GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Aurora Italia International Bhd (XKLS:03037) » Definitions » Equity-to-Asset

Aurora Italia International Bhd (XKLS:03037) Equity-to-Asset : 0.80 (As of Sep. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Aurora Italia International Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aurora Italia International Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM60.2 Mil. Aurora Italia International Bhd's Total Assets for the quarter that ended in Sep. 2023 was RM75.2 Mil. Therefore, Aurora Italia International Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.80.

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

XKLS:03037' s Equity-to-Asset Range Over the Past 10 Years
Min: -7.46   Med: 0.67   Max: 0.9
Current: 0.8

During the past 7 years, the highest Equity to Asset Ratio of Aurora Italia International Bhd was 0.90. The lowest was -7.46. And the median was 0.67.

XKLS:03037's Equity-to-Asset is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.44 vs XKLS:03037: 0.80

Aurora Italia International Bhd Equity-to-Asset Historical Data

The historical data trend for Aurora Italia International 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.

Aurora Italia International Bhd Equity-to-Asset Chart

Aurora Italia International Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.38 0.90 0.57 0.73 0.71

Aurora Italia International Bhd Semi-Annual Data
Mar17 Mar18 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 0.51 0.73 0.67 0.71 0.80

Competitive Comparison of Aurora Italia International Bhd's Equity-to-Asset

For the Luxury Goods subindustry, Aurora Italia International 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.


Aurora Italia International Bhd's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aurora Italia International Bhd's Equity-to-Asset distribution charts can be found below:

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



Aurora Italia International 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.

Aurora Italia International Bhd'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
=58.565/82.441
=0.71

Aurora Italia International Bhd'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
=60.226/75.201
=0.80

* 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.


Aurora Italia International Bhd  (XKLS:03037) 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%.


Aurora Italia International Bhd Equity-to-Asset Related Terms

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


Aurora Italia International Bhd (XKLS:03037) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot 21, Technoplex Medan Bayan Lepas, Taman Perindustrian Bayan Lepas Phase IV, Bayan Lepas, PNG, MYS, 11900
Aurora Italia International Bhd is engaged in the trade of jewellery and dealers in all kinds of premium jewellery. The company produces its own designs of fine Sterling Silver jewellery with Preciosa Cubic Zirconia as the ingredient partner under worldwide patented brand names such as Auroses Collection and Licensed Partner with Disney, Marvel, Warner's Bros. and many more. Other than fine jewellery, AURORA ITALIA has developed various themes of 24K 1g Gold Bar for collection or investment. AURORA ITALIA has a footprint across the globe covering Malaysia, China, Indonesia, Singapore, Europe, the USA, and the UAE.

Aurora Italia International Bhd (XKLS:03037) Headlines

No Headlines