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Solarvest Holdings Bhd (XKLS:0215) Equity-to-Asset : 0.49 (As of Jun. 2024)


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What is Solarvest Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Solarvest Holdings Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2024 was RM272.5 Mil. Solarvest Holdings Bhd's Total Assets for the quarter that ended in Jun. 2024 was RM555.5 Mil. Therefore, Solarvest Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.49.

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

XKLS:0215' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.49   Max: 0.71
Current: 0.49

During the past 9 years, the highest Equity to Asset Ratio of Solarvest Holdings Bhd was 0.71. The lowest was 0.25. And the median was 0.49.

XKLS:0215's Equity-to-Asset is ranked worse than
68.25% of 1011 companies
in the Semiconductors industry
Industry Median: 0.63 vs XKLS:0215: 0.49

Solarvest Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Solarvest Holdings 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.

Solarvest Holdings Bhd Equity-to-Asset Chart

Solarvest Holdings Bhd Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.49 0.58 0.68 0.41 0.44

Solarvest Holdings Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.36 0.37 0.41 0.44 0.49

Competitive Comparison of Solarvest Holdings Bhd's Equity-to-Asset

For the Solar subindustry, Solarvest Holdings 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.


Solarvest Holdings Bhd's Equity-to-Asset Distribution in the Semiconductors Industry

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

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



Solarvest Holdings 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.

Solarvest Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=230.778/520.411
=0.44

Solarvest Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=272.453/555.513
=0.49

* 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.


Solarvest Holdings Bhd  (XKLS:0215) 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%.


Solarvest Holdings Bhd Equity-to-Asset Related Terms

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


Solarvest Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jalan 13/6, Seksyen 13, L1-01, Pacific 63 at PJ Centre, Petaling Jaya, SGR, MYS, 46200
Solarvest Holdings Bhd is an investment holding company. The company's operating segment includes (engineering, procurement, construction and commissioning) EPCC of the solar energy system; Operations and maintenance of solar energy system; Sale of electricity through solar energy generation, and others. It generates maximum revenue from EPCC of the solar energy system segment. The company serves residential; commercial; industrial and large-scale solar energy producers.

Solarvest Holdings Bhd Headlines

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