GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HHRG Bhd (XKLS:0175) » Definitions » Equity-to-Asset

HHRG Bhd (XKLS:0175) Equity-to-Asset : 0.69 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is HHRG Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HHRG Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM182.6 Mil. HHRG Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM266.5 Mil. Therefore, HHRG Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.69.

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

XKLS:0175' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.56   Max: 0.7
Current: 0.69

During the past 9 years, the highest Equity to Asset Ratio of HHRG Bhd was 0.70. The lowest was 0.30. And the median was 0.56.

XKLS:0175's Equity-to-Asset is ranked better than
72.17% of 1915 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs XKLS:0175: 0.69

HHRG Bhd Equity-to-Asset Historical Data

The historical data trend for HHRG 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.

HHRG Bhd Equity-to-Asset Chart

HHRG Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.47 0.52 0.46 0.60 0.66

HHRG Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 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 0.61 0.66 0.70 0.70 0.69

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

For the Farm Products subindustry, HHRG 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.


HHRG Bhd's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, HHRG Bhd's Equity-to-Asset distribution charts can be found below:

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



HHRG 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.

HHRG Bhd's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=165.881/251.206
=0.66

HHRG 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
=182.616/266.467
=0.69

* 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.


HHRG Bhd  (XKLS:0175) 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%.


HHRG Bhd Equity-to-Asset Related Terms

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


HHRG Bhd (XKLS:0175) Business Description

Traded in Other Exchanges
N/A
Address
Lot No. 2945 (Plot A2), Jalan Sungai Baong, Kawasan Perindustrian Perabut, Sungai Baong, Mukim 5, Sungai Bakap, Pulau Pinang, Seberang Perai Selatan, PNG, MYS, 14200
HHRG Bhd and its subsidiaries are in the business of manufacturing and trading biomass materials, mattresses, and other related products. The company has three segments: the Biomass materials and related products segment involved in the manufacturing and trading of coconut fiber and oil palm empty fruit bunch fiber and other products; the Furniture products which manufacture and trade mattresses and related products; and Investment holdings and others. The company earns maximum revenue from Biomass materials.

HHRG Bhd (XKLS:0175) Headlines

No Headlines