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JCY International Bhd (JCY International Bhd) Equity-to-Asset : 0.88 (As of Dec. 2023)


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What is JCY International Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JCY International Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $146.6 Mil. JCY International Bhd's Total Assets for the quarter that ended in Dec. 2023 was $167.3 Mil. Therefore, JCY International Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.88.

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

JCYBF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.78   Max: 0.88
Current: 0.88

During the past 13 years, the highest Equity to Asset Ratio of JCY International Bhd was 0.88. The lowest was 0.71. And the median was 0.78.

JCYBF's Equity-to-Asset is ranked better than
93.36% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs JCYBF: 0.88

JCY International Bhd Equity-to-Asset Historical Data

The historical data trend for JCY International 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.

JCY International Bhd Equity-to-Asset Chart

JCY International Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.80 0.75 0.82 0.86

JCY International Bhd Quarterly Data
Mar19 Jun19 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 0.85 0.86 0.85 0.86 0.88

Competitive Comparison of JCY International Bhd's Equity-to-Asset

For the Computer Hardware subindustry, JCY International 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.


JCY International Bhd's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, JCY International Bhd's Equity-to-Asset distribution charts can be found below:

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



JCY International 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.

JCY International Bhd's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=146.042/169.406
=0.86

JCY International 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
=146.575/167.284
=0.88

* 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.


JCY International Bhd  (OTCPK:JCYBF) 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%.


JCY International Bhd Equity-to-Asset Related Terms

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JCY International Bhd (JCY International Bhd) Business Description

Traded in Other Exchanges
Address
No. 3, Jalan Firma 3, Kawasan Perindustrian Tebrau IV, Johor Bahru, JHR, MYS, 81100
JCY International Bhd and its subsidiaries are in the business of investment holding and manufacturing & trading of hard disk drive components. The company operates in Malaysia, Thailand, and other segments. It derives the majority of its revenues from Malaysia. Its products include LED Light Bulbs, Solar Micro Inverters, Baseplates, Solid State Drive Enclosures, Covers, Heat Sinks, Prototype Hog Out, Hard Disk Drive Cover, Separator Plates, Actuator Arm Body, Form-In-Place Gasket and others.

JCY International Bhd (JCY International Bhd) Headlines

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