GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sunmow Holding Bhd (XKLS:03050) » Definitions » Equity-to-Asset

Sunmow Holding Bhd (XKLS:03050) Equity-to-Asset : 0.34 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Sunmow Holding Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sunmow Holding Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM49.6 Mil. Sunmow Holding Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM147.3 Mil. Therefore, Sunmow Holding Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.34.

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

XKLS:03050' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.33   Max: 0.42
Current: 0.34

During the past 6 years, the highest Equity to Asset Ratio of Sunmow Holding Bhd was 0.42. The lowest was 0.26. And the median was 0.33.

XKLS:03050's Equity-to-Asset is not ranked
in the Construction industry.
Industry Median: 0.45 vs XKLS:03050: 0.34

Sunmow Holding Bhd Equity-to-Asset Historical Data

The historical data trend for Sunmow Holding 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.

Sunmow Holding Bhd Equity-to-Asset Chart

Sunmow Holding Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.28 0.31 0.41 0.42 0.34

Sunmow Holding Bhd Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.41 0.41 0.42 0.42 0.34

Competitive Comparison of Sunmow Holding Bhd's Equity-to-Asset

For the Engineering & Construction subindustry, Sunmow Holding 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.


Sunmow Holding Bhd's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sunmow Holding Bhd's Equity-to-Asset distribution charts can be found below:

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



Sunmow Holding 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.

Sunmow Holding 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
=49.592/147.311
=0.34

Sunmow Holding 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
=49.592/147.311
=0.34

* 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.


Sunmow Holding Bhd  (XKLS:03050) 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%.


Sunmow Holding Bhd Equity-to-Asset Related Terms

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


Sunmow Holding Bhd (XKLS:03050) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Tun Ahmad Zaidi, No. 142, 1st Floor, Parkcity Commerce Square, Bintulu, SWK, MYS, 97010
Sunmow Holding Bhd s principally engaged in the construction contract works and provision of construction support services, property development and trading in building materials and tools.

Sunmow Holding Bhd (XKLS:03050) Headlines

No Headlines