing).

Leform Bhd (XKLS:0266) Headlines

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