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Panda Eco System Bhd (XKLS:0290) Equity-to-Asset : 0.84 (As of Dec. 2023)


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What is Panda Eco System Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Panda Eco System Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM32.47 Mil. Panda Eco System Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM38.57 Mil. Therefore, Panda Eco System Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.84.

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

XKLS:0290' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65   Med: 0.77   Max: 0.85
Current: 0.84

During the past 5 years, the highest Equity to Asset Ratio of Panda Eco System Bhd was 0.85. The lowest was 0.65. And the median was 0.77.

XKLS:0290's Equity-to-Asset is ranked better than
89.13% of 2843 companies
in the Software industry
Industry Median: 0.55 vs XKLS:0290: 0.84

Panda Eco System Bhd Equity-to-Asset Historical Data

The historical data trend for Panda Eco System 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.

Panda Eco System Bhd Equity-to-Asset Chart

Panda Eco System Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.85 0.65 0.74 0.77 0.84

Panda Eco System Bhd Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.74 - 0.77 0.91 0.84

Competitive Comparison of Panda Eco System Bhd's Equity-to-Asset

For the Software - Application subindustry, Panda Eco System 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.

Panda Eco System Bhd's Equity-to-Asset Distribution in the Software Industry

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

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


Panda Eco System 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.

Panda Eco System 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
=32.471/38.572
=0.84

Panda Eco System 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
=32.471/38.572
=0.84

* 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.

Panda Eco System Bhd  (XKLS:0290) 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%.

Panda Eco System Bhd Equity-to-Asset Related Terms

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

Panda Eco System Bhd (XKLS:0290) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Panda Eco System Bhd (XKLS:0290) » Definitions » Equity-to-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
No 28, 28-1, 30, 30-1, 32-1 and 34-1, Jalan PPM13 Plaza Pandan Malim Business Park, Melaka, MYS, 75250
Website
https://www.panda-eco.com
Panda Eco System Bhd is principally involved in the development, customisation, implementation and integration of Retail Management Eco-system. In addition, it is also involved in the trading of third-party software, trading of IT hardware as well as software customisation, implementation and integration of process control and automation solutions.

Panda Eco System Bhd (XKLS:0290) Headlines

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