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JAG Bhd (XKLS:0024) Equity-to-Asset : 0.68 (As of Dec. 2023)


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What is JAG Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JAG Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM209.7 Mil. JAG Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM306.6 Mil. Therefore, JAG Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.68.

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

XKLS:0024' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.81   Max: 0.83
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of JAG Bhd was 0.83. The lowest was 0.68. And the median was 0.81.

XKLS:0024's Equity-to-Asset is ranked better than
80.82% of 245 companies
in the Waste Management industry
Industry Median: 0.42 vs XKLS:0024: 0.68

JAG Bhd Equity-to-Asset Historical Data

The historical data trend for JAG 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.

JAG Bhd Equity-to-Asset Chart

JAG 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 0.75 0.77 0.82 0.82 0.68

JAG 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 0.82 0.73 0.74 0.71 0.68

Competitive Comparison of JAG Bhd's Equity-to-Asset

For the Waste Management subindustry, JAG 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.


JAG Bhd's Equity-to-Asset Distribution in the Waste Management Industry

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

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



JAG 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.

JAG 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
=209.656/306.581
=0.68

JAG 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
=209.656/306.581
=0.68

* 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.


JAG Bhd  (XKLS:0024) 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%.


JAG Bhd Equity-to-Asset Related Terms

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


JAG Bhd (XKLS:0024) Business Description

Traded in Other Exchanges
N/A
Address
72A, Jalan Universiti, D65-3A, Block D, Jaya One, Petaling Jaya, SGR, MYS, 46200
JAG Bhd is an investment holding company with six reportable segments: Manufacturing; Trading; Lifestyle and Services; Proprietary Solutions and Software Maintenance; Investment; Investment and Property Development. The Manufacturing Segment that derives the majority of revenue involves recycling and manufacturing activities of extraction, production, and refinery of ferrous, non-ferrous, and precious metals via industrial and electronic waste. Trading includes trading of ferrous and non-ferrous metals. Services include operating a coin-operated laundry business. Proprietary solutions include computer software development, maintenance, and support services. Property development includes buy, sell, and rent self-owned or leased real estate land, property development, and project management.

JAG Bhd (XKLS:0024) Headlines

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