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AME REIT (XKLS:5307) Equity-to-Asset : 0.81 (As of Dec. 2023)


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What is AME REIT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AME REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM562.29 Mil. AME REIT's Total Assets for the quarter that ended in Dec. 2023 was RM692.13 Mil. Therefore, AME REIT's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.81.

The historical rank and industry rank for AME REIT's Equity-to-Asset or its related term are showing as below:

XKLS:5307' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.81   Med: 0.85   Max: 0.91
Current: 0.81

During the past 4 years, the highest Equity to Asset Ratio of AME REIT was 0.91. The lowest was 0.81. And the median was 0.85.

XKLS:5307's Equity-to-Asset is ranked better than
77.27% of 858 companies
in the REITs industry
Industry Median: 0.57 vs XKLS:5307: 0.81

AME REIT Equity-to-Asset Historical Data

The historical data trend for AME REIT'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.

AME REIT Equity-to-Asset Chart

AME REIT Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
- - - 0.85

AME REIT Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.90 0.85 0.85 0.85 0.81

Competitive Comparison of AME REIT's Equity-to-Asset

For the REIT - Industrial subindustry, AME REIT'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.


AME REIT's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AME REIT's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where AME REIT's Equity-to-Asset falls into.



AME REIT 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.

AME REIT'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
=559.612/655.523
=0.85

AME REIT'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
=562.287/692.134
=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.


AME REIT  (XKLS:5307) 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%.


AME REIT Equity-to-Asset Related Terms

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


AME REIT (XKLS:5307) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan I-Park SAC 1/1, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400
AME REIT is engaged in investing directly and indirectly in a Shariah compliant portfolio of income income producing Real Estate used primarily for industrial and industrial-related purposes in Malaysia and overseas. The company's portfolio consists of 34 subject properties with 31 industrial properties and around 3 industrial related properties known as Dormitories which are freehold properties.

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