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Metro Healthcare Bhd (XKLS:03005) Equity-to-Asset : 0.63 (As of Dec. 2023)


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What is Metro Healthcare Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Metro Healthcare Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM37.38 Mil. Metro Healthcare Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM59.78 Mil. Therefore, Metro Healthcare Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.63.

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

XKLS:03005' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.68   Max: 0.91
Current: 0.63

During the past 9 years, the highest Equity to Asset Ratio of Metro Healthcare Bhd was 0.91. The lowest was 0.58. And the median was 0.68.

XKLS:03005's Equity-to-Asset is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.46 vs XKLS:03005: 0.63

Metro Healthcare Bhd Equity-to-Asset Historical Data

The historical data trend for Metro Healthcare 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.

Metro Healthcare Bhd Equity-to-Asset Chart

Metro Healthcare Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.58 0.60 0.68 0.69 0.63

Metro Healthcare Bhd Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.67 0.69 0.60 0.63

Competitive Comparison of Metro Healthcare Bhd's Equity-to-Asset

For the Medical Care Facilities subindustry, Metro Healthcare 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.


Metro Healthcare Bhd's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Metro Healthcare Bhd's Equity-to-Asset distribution charts can be found below:

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



Metro Healthcare 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.

Metro Healthcare 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
=37.375/59.778
=0.63

Metro Healthcare 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
=37.375/59.778
=0.63

* 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.


Metro Healthcare Bhd  (XKLS:03005) 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%.


Metro Healthcare Bhd Equity-to-Asset Related Terms

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


Metro Healthcare Bhd (XKLS:03005) Business Description

Traded in Other Exchanges
N/A
Address
Number 36, Jalan Pasar, Klang, Selangor Darul Ehsan, MYS, 41400
Metro Healthcare Bhd is engaged in the provision of women healthcare services. The company offers various services such as obstetrics, gynecology impatient services, and diagnostic medical imaging services. It also provides semen analysis, intracytoplasmic sperm injection, blastocyst culture, assisted hatching, frozen embryo transfer, preimplantation genetic screening, and infertility consultation services. The company serves patients in Malaysia.

Metro Healthcare Bhd (XKLS:03005) Headlines

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