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Poh Huat Resources Holdings Bhd (XKLS:7088) Equity-to-Asset : 0.87 (As of Jan. 2024)


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What is Poh Huat Resources Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Poh Huat Resources Holdings Bhd's Total Stockholders Equity for the quarter that ended in Jan. 2024 was RM540.8 Mil. Poh Huat Resources Holdings Bhd's Total Assets for the quarter that ended in Jan. 2024 was RM620.9 Mil. Therefore, Poh Huat Resources Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.87.

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

XKLS:7088' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.75   Max: 0.89
Current: 0.87

During the past 13 years, the highest Equity to Asset Ratio of Poh Huat Resources Holdings Bhd was 0.89. The lowest was 0.60. And the median was 0.75.

XKLS:7088's Equity-to-Asset is ranked better than
94.16% of 428 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.565 vs XKLS:7088: 0.87

Poh Huat Resources Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Poh Huat Resources 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.

Poh Huat Resources Holdings Bhd Equity-to-Asset Chart

Poh Huat Resources Holdings Bhd Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.75 0.81 0.84 0.87

Poh Huat Resources Holdings Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.88 0.89 0.88 0.87 0.87

Competitive Comparison of Poh Huat Resources Holdings Bhd's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Poh Huat Resources 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.


Poh Huat Resources Holdings Bhd's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Poh Huat Resources Holdings Bhd's Equity-to-Asset distribution charts can be found below:

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



Poh Huat Resources 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.

Poh Huat Resources Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=535.015/617.156
=0.87

Poh Huat Resources Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=540.839/620.883
=0.87

* 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.


Poh Huat Resources Holdings Bhd  (XKLS:7088) 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%.


Poh Huat Resources Holdings Bhd Equity-to-Asset Related Terms

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Poh Huat Resources Holdings Bhd (XKLS:7088) Business Description

Traded in Other Exchanges
N/A
Address
PLO 1, Jalan Raja, Kawasan Perindustrial Bukit Pasir, Mukim Sungai Raya, Bukit Pasir, Muar, JHR, MYS, 84300
Poh Huat Resources Holdings Bhd is a Malaysia-based investment holding company. The company is engaged in the manufacturing of furniture. It manufactures two types of furniture: office furniture and home furniture. The company under Home furniture segment acts as an original equipment manufacturer for furniture importers/distributors in North America. The office furniture segment comprises mainly the panel-based office suites of various ranges which are manufactured from laminated particle boards and metal parts. The company has a geographical presence in Vietnam and Malaysia.

Poh Huat Resources Holdings Bhd (XKLS:7088) Headlines

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