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Zen Tech International Bhd (XKLS:0094) Equity-to-Asset : 0.91 (As of Mar. 2024)


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What is Zen Tech International Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zen Tech International Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM78.07 Mil. Zen Tech International Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM86.26 Mil. Therefore, Zen Tech International Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.91.

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

XKLS:0094' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65   Med: 0.93   Max: 1.56
Current: 0.91

During the past 13 years, the highest Equity to Asset Ratio of Zen Tech International Bhd was 1.56. The lowest was 0.65. And the median was 0.93.

XKLS:0094's Equity-to-Asset is ranked better than
93.42% of 866 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs XKLS:0094: 0.91

Zen Tech International Bhd Equity-to-Asset Historical Data

The historical data trend for Zen Tech International 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.

Zen Tech International Bhd Equity-to-Asset Chart

Zen Tech International Bhd Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.26 1.45 0.67 0.91

Zen Tech International Bhd Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Apr20 Jul20 Oct20 Apr21 Sep21 Dec21 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 0.90 0.91 0.91 0.94 0.91

Competitive Comparison of Zen Tech International Bhd's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Zen Tech International 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.


Zen Tech International Bhd's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zen Tech International Bhd's Equity-to-Asset distribution charts can be found below:

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



Zen Tech International 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.

Zen Tech International Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=76.329/83.63
=0.91

Zen Tech International 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
=78.069/86.257
=0.91

* 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.


Zen Tech International Bhd  (XKLS:0094) 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%.


Zen Tech International Bhd Equity-to-Asset Related Terms

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Zen Tech International Bhd (XKLS:0094) Business Description

Traded in Other Exchanges
N/A
Address
Lingkaran Syed Putra, Unit No. 53-6 The Boulevard, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200
Zen Tech International Bhd is a is Malaysia-based investment holding company. The company and its subsidiaries are predominantly engaged in software development, system integration, IT management consulting, and other related professional services. segments, The company operates in three business segments namely, the Software and Books segment, which comprises of software development and system integration solutions; the Gloves segment, which comprises the manufacturing of rubber gloves, and the Corporate segment, which comprises of investment holdings and other related services. Substantial portion of its overall revenue is generated from the Gloves segment and majority of its revenue is generated from the Malaysian market.

Zen Tech International Bhd (XKLS:0094) Headlines

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