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Ramssol Group Bhd (XKLS:0236) Equity-to-Asset : 0.80 (As of Mar. 2024)


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What is Ramssol Group Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ramssol Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM89.32 Mil. Ramssol Group Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM112.28 Mil. Therefore, Ramssol Group Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.80.

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

XKLS:0236' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.83   Max: 0.93
Current: 0.8

During the past 7 years, the highest Equity to Asset Ratio of Ramssol Group Bhd was 0.93. The lowest was 0.13. And the median was 0.83.

XKLS:0236's Equity-to-Asset is ranked better than
84.29% of 2852 companies
in the Software industry
Industry Median: 0.55 vs XKLS:0236: 0.80

Ramssol Group Bhd Equity-to-Asset Historical Data

The historical data trend for Ramssol Group 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.

Ramssol Group Bhd Equity-to-Asset Chart

Ramssol Group Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.13 0.45 0.89 0.86 0.85

Ramssol Group Bhd Quarterly Data
Dec17 Dec18 Dec19 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 0.81 0.77 0.84 0.85 0.80

Competitive Comparison of Ramssol Group Bhd's Equity-to-Asset

For the Software - Application subindustry, Ramssol Group 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.


Ramssol Group Bhd's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Ramssol Group Bhd's Equity-to-Asset distribution charts can be found below:

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



Ramssol Group 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.

Ramssol Group 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
=85.186/100.833
=0.84

Ramssol Group 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
=89.323/112.276
=0.80

* 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.


Ramssol Group Bhd  (XKLS:0236) 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%.


Ramssol Group Bhd Equity-to-Asset Related Terms

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


Ramssol Group Bhd (XKLS:0236) Business Description

Traded in Other Exchanges
N/A
Address
Persiaran Multimedia, Cyber 10, B-04-05, Tamarind Square, Selangor Darul Ehsan, Cyberjaya, SGR, MYS, 63000
Ramssol Group Bhd is principally involved in the business of software development and advisory business.

Ramssol Group Bhd (XKLS:0236) Headlines

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