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Rex Industry Bhd (XKLS:9946) Equity-to-Asset : 0.60 (As of Dec. 2023)


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What is Rex Industry Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rex Industry Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM100.4 Mil. Rex Industry Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM166.2 Mil. Therefore, Rex Industry Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.60.

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

XKLS:9946' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.67   Max: 0.78
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Rex Industry Bhd was 0.78. The lowest was 0.56. And the median was 0.67.

XKLS:9946's Equity-to-Asset is ranked better than
58.76% of 1923 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs XKLS:9946: 0.60

Rex Industry Bhd Equity-to-Asset Historical Data

The historical data trend for Rex Industry 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.

Rex Industry Bhd Equity-to-Asset Chart

Rex Industry Bhd Annual Data
Trend Dec12 Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.56 0.65 0.64 0.58

Rex Industry Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.66 0.66 0.58 0.61 0.60

Competitive Comparison of Rex Industry Bhd's Equity-to-Asset

For the Packaged Foods subindustry, Rex Industry 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.


Rex Industry Bhd's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rex Industry Bhd's Equity-to-Asset distribution charts can be found below:

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



Rex Industry 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.

Rex Industry Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=103.562/178.505
=0.58

Rex Industry 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
=100.359/166.214
=0.60

* 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.


Rex Industry Bhd  (XKLS:9946) 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%.


Rex Industry Bhd Equity-to-Asset Related Terms

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


Rex Industry Bhd (XKLS:9946) Business Description

Traded in Other Exchanges
N/A
Address
Plot 126, Jalan Perindustrian, Bukit Minyak 5, Seberang Perai Tengah, Simpang Ampat, PNG, MYS, 14100
Rex Industry Bhd is the manufacturer and distributor of canned food, beverage and confectionary products. It is engaged in the production of halal canned products, frozen food, and beverages in Malaysia. The company and its subsidiaries are also involved in the manufacturing of biscuits, trading of canned food, drinks, and shelf-stable convenience food. It also exports canned processed seafood. The company operates in four principal geographical areas which include Malaysia, the United States of America, Europe, and Asia.

Rex Industry Bhd (XKLS:9946) Headlines

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