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GDEX Bhd (XKLS:0078) Equity-to-Asset : 0.71 (As of Mar. 2024)


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What is GDEX Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GDEX Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM413.9 Mil. GDEX Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM586.3 Mil. Therefore, GDEX Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.71.

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

XKLS:0078' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.77   Max: 0.9
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of GDEX Bhd was 0.90. The lowest was 0.68. And the median was 0.77.

XKLS:0078's Equity-to-Asset is ranked better than
82.02% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs XKLS:0078: 0.71

GDEX Bhd Equity-to-Asset Historical Data

The historical data trend for GDEX 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.

GDEX Bhd Equity-to-Asset Chart

GDEX Bhd Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.86 0.74 0.70 0.69

GDEX Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.70 0.68 0.68 0.69 0.71

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

For the Integrated Freight & Logistics subindustry, GDEX 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.


GDEX Bhd's Equity-to-Asset Distribution in the Transportation Industry

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

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



GDEX 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.

GDEX 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
=416.404/607.62
=0.69

GDEX Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=413.922/586.32
=0.71

* 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.


GDEX Bhd  (XKLS:0078) 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%.


GDEX Bhd Equity-to-Asset Related Terms

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GDEX Bhd (XKLS:0078) Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Jalan Tandang, Petaling Jaya, SGR, MYS, 46050
GDEX Bhd mainly engages in the provision of express delivery, logistics, information technology services, and property management. It provides a domestic express carrier, international express carrier, customized logistics solutions, logistics services, enhanced liability coverage, GDEX prepaid, and among others. The group has five business segments Express delivery, Logistics, Property management, Information technology, and Property investment. The majority of the revenue comes from the Express delivery segment. The company's geographical segments include Malaysia, which is the key revenue driver; Singapore; and Vietnam.

GDEX Bhd (XKLS:0078) Headlines

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