SMTrack Bhd (XKLS:0169) Equity-to-Asset : 0.61 (As of Dec. 2023)

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What is SMTrack Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SMTrack Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM71.40 Mil. SMTrack Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM116.32 Mil. Therefore, SMTrack Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.61.

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

XKLS:0169' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.9 Max: 0.98
Current: 0.61

During the past 9 years, the highest Equity to Asset Ratio of SMTrack Bhd was 0.98. The lowest was 0.61. And the median was 0.90.

XKLS:0169's Equity-to-Asset is ranked better than
58.98% of 2850 companies
in the Software industry
Industry Median: 0.54 vs XKLS:0169: 0.61

SMTrack Bhd Equity-to-Asset Historical Data

The historical data trend for SMTrack 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.

SMTrack Bhd Equity-to-Asset Chart

SMTrack Bhd Annual Data

Trend

Sep10

Sep11

Sep12

Sep13

Mar15

Jul16

Jul17

Jul18

Jul19

Equity-to-Asset

Get a 7-Day Free Trial

0.83

0.91

0.89

0.88

0.81

SMTrack Bhd Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.96	-	0.65	0.65	0.61

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

For the Information Technology Services subindustry, SMTrack 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.

SMTrack Bhd's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, SMTrack Bhd's Equity-to-Asset distribution charts can be found below:

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

SMTrack 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.

SMTrack Bhd's Equity to Asset Ratio for the fiscal year that ended in Jul. 2019 is calculated as

Equity to Asset (A: Jul. 2019 )	=	Total Stockholders Equity	/	Total Assets
	=	11.536	/	14.302
	=	0.81

SMTrack 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
	=	71.399	/	116.323
	=	0.61

SMTrack Bhd (XKLS:0169) 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%.

SMTrack Bhd Equity-to-Asset Related Terms

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

SMTrack Bhd (XKLS:0169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SMTrack Bhd (XKLS:0169) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 29-7, 7th Floor, The Bouvelard, Mid Valley City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

http://www.smtrackberhad.my

SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in Investment holding and others segment, Delivery segment and Beauty and wellness segment. It derives majority of its revenues from the Investment holding and others segment and has operations spread across Malaysia.

SMTrack Bhd (XKLS:0169) Headlines

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