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Fintec Global Bhd (XKLS:0150PA.PFD) Equity-to-Asset : 0.89 (As of Dec. 2023)


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What is Fintec Global Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fintec Global Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM231.92 Mil. Fintec Global Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM259.56 Mil. Therefore, Fintec Global Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.89.

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

XKLS:0150PA.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.85   Med: 0.93   Max: 1.03
Current: 0.89

During the past 13 years, the highest Equity to Asset Ratio of Fintec Global Bhd was 1.03. The lowest was 0.85. And the median was 0.93.

XKLS:0150PA.PFD's Equity-to-Asset is ranked better than
59.1% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs XKLS:0150PA.PFD: 0.89

Fintec Global Bhd Equity-to-Asset Historical Data

The historical data trend for Fintec Global 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.

Fintec Global Bhd Equity-to-Asset Chart

Fintec Global Bhd Annual Data
Trend Jan14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.86 0.98 0.86 0.87

Fintec Global Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.87 0.89 0.87 0.90 0.89

Competitive Comparison of Fintec Global Bhd's Equity-to-Asset

For the Asset Management subindustry, Fintec Global 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.


Fintec Global Bhd's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fintec Global Bhd's Equity-to-Asset distribution charts can be found below:

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



Fintec Global 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.

Fintec Global 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
=214.228/245.412
=0.87

Fintec Global Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=231.917/259.56
=0.89

* 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.


Fintec Global Bhd  (XKLS:0150PA.PFD) 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%.


Fintec Global Bhd Equity-to-Asset Related Terms

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


Fintec Global Bhd (XKLS:0150PA.PFD) Business Description

Traded in Other Exchanges
Address
No. 8, Persiaran Tropicana, Lot 13.1, Level 13, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, MYS, 47410
Fintec Global Bhd is a technology incubation, investment holding company and manufacturing and sale of rubber gloves. The company's operating segment includes Strategic Investment; AgrilTech; Financial services; and Gloves. It generates maximum revenue from the Strategic investment segment. The company geographically covers Malaysia, Hong Kong and Unites States, out of which it derives maximum revenue from Malaysia.

Fintec Global Bhd (XKLS:0150PA.PFD) Headlines

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