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Nationgate Holdings Bhd (XKLS:0270) Liabilities-to-Assets : 0.52 (As of Mar. 2024)


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What is Nationgate Holdings Bhd Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Nationgate Holdings Bhd's Total Liabilities for the quarter that ended in Mar. 2024 was RM479.3 Mil. Nationgate Holdings Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM922.3 Mil. Therefore, Nationgate Holdings Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.52.


Nationgate Holdings Bhd Liabilities-to-Assets Historical Data

The historical data trend for Nationgate Holdings Bhd's Liabilities-to-Assets 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.

Nationgate Holdings Bhd Liabilities-to-Assets Chart

Nationgate Holdings Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.73 0.76 0.74 0.70 0.43

Nationgate Holdings Bhd Quarterly Data
Dec19 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.40 0.44 0.43 0.52

Competitive Comparison of Nationgate Holdings Bhd's Liabilities-to-Assets

For the Electronic Components subindustry, Nationgate Holdings Bhd's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Nationgate Holdings Bhd's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nationgate Holdings Bhd's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Nationgate Holdings Bhd's Liabilities-to-Assets falls into.



Nationgate Holdings Bhd Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Nationgate Holdings Bhd's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=312.797/734.854
=0.43

Nationgate Holdings Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=479.34/922.251
=0.52

* 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.


Nationgate Holdings Bhd  (XKLS:0270) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Nationgate Holdings Bhd Liabilities-to-Assets Related Terms

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Nationgate Holdings Bhd (XKLS:0270) Business Description

Traded in Other Exchanges
N/A
Address
2005, Tingkat Perusahaan Satu, Kawasan Perindustrian Prai, Pulau Pinang, Perai, PNG, MYS, 13600
Nationgate Holdings Bhd is engaged in the assembling and testing of electronic components and products to produce completed PCBs, semi-finished sub-assemblies, and fullyassembled electronic products as well as semiconductor devices.

Nationgate Holdings Bhd (XKLS:0270) Headlines

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