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Reclaims Global (SGX:NEX) Equity-to-Asset : 0.86 (As of Jan. 2024)


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What is Reclaims Global Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Reclaims Global's Total Stockholders Equity for the quarter that ended in Jan. 2024 was S$29.76 Mil. Reclaims Global's Total Assets for the quarter that ended in Jan. 2024 was S$34.78 Mil. Therefore, Reclaims Global's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.86.

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

SGX:NEX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.69   Max: 0.86
Current: 0.86

During the past 9 years, the highest Equity to Asset Ratio of Reclaims Global was 0.86. The lowest was 0.56. And the median was 0.69.

SGX:NEX's Equity-to-Asset is ranked better than
93.9% of 246 companies
in the Waste Management industry
Industry Median: 0.43 vs SGX:NEX: 0.86

Reclaims Global Equity-to-Asset Historical Data

The historical data trend for Reclaims Global'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.

Reclaims Global Equity-to-Asset Chart

Reclaims Global Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.69 0.71 0.80 0.83 0.86

Reclaims Global Semi-Annual Data
Jan16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.80 0.79 0.83 0.85 0.86

Competitive Comparison of Reclaims Global's Equity-to-Asset

For the Waste Management subindustry, Reclaims Global'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.


Reclaims Global's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Reclaims Global's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Reclaims Global's Equity-to-Asset falls into.



Reclaims Global 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.

Reclaims Global's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=29.763/34.781
=0.86

Reclaims Global's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=29.763/34.781
=0.86

* 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.


Reclaims Global  (SGX:NEX) 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%.


Reclaims Global Equity-to-Asset Related Terms

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


Reclaims Global (SGX:NEX) Business Description

Traded in Other Exchanges
N/A
Address
10 Tuas South Street 7, Singapore, SGP, 637114
Reclaims Global Ltd is an integrated service provider in the construction industry. The group specializes in the recycling of construction and demolition waste, customisation of excavation solutions, and operating fleet management. Its operating business segments are recycling, excavation services, and logistics and leasing. The company derives maximum revenue from the logistics and leasing segment. Its excavation services segment performs land clearing, excavation, and removal of construction and demolition waste. The Excavation services consist of demolition works, site clearance, reshaping, backfilling, and compacting and turfing.