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Adventa Bhd (XKLS:7191) Equity-to-Asset : 0.91 (As of Mar. 2024)


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What is Adventa Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Adventa Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM92.53 Mil. Adventa Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM102.27 Mil. Therefore, Adventa Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.91.

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

XKLS:7191' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.68   Max: 0.91
Current: 0.91

During the past 13 years, the highest Equity to Asset Ratio of Adventa Bhd was 0.91. The lowest was 0.55. And the median was 0.68.

XKLS:7191's Equity-to-Asset is ranked better than
93.01% of 873 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs XKLS:7191: 0.91

Adventa Bhd Equity-to-Asset Historical Data

The historical data trend for Adventa 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.

Adventa Bhd Equity-to-Asset Chart

Adventa Bhd Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.68 0.69 0.85 0.87

Adventa Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.83 0.74 0.87 0.91

Competitive Comparison of Adventa Bhd's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Adventa 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.


Adventa Bhd's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Adventa Bhd's Equity-to-Asset distribution charts can be found below:

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



Adventa 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.

Adventa 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
=91.902/105.691
=0.87

Adventa Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=92.534/102.269
=0.90

* 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.


Adventa Bhd  (XKLS:7191) 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%.


Adventa Bhd Equity-to-Asset Related Terms

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


Adventa Bhd (XKLS:7191) Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Jalan Tandang 51/205A, Seksyen 51, Petaling Jaya, SGR, MYS, 46050
Adventa Bhd is engaged in the business of medical services and related supplies manufacturing. The company's segments include Healthcare Business, Warehousing provider, and Corporate. It generates maximum revenue from the Healthcare Business segment. The healthcare business segment comprises the supply of healthcare and related products and services to hospitals, healthcare centres, and pharmacies. Previously, it also included the renal dialysis business which are both for home and centre-based treatments, serving both the domestic and export markets. Geographically, it derives a majority of revenue from Malaysia.

Adventa Bhd (XKLS:7191) Headlines

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