Aco Group Bhd (XKLS:0218) Debt-to-Asset : 0.15 (As of Nov. 2024)

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What is Aco Group Bhd Debt-to-Asset?

Aco Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was RM14.8 Mil. Aco Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was RM9.8 Mil. Aco Group Bhd's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Nov. 2024 was RM163.3 Mil. Aco Group Bhd's debt to asset for the quarter that ended in Nov. 2024 was 0.15.

Aco Group Bhd Debt-to-Asset Historical Data

The historical data trend for Aco Group Bhd's Debt-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.

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Aco Group Bhd Debt-to-Asset Chart

Aco Group Bhd Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Asset

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0.27

0.18

0.17

0.14

Aco Group Bhd Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Debt-to-Asset	Get a 7-Day Free Trial															0.14	0.14	0.14	0.15	0.15

Competitive Comparison of Aco Group Bhd's Debt-to-Asset

For the Electronics & Computer Distribution subindustry, Aco Group Bhd's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Aco Group Bhd's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Aco Group Bhd's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Aco Group Bhd's Debt-to-Asset falls into.

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Aco Group Bhd Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Aco Group Bhd's Debt-to-Asset for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(11.874	+	9.997)	/	157.949
	=	0.14

Aco Group Bhd's Debt-to-Asset for the quarter that ended in Nov. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(14.84	+	9.769)	/	163.266
	=	0.15

Aco Group Bhd (XKLS:0218) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Aco Group Bhd Debt-to-Asset Related Terms

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Aco Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aco Group Bhd (XKLS:0218) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kawasan Perindustrian Tebrau 4, PLO 264, No. 14, Jalan Firma 3, Johor Darul Takzim, Johor Bahru, SGR, MYS, 81100

Website

https://www.acogroup.com.my

Aco Group Bhd is a distributor of electrical products and accessories in Malaysia. The company's products and accessories include cables, wires and accessories, electrical distribution, protection, and control devices, and electrical appliances and accessories. Its other products include water plumbing materials, power tools, and accessories as well as CCTV and alarm systems, solar-related products, and EV charger-related products. The company derives the majority of its revenue from Malaysia.

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