GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Evergreen Max Cash Capital Bhd (XKLS:0286) » Definitions » Equity-to-Asset

Evergreen Max Cash Capital Bhd (XKLS:0286) Equity-to-Asset : 0.76 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Evergreen Max Cash Capital Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Evergreen Max Cash Capital Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM213.82 Mil. Evergreen Max Cash Capital Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM281.43 Mil. Therefore, Evergreen Max Cash Capital Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.76.

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

XKLS:0286' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.62   Max: 0.76
Current: 0.76

During the past 5 years, the highest Equity to Asset Ratio of Evergreen Max Cash Capital Bhd was 0.76. The lowest was 0.56. And the median was 0.62.

XKLS:0286's Equity-to-Asset is ranked better than
76.8% of 543 companies
in the Credit Services industry
Industry Median: 0.37 vs XKLS:0286: 0.76

Evergreen Max Cash Capital Bhd Equity-to-Asset Historical Data

The historical data trend for Evergreen Max Cash Capital 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.

Evergreen Max Cash Capital Bhd Equity-to-Asset Chart

Evergreen Max Cash Capital Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.56 0.57 0.68 0.62 0.76

Evergreen Max Cash Capital Bhd Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Apr23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial - 0.62 0.66 0.76 0.76

Competitive Comparison of Evergreen Max Cash Capital Bhd's Equity-to-Asset

For the Credit Services subindustry, Evergreen Max Cash Capital 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.


Evergreen Max Cash Capital Bhd's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Evergreen Max Cash Capital Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Evergreen Max Cash Capital Bhd's Equity-to-Asset falls into.



Evergreen Max Cash Capital 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.

Evergreen Max Cash Capital 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
=213.815/281.433
=0.76

Evergreen Max Cash Capital 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
=213.815/281.433
=0.76

* 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.


Evergreen Max Cash Capital Bhd  (XKLS:0286) 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%.


Evergreen Max Cash Capital Bhd Equity-to-Asset Related Terms

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


Evergreen Max Cash Capital Bhd (XKLS:0286) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Lima Off, Jalan Chan Sow Lin, Lot 11-10, Level 11, Wisma Trax, Wilayah Persekutuan, Kuala Lumpur, MYS, 55200
Evergreen Max Cash Capital Bhd is an investment holding company that operates through its subsidiaries. The Group is principally involved in the provision of pawnbroking services. It is also involved in the business of retail and trading of gold and other products as well as provision of pawnbroking consultancy services and IT solutions to third-party pawnbrokers.

Evergreen Max Cash Capital Bhd (XKLS:0286) Headlines

No Headlines