Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Star Media Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM652.4 Mil. Star Media Group Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM773.5 Mil.
Therefore, Star Media Group Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.84.
The historical rank and industry rank for Star Media Group Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:6084'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67 Med: 0.84 Max: 0.88
Current: 0.84
During the past 13 years, the highest Equity to Asset Ratio of Star Media Group Bhd was 0.88. The lowest was 0.67. And the median was 0.84.
XKLS:6084's Equity-to-Asset is ranked better than 90.39% of 1061
companies
in the Media - Diversified industry
Industry Median: 0.52
vs XKLS:6084: 0.84
Star Media Group Bhd Equity-to-Asset Historical Data
The historical data trend for Star Media Group 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 Star Media Group Bhd's Equity-to-Asset
For the Publishing subindustry, Star Media Group 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.
Star Media Group Bhd's Equity-to-Asset Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Star Media Group Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Star Media Group Bhd's Equity-to-Asset falls into.
Star Media Group 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.
Star Media Group 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.
Star Media Group Bhd (XKLS:6084) 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%.
Star Media Group Bhd Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Star Media Group Bhd's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Star Media Group Bhd (XKLS:6084) Business Description
Star Media Group Bhd publishes, prints, and distributes newspapers and advertisements in print and electronic media. The company operates in three reportable segments: Print and Digital, which is engaged in the publication and distribution of newspapers, magazines, and electronic media; Broadcasting, which operates wireless broadcasting stations; and Event and Exhibition, which provides event Organizing management. The majority of revenue is generated by the Print and Digital segment. The group mainly operates in Malaysia and Singapore and generates a majority of its revenue from Malaysia.
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