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Far East Holdings Bhd (XKLS:5029) Equity-to-Asset : 0.81 (As of Dec. 2023)


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What is Far East Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Far East Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM1,382.8 Mil. Far East Holdings Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM1,701.7 Mil. Therefore, Far East Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.81.

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

XKLS:5029' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.8   Max: 0.87
Current: 0.81

During the past 13 years, the highest Equity to Asset Ratio of Far East Holdings Bhd was 0.87. The lowest was 0.70. And the median was 0.80.

XKLS:5029's Equity-to-Asset is ranked better than
87.32% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs XKLS:5029: 0.81

Far East Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Far East Holdings 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.

Far East Holdings Bhd Equity-to-Asset Chart

Far East Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.78 0.79 0.79 0.81

Far East Holdings Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.82 0.80 0.82 0.81

Competitive Comparison of Far East Holdings Bhd's Equity-to-Asset

For the Farm Products subindustry, Far East Holdings 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.


Far East Holdings Bhd's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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



Far East Holdings 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.

Far East Holdings 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
=1382.843/1701.662
=0.81

Far East Holdings 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
=1382.843/1701.662
=0.81

* 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.


Far East Holdings Bhd  (XKLS:5029) 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%.


Far East Holdings Bhd Equity-to-Asset Related Terms

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


Far East Holdings Bhd (XKLS:5029) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Putra Square 6, Level 23, Menara Zenith, Kuantan, PHG, MYS, 25200
Far East Holdings Bhd is an investment holding company engaged in the principal activities of cultivation of oil palms, and production and sales of fresh fruit bunches, crude palm oil, and palm kernel. Through its subsidiaries, the company operates in oil palm plantations and palm oil mill activities. The company's activities are carried out in Malaysia, and it generates the majority of the revenue from sales of crude palm oil and palm kernel.

Far East Holdings Bhd (XKLS:5029) Headlines

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