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Evergreen Max Cash Capital Bhd (XKLS:0286) Liabilities-to-Assets : 0.30 (As of Mar. 2024)


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What is Evergreen Max Cash Capital 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. Evergreen Max Cash Capital Bhd's Total Liabilities for the quarter that ended in Mar. 2024 was RM93.34 Mil. Evergreen Max Cash Capital Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM311.84 Mil. Therefore, Evergreen Max Cash Capital Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.30.


Evergreen Max Cash Capital Bhd Liabilities-to-Assets Historical Data

The historical data trend for Evergreen Max Cash Capital 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.

Evergreen Max Cash Capital Bhd Liabilities-to-Assets Chart

Evergreen Max Cash Capital Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.44 0.43 0.33 0.38 0.24

Evergreen Max Cash Capital Bhd Quarterly Data
Dec19 Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.38 - 0.24 0.24 0.30

Competitive Comparison of Evergreen Max Cash Capital Bhd's Liabilities-to-Assets

For the Credit Services subindustry, Evergreen Max Cash Capital 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.


Evergreen Max Cash Capital Bhd's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Evergreen Max Cash Capital Bhd's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Evergreen Max Cash Capital Bhd's Liabilities-to-Assets falls into.



Evergreen Max Cash Capital 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.

Evergreen Max Cash Capital 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
=67.618/281.433
=0.24

Evergreen Max Cash Capital 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
=93.339/311.838
=0.30

* 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.


Evergreen Max Cash Capital Bhd  (XKLS:0286) 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.


Evergreen Max Cash Capital Bhd Liabilities-to-Assets Related Terms

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Evergreen Max Cash Capital Bhd (XKLS:0286) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Lima Off, Jalan Chan Sow Lin, Lot 11-10, Level 11, Wisma Trax, Wilayah Persekutuan, Kuala Lumpur, MYS, 55200
Evergreen Max Cash Capital Bhd is an investment holding company that operates through its subsidiaries. The Group is principally involved in the provision of pawnbroking services. It is also involved in the business of retail and trading of gold and other products as well as provision of pawnbroking consultancy services and IT solutions to third-party pawnbrokers.

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