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Harvest Miracle Capital Bhd (XKLS:0060PA.PFD) Equity-to-Asset : 0.80 (As of Dec. 2024)


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What is Harvest Miracle Capital Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Harvest Miracle Capital Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM301.72 Mil. Harvest Miracle Capital Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM378.26 Mil. Therefore, Harvest Miracle Capital Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.80.

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

XKLS:0060PA.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.73   Max: 0.93
Current: 0.8

During the past 13 years, the highest Equity to Asset Ratio of Harvest Miracle Capital Bhd was 0.93. The lowest was 0.46. And the median was 0.73.

XKLS:0060PA.PFD's Equity-to-Asset is ranked better than
85.11% of 2840 companies
in the Software industry
Industry Median: 0.55 vs XKLS:0060PA.PFD: 0.80

Harvest Miracle Capital Bhd Equity-to-Asset Historical Data

The historical data trend for Harvest Miracle Capital 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.

Harvest Miracle Capital Bhd Equity-to-Asset Chart

Harvest Miracle Capital Bhd Annual Data
Trend Dec13 Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.56 0.74 0.70 0.88

Harvest Miracle Capital Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.89 0.88 0.87 0.86 0.80

Competitive Comparison of Harvest Miracle Capital Bhd's Equity-to-Asset

For the Information Technology Services subindustry, Harvest Miracle Capital 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.


Harvest Miracle Capital Bhd's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Harvest Miracle Capital Bhd's Equity-to-Asset distribution charts can be found below:

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


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Harvest Miracle Capital 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.

Harvest Miracle Capital Bhd's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=299.32/340.436
=0.88

Harvest Miracle Capital Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=301.719/378.263
=0.80

* 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.


Harvest Miracle Capital Bhd  (XKLS:0060PA.PFD) 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%.


Harvest Miracle Capital Bhd Equity-to-Asset Related Terms

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


Harvest Miracle Capital Bhd Business Description

Traded in Other Exchanges
Address
No 685, Jalan Damansara, TTDI, 9-3A, Oval Tower, Damansara, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000
Harvest Miracle Capital Bhd is an investment holding company. It operates in seven segments that are IT and ICT, Property Construction, Investment Properties, Property development, Plantation, Money lending business, Manufacturing, and Investment holding. It generates the vast majority of its revenue from the IT and ICT segment that is engaged in trading in IT and ICT-related products software development and support services and others. Its product categories include the Vacuum valve and Rupture Disk. Geographically, it operates only in Malaysia.

Harvest Miracle Capital Bhd Headlines

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