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Zantat Holdings Bhd (XKLS:0301) Equity-to-Asset : 0.66 (As of Sep. 2023)


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What is Zantat Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zantat Holdings Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM63.08 Mil. Zantat Holdings Bhd's Total Assets for the quarter that ended in Sep. 2023 was RM96.27 Mil.

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

XKLS:0301' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.58   Max: 0.66
Current: 0.66

During the past 3 years, the highest Equity to Asset Ratio of Zantat Holdings Bhd was 0.66. The lowest was 0.56. And the median was 0.58.

XKLS:0301's Equity-to-Asset is ranked better than
61.53% of 1570 companies
in the Chemicals industry
Industry Median: 0.59 vs XKLS:0301: 0.66

Zantat Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Zantat Holdings 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.

Zantat Holdings Bhd Equity-to-Asset Chart

Zantat Holdings Bhd Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.58 0.56 0.58

Zantat Holdings Bhd Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23
Equity-to-Asset 0.58 0.56 - 0.58 0.66

Competitive Comparison of Zantat Holdings Bhd's Equity-to-Asset

For the Chemicals subindustry, Zantat Holdings 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.


Zantat Holdings Bhd's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zantat Holdings Bhd's Equity-to-Asset distribution charts can be found below:

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



Zantat Holdings 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.

Zantat Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=57.407/99.212
=0.58

Zantat Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=63.078/96.27
=

* 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.


Zantat Holdings Bhd  (XKLS:0301) 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%.


Zantat Holdings Bhd Equity-to-Asset Related Terms

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


Zantat Holdings Bhd (XKLS:0301) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
PT 24571 & PT 21289 (Lot 35978), Kaw. Industri Batu Kapur Keramat Pulai, Kampung Kepayang, PRK, MYS, 31300
Zantat Holdings Bhd is a is investment holding company. Through its subsidiaries, the group is principally involved in the production of calcium carbonate namely GCC and CC dispersions. It is also involved in the production of kaolin dispersion, processing of ultrafine PCC powder, trading of other industrial minerals and sales of limestone quarry products also operate our own limestone quarry mainly for internal use of limestone.

Zantat Holdings Bhd (XKLS:0301) Headlines

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