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Carlo Rino Group Bhd (XKLS:03016) Equity-to-Asset : 0.66 (As of Dec. 2023)


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What is Carlo Rino Group Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Carlo Rino Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM104.3 Mil. Carlo Rino Group Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM158.7 Mil. Therefore, Carlo Rino Group Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.66.

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

XKLS:03016' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.67   Max: 0.76
Current: 0.66

During the past 8 years, the highest Equity to Asset Ratio of Carlo Rino Group Bhd was 0.76. The lowest was 0.63. And the median was 0.67.

XKLS:03016's Equity-to-Asset is ranked better than
69.72% of 1080 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs XKLS:03016: 0.66

Carlo Rino Group Bhd Equity-to-Asset Historical Data

The historical data trend for Carlo Rino 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.

Carlo Rino Group Bhd Equity-to-Asset Chart

Carlo Rino Group Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial 0.76 0.65 0.64 0.66 0.67

Carlo Rino Group Bhd Semi-Annual Data
Jun16 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 0.63 0.66 0.68 0.67 0.66

Competitive Comparison of Carlo Rino Group Bhd's Equity-to-Asset

For the Footwear & Accessories subindustry, Carlo Rino 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.


Carlo Rino Group Bhd's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carlo Rino Group Bhd's Equity-to-Asset distribution charts can be found below:

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



Carlo Rino 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.

Carlo Rino Group Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=100.18/149.033
=0.67

Carlo Rino Group 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
=104.273/158.736
=0.66

* 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.


Carlo Rino Group Bhd  (XKLS:03016) 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%.


Carlo Rino Group Bhd Equity-to-Asset Related Terms

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


Carlo Rino Group Bhd (XKLS:03016) Business Description

Traded in Other Exchanges
N/A
Address
No. 160, Jalan Cerdas, Taman Connaught, L2-05, 2nd Floor, Ikon Connaught, Wilayah Persekutuan, Kuala Lumpur, MYS, 56000
Carlo Rino Group Bhd is an investment holding company whose subsidiaries are principally involved in the design, marketing and retailing of women footwear, handbags and accessories; and provision of management services in Malaysia.

Carlo Rino Group Bhd (XKLS:03016) Headlines

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