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Master Tec Group Bhd (XKLS:0295) Equity-to-Asset : 0.58 (As of Jun. 2023)


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What is Master Tec Group Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Master Tec Group Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2023 was RM158.3 Mil. Master Tec Group Bhd's Total Assets for the quarter that ended in Jun. 2023 was RM271.2 Mil. Therefore, Master Tec Group Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.58.

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

XKLS:0295' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.39   Max: 0.58
Current: 0.58

During the past 3 years, the highest Equity to Asset Ratio of Master Tec Group Bhd was 0.58. The lowest was 0.37. And the median was 0.39.

XKLS:0295's Equity-to-Asset is ranked better than
54.14% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKLS:0295: 0.58

Master Tec Group Bhd Equity-to-Asset Historical Data

The historical data trend for Master Tec 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.

Master Tec Group Bhd Equity-to-Asset Chart

Master Tec Group Bhd Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.39 0.37 0.39

Master Tec Group Bhd Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Equity-to-Asset 0.39 0.37 - 0.39 0.58

Competitive Comparison of Master Tec Group Bhd's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Master Tec 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.


Master Tec Group Bhd's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Master Tec Group Bhd's Equity-to-Asset distribution charts can be found below:

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



Master Tec 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.

Master Tec Group Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=86.232/219.142
=0.39

Master Tec Group Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=158.291/271.241
=0.58

* 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.


Master Tec Group Bhd  (XKLS:0295) 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%.


Master Tec Group Bhd Equity-to-Asset Related Terms

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


Master Tec Group Bhd (XKLS:0295) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
RM1299-A Kawasan, Perindustrian Rembia, Alor Gajah, Melaka, MLA, MYS, 78000
Master Tec Group Bhd is an investment holding company. Through its subsidiary, it is involved in the manufacturing and distribution of power cables, control and instrumentation cables, and other related products, and the trading of power cables, fibre optic cables, and other related products.

Master Tec Group Bhd (XKLS:0295) Headlines

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