South Malaysia Industries Bhd (XKLS:4375) Equity-to-Asset : 0.84 (As of Dec. 2023)

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What is South Malaysia Industries Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. South Malaysia Industries Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM130.44 Mil. South Malaysia Industries Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM154.61 Mil. Therefore, South Malaysia Industries Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.84.

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

XKLS:4375' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69 Med: 0.81 Max: 0.85
Current: 0.84

During the past 13 years, the highest Equity to Asset Ratio of South Malaysia Industries Bhd was 0.85. The lowest was 0.69. And the median was 0.81.

XKLS:4375's Equity-to-Asset is ranked better than
90.61% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKLS:4375: 0.84

South Malaysia Industries Bhd Equity-to-Asset Historical Data

The historical data trend for South Malaysia 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.

* Premium members only.

South Malaysia Industries Bhd Equity-to-Asset Chart

South Malaysia Industries Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Equity-to-Asset

Get a 7-Day Free Trial

0.76

0.80

0.81

0.83

0.80

South Malaysia Industries Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.82	0.82	0.83	0.84	0.84

Competitive Comparison of South Malaysia Industries Bhd's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, South Malaysia 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.

South Malaysia Industries Bhd's Equity-to-Asset Distribution in the Industrial Products Industry

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

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

South Malaysia 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.

South Malaysia Industries Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )	=	Total Stockholders Equity	/	Total Assets
	=	151.305	/	190.439
	=	0.79

South Malaysia Industries 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
	=	130.439	/	154.609
	=	0.84

South Malaysia Industries Bhd (XKLS:4375) 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%.

South Malaysia Industries Bhd Equity-to-Asset Related Terms

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

South Malaysia Industries Bhd (XKLS:4375) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » South Malaysia Industries Bhd (XKLS:4375) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Lorong P. Ramlee, 15th Floor, Menara SMI, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50250

Website

http://www.smib.com.my

South Malaysia Industries Bhd is a Malaysia-based company, which is engaged in property and investment holding, trading, property development, and provision of management services. Its operating segments cover Property development; Property and investment holding; and Manufacturing and trading. The Property Development segment is engaged in the development and sale of residential and commercial properties. The Property and Investment holding segment is engaged in investment in properties, car park management and operations, and holding companies. The Manufacturing and trading segment is engaged in the manufacturing and trading of assorted wires, and it generates the majority of revenue. Geographically the group operates only in Malaysia.

South Malaysia Industries Bhd (XKLS:4375) Headlines

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