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RGT Bhd (XKLS:9954) Equity-to-Asset : 0.61 (As of Mar. 2024)


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What is RGT Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. RGT Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM144.9 Mil. RGT Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM236.5 Mil. Therefore, RGT Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.61.

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

XKLS:9954' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.53   Max: 0.62
Current: 0.61

During the past 13 years, the highest Equity to Asset Ratio of RGT Bhd was 0.62. The lowest was 0.02. And the median was 0.53.

XKLS:9954's Equity-to-Asset is ranked better than
53.64% of 1564 companies
in the Chemicals industry
Industry Median: 0.59 vs XKLS:9954: 0.61

RGT Bhd Equity-to-Asset Historical Data

The historical data trend for RGT 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.

RGT Bhd Equity-to-Asset Chart

RGT Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.53 0.57 0.59 0.60

RGT 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 0.59 0.60 0.59 0.61 0.61

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

For the Specialty Chemicals subindustry, RGT 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.


RGT Bhd's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, RGT Bhd's Equity-to-Asset distribution charts can be found below:

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



RGT 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.

RGT 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
=152.029/252.371
=0.60

RGT 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
=144.889/236.543
=0.61

* 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.


RGT Bhd  (XKLS:9954) 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%.


RGT Bhd Equity-to-Asset Related Terms

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


RGT Bhd (XKLS:9954) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Perindustrian Bukit Minyak, No 1032, Plot 170 & 170A, Taman Perindustrian Bukit Minyak, MK13, Simpang Ampat, PNG, MYS, 14100
RGT Bhd is engaged in manufacture and sale of moulded plastic products. The company's products include air care products, surface care products, skin care products, and various hygiene products under Washroom Solutions; Medical Devices, Automotive Air Care and Blow Moulded Jerrycan. The company derives its revenue from the sale of moulded plastic products and operates in Malaysia, USA, Europe and Other countries.

RGT Bhd (XKLS:9954) Headlines

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