AGX Group Bhd (XKLS:0299) Equity-to-Asset : 0.51 (As of Dec. 2022)

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What is AGX Group Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AGX Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2022 was RM44.0 Mil. AGX Group Bhd's Total Assets for the quarter that ended in Dec. 2022 was RM86.8 Mil. Therefore, AGX Group Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.51.

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

XKLS:0299' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07 Med: 0.41 Max: 0.51
Current: 0.51

During the past 3 years, the highest Equity to Asset Ratio of AGX Group Bhd was 0.51. The lowest was 0.07. And the median was 0.41.

XKLS:0299's Equity-to-Asset is ranked better than
53.43% of 977 companies
in the Transportation industry
Industry Median: 0.49 vs XKLS:0299: 0.51

AGX Group Bhd Equity-to-Asset Historical Data

The historical data trend for AGX 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.

AGX Group Bhd Equity-to-Asset Chart

AGX Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

0.07

0.41

0.51

AGX Group Bhd Semi-Annual Data
	Dec20	Dec21	Dec22
Equity-to-Asset	0.07	0.41	0.51

Competitive Comparison of AGX Group Bhd's Equity-to-Asset

For the Integrated Freight & Logistics subindustry, AGX 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.

AGX Group Bhd's Equity-to-Asset Distribution in the Transportation Industry

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

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

AGX 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.

AGX 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
	=	44.032	/	86.83
	=	0.51

AGX Group Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	44.032	/	86.83
	=	0.51

AGX Group Bhd (XKLS:0299) 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%.

AGX Group Bhd Equity-to-Asset Related Terms

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

AGX Group Bhd (XKLS:0299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AGX Group Bhd (XKLS:0299) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan USJ 10/1A, Unit 1A-C and Unit 2A-C, 2nd Floor, Pusat Perniagaan USJ 10, UEP Subang Jaya, SGR, MYS, 47610

Website

https://www.agxlogistics.com

AGX Group Bhd is a logistics service provider. It is a 3PL service provider that comprises sea and air freight forwarding, aerospace logistics, warehousing and other 3PL, and road freight transportation services. It also provides services to assist senders or receivers in transporting their goods from the point of origin to their final destinations and has services in all the countries and has a physical presence, namely Malaysia, the Philippines, Korea, Myanmar, and Singapore. Its sea and air freight forwarding services are mostly concerned with organizing the transportation of cargo for our customers, starting from the point of origin and ending when the freight is delivered to its final destination. Sea and air freight forwarding services generate maximum revenue for the company.

AGX Group Bhd (XKLS:0299) Headlines

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