GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chin Teck Plantations Bhd (XKLS:1929) » Definitions » Equity-to-Asset

Chin Teck Plantations Bhd (XKLS:1929) Equity-to-Asset : 0.95 (As of Feb. 2024)


View and export this data going back to 1970. Start your Free Trial

What is Chin Teck Plantations Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chin Teck Plantations Bhd's Total Stockholders Equity for the quarter that ended in Feb. 2024 was RM896.3 Mil. Chin Teck Plantations Bhd's Total Assets for the quarter that ended in Feb. 2024 was RM948.6 Mil. Therefore, Chin Teck Plantations Bhd's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.95.

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

XKLS:1929' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.94   Med: 0.95   Max: 0.98
Current: 0.95

During the past 13 years, the highest Equity to Asset Ratio of Chin Teck Plantations Bhd was 0.98. The lowest was 0.94. And the median was 0.95.

XKLS:1929's Equity-to-Asset is ranked better than
98.34% of 1928 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs XKLS:1929: 0.95

Chin Teck Plantations Bhd Equity-to-Asset Historical Data

The historical data trend for Chin Teck Plantations 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.

Chin Teck Plantations Bhd Equity-to-Asset Chart

Chin Teck Plantations Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.95 0.95 0.95 0.94

Chin Teck Plantations Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.94 0.94 0.94 0.94 0.95

Competitive Comparison of Chin Teck Plantations Bhd's Equity-to-Asset

For the Farm Products subindustry, Chin Teck Plantations 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.


Chin Teck Plantations Bhd's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chin Teck Plantations Bhd's Equity-to-Asset distribution charts can be found below:

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



Chin Teck Plantations 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.

Chin Teck Plantations Bhd's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=858.813/911.33
=0.94

Chin Teck Plantations Bhd's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=896.348/948.612
=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.


Chin Teck Plantations Bhd  (XKLS:1929) 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%.


Chin Teck Plantations Bhd Equity-to-Asset Related Terms

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


Chin Teck Plantations Bhd (XKLS:1929) Business Description

Traded in Other Exchanges
N/A
Address
Block 2B, Level 3A, Jalan Stesen Sentral 5, Suite 2B-3A-2, Plaza Sentral, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
Chin Teck Plantations Bhd is an investment holding company, which is engaged in the cultivation of oil palms, process and sale of fresh fruit bunches, crude palm oil, and palm kernel and is predominantly carried out in Malaysia. The company has three cultivation lands in Malaysia namely, Jemima and Sungei Sendayan, Gua Musang, and Keratong. The company also participates in joint ventures on oil palm plantations in Indonesia located at Lampung Province, Jambi Province, and South Sumatera Province, Sumatera, Republic of Indonesia.

Chin Teck Plantations Bhd (XKLS:1929) Headlines

No Headlines