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Ta Win Holdings Bhd (XKLS:7097) Equity-to-Asset : 0.55 (As of Dec. 2023)


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What is Ta Win Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ta Win Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM236.6 Mil. Ta Win Holdings Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM429.6 Mil. Therefore, Ta Win Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.55.

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

XKLS:7097' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.55   Max: 0.72
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of Ta Win Holdings Bhd was 0.72. The lowest was 0.32. And the median was 0.55.

XKLS:7097's Equity-to-Asset is ranked worse than
50.92% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKLS:7097: 0.55

Ta Win Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Ta Win 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.

Ta Win Holdings Bhd Equity-to-Asset Chart

Ta Win Holdings Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.60 0.67 0.67 0.60

Ta Win Holdings Bhd Quarterly Data
Sep18 Mar19 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 0.62 0.61 0.60 0.60 0.55

Competitive Comparison of Ta Win Holdings Bhd's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Ta Win 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.


Ta Win Holdings Bhd's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ta Win Holdings Bhd's Equity-to-Asset distribution charts can be found below:

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



Ta Win 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.

Ta Win Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=245.04/410.065
=0.60

Ta Win 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
=236.558/429.621
=0.55

* 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.


Ta Win Holdings Bhd  (XKLS:7097) 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%.


Ta Win Holdings Bhd Equity-to-Asset Related Terms

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


Ta Win Holdings Bhd (XKLS:7097) Business Description

Traded in Other Exchanges
Address
Jalan Stesen Sentral 2, Unit 26-11 and 26-12, Level 26, Q Sentral, Kuala Lumpur, SGR, MYS, 50470
Ta Win Holdings Bhd is an investment holding company which is engaged in the provision of management services. It is carried out in Malaysia, Hong Kong and the People's Republic of China. The company's subsidiaries are engaged in investment holding, manufacturing and exporting enamelled copper wires and copper rods to various markets, licensed manufacturing warehouses and trading of enamelled copper wire. The majority of its revenue is derived from Malaysia.

Ta Win Holdings Bhd (XKLS:7097) Headlines

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