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MNRB Holdings Bhd (XKLS:6459) Liabilities-to-Assets : 0.78 (As of Dec. 2023)


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What is MNRB Holdings Bhd Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. MNRB Holdings Bhd's Total Liabilities for the quarter that ended in Dec. 2023 was RM9,642 Mil. MNRB Holdings Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM12,427 Mil. Therefore, MNRB Holdings Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.78.


MNRB Holdings Bhd Liabilities-to-Assets Historical Data

The historical data trend for MNRB Holdings Bhd's Liabilities-to-Assets 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.

MNRB Holdings Bhd Liabilities-to-Assets Chart

MNRB Holdings Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.75 0.76 0.78 0.79

MNRB Holdings Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets 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 0.79 0.78 0.78 0.78

Competitive Comparison of MNRB Holdings Bhd's Liabilities-to-Assets

For the Insurance - Reinsurance subindustry, MNRB Holdings Bhd's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


MNRB Holdings Bhd's Liabilities-to-Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, MNRB Holdings Bhd's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where MNRB Holdings Bhd's Liabilities-to-Assets falls into.



MNRB Holdings Bhd Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

MNRB Holdings Bhd's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=9775.01/12357.583
=0.79

MNRB Holdings Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=9642.173/12426.912
=0.78

* 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.


MNRB Holdings Bhd  (XKLS:6459) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


MNRB Holdings Bhd Liabilities-to-Assets Related Terms

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MNRB Holdings Bhd (XKLS:6459) Business Description

Traded in Other Exchanges
N/A
Address
No. 17, Lorong Dungun, 12th Floor, Bangunan Malaysian Re, Damansara Heights, Kuala Lumpur, MYS, 50490
MNRB Holdings Bhd is engaged in the provision of management services to its subsidiaries. The group is a reinsurance provider as per the retakaful and takaful system according to sharia law. It comprises wholesale providers of reinsurance and retakaful as well as a takaful operator. The reinsurance services are provided in the areas of fire, marine, motor, miscellaneous, and family retakaful. The company is also engaged in investment holding business and mainly operates in Malaysia and United Arab Emirates. The segments of the company are Investment holding, Reinsurance business, Takaful operator, Retakaful operator and Others, of which key revenue is derived from the Reinsurance business segment.

MNRB Holdings Bhd (XKLS:6459) Headlines

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