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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Go Innovate Asia Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2025 was RM12 Mil. Go Innovate Asia Bhd's Total Assets for the quarter that ended in Jun. 2025 was RM149 Mil.
Therefore, Go Innovate Asia Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2025 was 0.08.
The historical rank and industry rank for Go Innovate Asia Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:03028'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.43 Max: 0.88
Current: 0.08
During the past 8 years, the highest Equity to Asset Ratio of Go Innovate Asia Bhd was 0.88. The lowest was 0.08. And the median was 0.43.
XKLS:03028's Equity-to-Asset is not ranked
in the Capital Markets industry.
Industry Median: 0.505
vs XKLS:03028: 0.08
Go Innovate Asia Bhd (XKLS:03028) 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%.
Go Innovate Asia Bhd Equity-to-Asset Related Terms
Go Innovate Asia Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Go Innovate Asia 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.
XKLS:03028 vs MS, GS, SCHW: Equity-to-Asset Comparison
For the Capital Markets subindustry, Go Innovate Asia 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.
Go Innovate Asia Bhd Equity-to-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Go Innovate Asia Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Go Innovate Asia Bhd's Equity-to-Asset falls into.
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.
Go Innovate Asia Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
Go Innovate Asia Bhd (XKLS:03028) has a Equity-to-Asset of 0.08 as of Jun. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Go Innovate Asia Bhd and its competitors. This is 81% below median its historical median of 0.43. Over the past decade, Go Innovate Asia Bhd's Equity-to-Asset has ranged from 0.08 to 0.88.
Is Go Innovate Asia Bhd's Equity-to-Asset too high?
Go Innovate Asia Bhd's current Equity-to-Asset of 0.08 is 81% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.88. The Capital Markets industry median Equity-to-Asset is 0.51. Go Innovate Asia Bhd's value of 0.08 is 84.2% below this industry median.
How does Go Innovate Asia Bhd's Equity-to-Asset compare to MS and GS?
Go Innovate Asia Bhd's Equity-to-Asset of 0.08 can be compared against companies in the Capital Markets industry. The industry median Equity-to-Asset is 0.51. Go Innovate Asia Bhd's value of 0.08 is 84.2% below this benchmark. Historically, Go Innovate Asia Bhd's own Equity-to-Asset has ranged from 0.08 to 0.88 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.51, Go Innovate Asia Bhd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Capital Markets company?
The median Equity-to-Asset among Capital Markets companies is 0.51, based on 812 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Go Innovate Asia Bhd's current Equity-to-Asset of 0.08 is 84.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Go Innovate Asia Bhd and its competitors. For the Capital Markets industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Go Innovate Asia Bhd's current Equity-to-Asset is 0.08, which is 81% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Equity-to-Asset of 0.08. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Equity-to-Asset is 0.08, which is 81% below median its 10-year median of 0.43 and 84.2% below the Capital Markets industry median of 0.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Go Innovate Asia Bhd (XKLS:03028), the current Equity-to-Asset is 0.08 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.
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