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Versatile Creative Bhd (XKLS:4995) Equity-to-Asset : 0.53 (As of Dec. 2023)


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What is Versatile Creative Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Versatile Creative Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM77.2 Mil. Versatile Creative Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM146.4 Mil. Therefore, Versatile Creative Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

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

XKLS:4995' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.61   Max: 0.8
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Versatile Creative Bhd was 0.80. The lowest was 0.46. And the median was 0.61.

XKLS:4995's Equity-to-Asset is ranked worse than
53.08% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.55 vs XKLS:4995: 0.53

Versatile Creative Bhd Equity-to-Asset Historical Data

The historical data trend for Versatile Creative 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.

Versatile Creative Bhd Equity-to-Asset Chart

Versatile Creative Bhd Annual Data
Trend Dec12 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.49 0.46 0.80 0.70

Versatile Creative Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.65 0.62 0.51 0.54 0.53

Competitive Comparison of Versatile Creative Bhd's Equity-to-Asset

For the Packaging & Containers subindustry, Versatile Creative 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.


Versatile Creative Bhd's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Versatile Creative Bhd's Equity-to-Asset distribution charts can be found below:

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



Versatile Creative 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.

Versatile Creative Bhd's Equity to Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Equity to Asset (A: Mar. 2022 )=Total Stockholders Equity/Total Assets
=76.21/108.858
=0.70

Versatile Creative 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
=77.205/146.409
=0.53

* 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.


Versatile Creative Bhd  (XKLS:4995) 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%.


Versatile Creative Bhd Equity-to-Asset Related Terms

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


Versatile Creative Bhd (XKLS:4995) Business Description

Traded in Other Exchanges
N/A
Address
Lot 30745, Jalan Pandan Indah, Pandah Indah, Kuala Lumpur, MYS, 55100
Versatile Creative Bhd is an investment holding company and is involved in the business of manufacturing and trading a range of paper boxes, and plastics and providing printing services to customers and grocery businesses. The company's segments include paper products, plastic products, color separation, and printing, Grocery, and Others. The company earns maximum revenue from the Grocery segment engaged in the retail sale of any kind of product over the Internet, supermarkets, and wholesale of other foodstuffs. Geographically, the company derives a majority of its revenue from Malaysia.

Versatile Creative Bhd (XKLS:4995) Headlines

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