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Yew Lee Pacific Group Bhd (XKLS:0248) Equity-to-Asset : 0.93 (As of Mar. 2024)


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What is Yew Lee Pacific Group Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yew Lee Pacific Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM72.81 Mil. Yew Lee Pacific Group Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM78.29 Mil. Therefore, Yew Lee Pacific Group Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.93.

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

XKLS:0248' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64   Med: 0.89   Max: 0.94
Current: 0.93

During the past 6 years, the highest Equity to Asset Ratio of Yew Lee Pacific Group Bhd was 0.94. The lowest was 0.64. And the median was 0.89.

XKLS:0248's Equity-to-Asset is ranked better than
97.96% of 147 companies
in the Industrial Distribution industry
Industry Median: 0.48 vs XKLS:0248: 0.93

Yew Lee Pacific Group Bhd Equity-to-Asset Historical Data

The historical data trend for Yew Lee Pacific Group 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.

Yew Lee Pacific Group Bhd Equity-to-Asset Chart

Yew Lee Pacific Group Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.68 0.64 0.75 0.91 0.94

Yew Lee Pacific Group Bhd Quarterly Data
Dec18 Dec19 Dec20 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 0.91 0.94 0.94 0.94 0.93

Competitive Comparison of Yew Lee Pacific Group Bhd's Equity-to-Asset

For the Industrial Distribution subindustry, Yew Lee Pacific Group 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.


Yew Lee Pacific Group Bhd's Equity-to-Asset Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Yew Lee Pacific Group Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Yew Lee Pacific Group Bhd's Equity-to-Asset falls into.



Yew Lee Pacific Group 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.

Yew Lee Pacific Group 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
=72.976/77.813
=0.94

Yew Lee Pacific Group 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
=72.806/78.294
=0.93

* 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.


Yew Lee Pacific Group Bhd  (XKLS:0248) 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%.


Yew Lee Pacific Group Bhd Equity-to-Asset Related Terms

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


Yew Lee Pacific Group Bhd (XKLS:0248) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Jalan Johan 2/1, Kawasan Perindustrian Pengkalan II, Pusing, PRK, MYS, 31550
Yew Lee Pacific Group Bhd is engaged in the manufacturing of industrial and household brushes as well as the trading of machinery parts and industrial hardware. The firm operates in three different segments namely the Manufacturing segment Which consists mainly of the manufacturing of industrial brushes; the Trading segment Which consists of trading industrial hardware and machinery parts; and Investment holding operations.

Yew Lee Pacific Group Bhd (XKLS:0248) Headlines

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