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Genting Malaysia Bhd (XKLS:4715) Equity-to-Asset : 0.44 (As of Dec. 2023)


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What is Genting Malaysia Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Genting Malaysia Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM12,828 Mil. Genting Malaysia Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM29,116 Mil. Therefore, Genting Malaysia Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.44.

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

XKLS:4715' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.56   Max: 0.78
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of Genting Malaysia Bhd was 0.78. The lowest was 0.44. And the median was 0.56.

XKLS:4715's Equity-to-Asset is ranked worse than
52.98% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.465 vs XKLS:4715: 0.44

Genting Malaysia Bhd Equity-to-Asset Historical Data

The historical data trend for Genting Malaysia 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.

Genting Malaysia Bhd Equity-to-Asset Chart

Genting Malaysia Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.53 0.45 0.44 0.44

Genting Malaysia 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 0.44 0.43 0.44 0.43 0.44

Competitive Comparison of Genting Malaysia Bhd's Equity-to-Asset

For the Resorts & Casinos subindustry, Genting Malaysia 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.


Genting Malaysia Bhd's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genting Malaysia Bhd's Equity-to-Asset distribution charts can be found below:

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



Genting Malaysia 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.

Genting Malaysia 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
=12827.5/29116
=0.44

Genting Malaysia 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
=12827.5/29116
=0.44

* 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.


Genting Malaysia Bhd  (XKLS:4715) 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%.


Genting Malaysia Bhd Equity-to-Asset Related Terms

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Genting Malaysia Bhd (XKLS:4715) Business Description

Traded in Other Exchanges
Address
Wisma Genting, Jalan Sultan Ismail, 23rd Floor, Kuala Lumpur, MYS, 50250
Genting Malaysia Bhd is a resort and casino company and is a subsidiary of the holdings company Genting. The company has two primary business segments: Leisure & Hospitality and Properties. The Leisure & Hospitality segment operates numerous resorts, many of which include casinos, theme parks, concerts, restaurants, and retail shopping locations. The flagship resort operates five hotels, an amusement park, and entertainment venues. The Properties segment controls and leases real estate. The company generates the vast majority of its revenue in Malaysia.

Genting Malaysia Bhd (XKLS:4715) Headlines

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