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Nationgate Holdings Bhd (XKLS:0270) Equity-to-Asset : 0.30 (As of Sep. 2024)


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What is Nationgate Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nationgate Holdings Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2024 was RM889 Mil. Nationgate Holdings Bhd's Total Assets for the quarter that ended in Sep. 2024 was RM2,959 Mil. Therefore, Nationgate Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.30.

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

XKLS:0270' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.35   Max: 0.6
Current: 0.3

During the past 5 years, the highest Equity to Asset Ratio of Nationgate Holdings Bhd was 0.60. The lowest was 0.24. And the median was 0.35.

XKLS:0270's Equity-to-Asset is ranked worse than
85.4% of 2473 companies
in the Hardware industry
Industry Median: 0.56 vs XKLS:0270: 0.30

Nationgate Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Nationgate 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.

Nationgate Holdings Bhd Equity-to-Asset Chart

Nationgate Holdings Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.27 0.24 0.26 0.30 0.56

Nationgate Holdings Bhd Quarterly Data
Dec19 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.56 0.56 0.47 0.33 0.30

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

For the Electronic Components subindustry, Nationgate 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.


Nationgate Holdings Bhd's Equity-to-Asset Distribution in the Hardware Industry

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

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



Nationgate 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.

Nationgate Holdings 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
=414.749/734.854
=0.56

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

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=888.643/2958.563
=0.30

* 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.


Nationgate Holdings Bhd  (XKLS:0270) 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%.


Nationgate Holdings Bhd Equity-to-Asset Related Terms

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Nationgate Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
2005, Tingkat Perusahaan Satu, Kawasan Perindustrian Prai, Pulau Pinang, Perai, PNG, MYS, 13600
Nationgate Holdings Bhd is engaged in the assembling and testing of electronic components and products to produce completed PCBs, semi-finished sub-assemblies, and fully assembled electronic products as well as semiconductor devices.

Nationgate Holdings Bhd Headlines

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