Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lion Industries Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM1,101 Mil. Lion Industries Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM2,601 Mil.
Therefore, Lion Industries Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.
The historical rank and industry rank for Lion Industries Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:4235'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.54 Max: 0.61
Current: 0.42
During the past 13 years, the highest Equity to Asset Ratio of Lion Industries Bhd was 0.61. The lowest was 0.42. And the median was 0.54.
XKLS:4235's Equity-to-Asset is ranked worse than 67.14% of 633
companies
in the Steel industry
Industry Median: 0.53
vs XKLS:4235: 0.42
Lion Industries Bhd Equity-to-Asset Historical Data
The historical data trend for Lion Industries 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.
Competitive Comparison of Lion Industries Bhd's Equity-to-Asset
For the Steel subindustry, Lion Industries 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.
Lion Industries Bhd's Equity-to-Asset Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Lion Industries Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Lion Industries Bhd's Equity-to-Asset falls into.
Lion Industries 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.
Lion Industries Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Lion Industries Bhd (XKLS:4235) 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%.
Lion Industries Bhd Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Lion Industries Bhd's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Lion Industries Bhd (XKLS:4235) Business Description
Lion Industries Corp Bhd is an investment holding company. The company's business segments are steel, building materials, and others. Its steel segment engaged in manufacturing and marketing of steel bars, wire rods, hot briquetted iron, and steel related products. The building materials segment consists of trading and distribution of building materials and other steel products. Other segment involves in investment holding, treasury business, manufacture and trading of lubricants, spark plugs and provision of transportation services, agriculture, distributing and retailing of consumer products. The company generates maximum revenue from the Steel segment. Geographically, it derives a majority of the revenue from Malaysia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKLS:4235 has been successfully added to your 