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Innity Bhd (XKLS:0147) Equity-to-Asset : 0.45 (As of Sep. 2023)


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What is Innity Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Innity Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM35.8 Mil. Innity Bhd's Total Assets for the quarter that ended in Sep. 2023 was RM79.3 Mil. Therefore, Innity Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.45.

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

XKLS:0147' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.48   Max: 0.68
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Innity Bhd was 0.68. The lowest was 0.44. And the median was 0.48.

XKLS:0147's Equity-to-Asset is ranked worse than
56.89% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs XKLS:0147: 0.45

Innity Bhd Equity-to-Asset Historical Data

The historical data trend for Innity 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.

Innity Bhd Equity-to-Asset Chart

Innity Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.48 0.46 0.46 0.50

Innity Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.48 0.50 0.47 0.46 0.45

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

For the Advertising Agencies subindustry, Innity 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.


Innity Bhd's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Innity Bhd's Equity-to-Asset distribution charts can be found below:

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



Innity 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.

Innity Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=39.551/79.179
=0.50

Innity Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=35.842/79.253
=0.45

* 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.


Innity Bhd  (XKLS:0147) 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%.


Innity Bhd Equity-to-Asset Related Terms

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


Innity Bhd (XKLS:0147) Business Description

Traded in Other Exchanges
N/A
Address
17, Jalan SS 7/26, Kelana Jaya, C501 & C502, Block C, Kelana Square, Petaling Jaya, SGR, MYS, 47301
Innity Corp Bhd operates as an investment holding company, which engages in the provision of online advertising platforms and technologies for advertisers and publishers. The Group's subsidiaries and associate are involved in the business of online advertising solutions, computer and mobile software applications development, provision of Wi-Fi services, operation of promotional and sales event information website, software production and development of content and influencer marketing. The entity has an operational presence in regions of Malaysia, Singapore, Indonesia, Vietnam, Philippines, Hong Kong/China, Taiwan, South Korea, Cambodia, and Myanmar.

Innity Bhd (XKLS:0147) Headlines

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