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Pappajack Bhd (XKLS:0242) Equity-to-Asset : 0.86 (As of Mar. 2024)


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What is Pappajack Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pappajack Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM250.5 Mil. Pappajack Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM291.6 Mil. Therefore, Pappajack Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.86.

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

XKLS:0242' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.79   Med: 0.86   Max: 0.91
Current: 0.86

During the past 6 years, the highest Equity to Asset Ratio of Pappajack Bhd was 0.91. The lowest was 0.79. And the median was 0.86.

XKLS:0242's Equity-to-Asset is ranked better than
82.07% of 541 companies
in the Credit Services industry
Industry Median: 0.37 vs XKLS:0242: 0.86

Pappajack Bhd Equity-to-Asset Historical Data

The historical data trend for Pappajack 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.

Pappajack Bhd Equity-to-Asset Chart

Pappajack Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.86 0.84 0.85 0.79 0.86

Pappajack Bhd Quarterly Data
Dec18 Dec19 Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.79 0.84 0.85 0.86 0.86

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

For the Credit Services subindustry, Pappajack 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.


Pappajack Bhd's Equity-to-Asset Distribution in the Credit Services Industry

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

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



Pappajack 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.

Pappajack 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
=245.284/286.277
=0.86

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

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=250.52/291.572
=0.86

* 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.


Pappajack Bhd  (XKLS:0242) 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%.


Pappajack Bhd Equity-to-Asset Related Terms

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Pappajack Bhd (XKLS:0242) Business Description

Traded in Other Exchanges
N/A
Address
Taman Kinrara Seksyen 1, 11B, Jalan TK1/11A, Puchong, SGR, MYS, 47180
Pappajack Bhd is an investment holding company. It is principally involved in the provision of pawnbroking services through a network of pawnbroking outlets in Malaysia. The group operates in two segments: Interest income which includes interest charges from pawnbroking and Sales auction which includes sales of unredeemed or bid pledges.

Pappajack Bhd (XKLS:0242) Headlines

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