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Frontken Bhd (XKLS:0128) Equity-to-Asset : 0.73 (As of Sep. 2024)


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What is Frontken Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Frontken Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2024 was RM640.5 Mil. Frontken Bhd's Total Assets for the quarter that ended in Sep. 2024 was RM879.7 Mil. Therefore, Frontken Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.73.

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

XKLS:0128' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.69   Max: 0.75
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Frontken Bhd was 0.75. The lowest was 0.58. And the median was 0.69.

XKLS:0128's Equity-to-Asset is ranked better than
78.61% of 1080 companies
in the Business Services industry
Industry Median: 0.51 vs XKLS:0128: 0.73

Frontken Bhd Equity-to-Asset Historical Data

The historical data trend for Frontken 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.

Frontken Bhd Equity-to-Asset Chart

Frontken 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 0.73 0.71 0.70 0.68 0.72

Frontken Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.72 0.72 0.73 0.72 0.73

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

For the Specialty Business Services subindustry, Frontken 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.


Frontken Bhd's Equity-to-Asset Distribution in the Business Services Industry

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

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



Frontken 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.

Frontken 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
=641.167/885.425
=0.72

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

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=640.472/879.747
=0.73

* 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.


Frontken Bhd  (XKLS:0128) 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%.


Frontken Bhd Equity-to-Asset Related Terms

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


Frontken Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Jalan 16/11, Off Jalan Damansara, Suite 301, Block F, Pusat Dagangan Phileo Damansara 1, Petaling Jaya, SGR, MYS, 46350
Frontken Corp Bhd is a Malaysia-based investment holding firm. The company with its subsidiaries are engaged in providing surface and mechanical engineering solutions, serving a wide range of heavy industries such as Oil and Gas, Power Generation, Semiconductors, and the Marine industry. It also provides various specialized engineering services, such as thermal spray coating, cold build-up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding. In addition, the company provides surface treatment and precision cleaning for the thin film transistor liquid crystal display and semiconductor industries. Its revenue comes from the Singapore market, while it also has a presence in Malaysia, Taiwan, and other countries.

Frontken Bhd Headlines

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