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M N C Wireless BhdXKLS:0103 Equity-to-Asset is 0.80 as of May. 2026, which is 7% below its 10-year median of 0.86. The stock has 6 warning signs investors should review. Among 373 Telecommunication Services companies, M N C Wireless Bhd ranks better than 94.1% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. M N C Wireless Bhd's Total Stockholders Equity for the quarter that ended in May. 2026 was RM80.46 Mil. M N C Wireless Bhd's Total Assets for the quarter that ended in May. 2026 was RM100.56 Mil.
Therefore, M N C Wireless Bhd's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.80.
The historical rank and industry rank for M N C Wireless Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:0103'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.86 Max: 0.91
Current: 0.8
During the past 13 years, the highest Equity to Asset Ratio of M N C Wireless Bhd was 0.91. The lowest was 0.43. And the median was 0.86.
XKLS:0103's Equity-to-Asset is ranked better than 94.1% of 373
companies
in the Telecommunication Services industry
Industry Median: 0.39
vs XKLS:0103: 0.80
M N C Wireless Bhd (XKLS:0103) 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%.
M N C Wireless Bhd Equity-to-Asset Related Terms
M N C Wireless Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for M N C Wireless 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.
XKLS:0103 vs VZ, TMUS, T: Equity-to-Asset Comparison
For the Telecom Services subindustry, M N C Wireless 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.
M N C Wireless Bhd Equity-to-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, M N C Wireless Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where M N C Wireless Bhd's Equity-to-Asset falls into.
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.
M N C Wireless Bhd's Equity to Asset Ratio for the fiscal year that ended in Apr. 2024 is calculated as
* 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.
M N C Wireless Bhd (XKLS:0103) has a Equity-to-Asset of 0.80 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on M N C Wireless Bhd and its competitors. This is near median its historical median of 0.86. Over the past decade, M N C Wireless Bhd's Equity-to-Asset has ranged from 0.43 to 0.91. According to the industry distribution chart, M N C Wireless Bhd ranks #22 out of 373 companies in the Telecommunication Services industry, placing it in the top 5.9%.
Is M N C Wireless Bhd's Equity-to-Asset too high?
M N C Wireless Bhd's current Equity-to-Asset of 0.80 is near median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.91. The Telecommunication Services industry median Equity-to-Asset is 0.39. M N C Wireless Bhd's value of 0.80 is 105.1% above this industry median. Based on the distribution chart, M N C Wireless Bhd ranks #22 out of 373 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers.
How does M N C Wireless Bhd's Equity-to-Asset compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, M N C Wireless Bhd ranks #22 out of 373 companies for Equity-to-Asset. This places M N C Wireless Bhd in the top 6% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.39. M N C Wireless Bhd's value of 0.80 is 105.1% above this benchmark. Historically, M N C Wireless Bhd's own Equity-to-Asset has ranged from 0.43 to 0.91 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.39, M N C Wireless Bhd has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.39, based on 373 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. M N C Wireless Bhd's current Equity-to-Asset of 0.80 is 105.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on M N C Wireless Bhd and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M N C Wireless Bhd's current Equity-to-Asset is 0.80, which is near median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M N C Wireless Bhd stock overvalued right now?
Based on GuruFocus' analysis, M N C Wireless Bhd (XKLS:0103) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.09, compared to a current price of RM0.03 — trading 66.7% below its estimated fair value. The current Equity-to-Asset is 0.80, which is near median its 10-year median of 0.86 and 105.1% above the Telecommunication Services industry median of 0.39. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For M N C Wireless Bhd (XKLS:0103), the current Equity-to-Asset is 0.80 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
M N C Wireless Bhd activities include sales and marketing, and research and development of wireless, mobile and multimedia solutions and content, and investment holding. Its segments comprise Mobile applications, a premium mobile content platform enabling the sale of content via SMS and MMS; Wireless and multimedia related services, including consultations, sales, marketing and implementation of mobile messaging solutions and related multimedia services, which generate the majority of revenue; and Others. Its services include mobile applications, mobile messaging, social media management, mobile billing, web design and development, and web maintenance.
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