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Wentel Engineering Holdings Bhd (XKLS:0298) Equity-to-Asset : 0.87 (As of Dec. 2024)


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What is Wentel Engineering Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wentel Engineering Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM186.5 Mil. Wentel Engineering Holdings Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM214.1 Mil. Therefore, Wentel Engineering Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.87.

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

XKLS:0298' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.72   Med: 0.77   Max: 0.87
Current: 0.87

During the past 5 years, the highest Equity to Asset Ratio of Wentel Engineering Holdings Bhd was 0.87. The lowest was 0.72. And the median was 0.77.

XKLS:0298's Equity-to-Asset is ranked better than
93.86% of 3028 companies
in the Industrial Products industry
Industry Median: 0.57 vs XKLS:0298: 0.87

Wentel Engineering Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Wentel Engineering 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.

Wentel Engineering Holdings Bhd Equity-to-Asset Chart

Wentel Engineering Holdings Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
0.72 0.73 0.82 - 0.87

Wentel Engineering Holdings Bhd Quarterly Data
Dec20 Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only - 0.93 0.92 0.91 0.87

Competitive Comparison of Wentel Engineering Holdings Bhd's Equity-to-Asset

For the Metal Fabrication subindustry, Wentel Engineering 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.


Wentel Engineering Holdings Bhd's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wentel Engineering Holdings Bhd's Equity-to-Asset distribution charts can be found below:

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


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Wentel Engineering 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.

Wentel Engineering Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=186.464/214.126
=0.87

Wentel Engineering Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=186.464/214.126
=0.87

* 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.


Wentel Engineering Holdings Bhd  (XKLS:0298) 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%.


Wentel Engineering Holdings Bhd Equity-to-Asset Related Terms

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


Wentel Engineering Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Jalan Gagah, Kawasan Perindustrian Larkin, Johor Bahru, JHR, MYS, 80350
Wentel Engineering Holdings Bhd is engaged in the fabrication of semifinished metal products, fabrication of metal parts, and assembly of finished products. Fabrication of semifinished metal products includes fabricate metal bodies and accessories to be used in security screening equipment and CNC machines. Fabrication of metal parts includes support blocks, brackets, panels, cover plates, cable covers, housings, channels, and tunnels and Assembly of finished products produces walk-through metal detectors used for security screening applications. Maximum revenue is generated from the fabrication of semifinished metal products.

Wentel Engineering Holdings Bhd Headlines

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