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Jati Tinggi Group Bhd (XKLS:0292) Equity-to-Asset : 0.48 (As of Nov. 2024)


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What is Jati Tinggi Group Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jati Tinggi Group Bhd's Total Stockholders Equity for the quarter that ended in Nov. 2024 was RM65.7 Mil. Jati Tinggi Group Bhd's Total Assets for the quarter that ended in Nov. 2024 was RM136.8 Mil. Therefore, Jati Tinggi Group Bhd's Equity to Asset Ratio for the quarter that ended in Nov. 2024 was 0.48.

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

XKLS:0292' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.31   Max: 0.48
Current: 0.48

During the past 5 years, the highest Equity to Asset Ratio of Jati Tinggi Group Bhd was 0.48. The lowest was 0.21. And the median was 0.31.

XKLS:0292's Equity-to-Asset is ranked better than
55.53% of 1745 companies
in the Construction industry
Industry Median: 0.45 vs XKLS:0292: 0.48

Jati Tinggi Group Bhd Equity-to-Asset Historical Data

The historical data trend for Jati Tinggi 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.

Jati Tinggi Group Bhd Equity-to-Asset Chart

Jati Tinggi Group Bhd Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24
Equity-to-Asset
0.21 0.32 0.31 - 0.48

Jati Tinggi Group Bhd Quarterly Data
Nov20 Nov21 May22 Nov22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.52 0.53 0.52 0.48

Competitive Comparison of Jati Tinggi Group Bhd's Equity-to-Asset

For the Engineering & Construction subindustry, Jati Tinggi 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.


Jati Tinggi Group Bhd's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jati Tinggi Group Bhd's Equity-to-Asset distribution charts can be found below:

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



Jati Tinggi 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.

Jati Tinggi Group Bhd's Equity to Asset Ratio for the fiscal year that ended in Nov. 2024 is calculated as

Equity to Asset (A: Nov. 2024 )=Total Stockholders Equity/Total Assets
=65.739/136.817
=0.48

Jati Tinggi Group Bhd's Equity to Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

Equity to Asset (Q: Nov. 2024 )=Total Stockholders Equity/Total Assets
=65.739/136.817
=0.48

* 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.


Jati Tinggi Group Bhd  (XKLS:0292) 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%.


Jati Tinggi Group Bhd Equity-to-Asset Related Terms

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Jati Tinggi Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
No 23 & 25, Jalan Temenggung 13/9, Bandar Mahkota Cheras, Seksyen 9, Cheras, SGR, MYS, 43200
Jati Tinggi Group Bhd is a infrastructure utilities engineering solutions company. It is principally involved in the provision of underground and overhead utilities engineering services and solutions, and also provide other services, namely substation EPCC services, trading of equipment for substations as well as street lighting services.

Jati Tinggi Group Bhd Headlines

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