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CC International Bhd (XKLS:03053) Equity-to-Asset : 0.91 (As of Jun. 2024)


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What is CC International Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CC International Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2024 was RM84.63 Mil. CC International Bhd's Total Assets for the quarter that ended in Jun. 2024 was RM92.77 Mil. Therefore, CC International Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.91.

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

XKLS:03053' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.8   Max: 0.91
Current: 0.91

During the past 5 years, the highest Equity to Asset Ratio of CC International Bhd was 0.91. The lowest was 0.61. And the median was 0.80.

XKLS:03053's Equity-to-Asset is not ranked
in the Business Services industry.
Industry Median: 0.5 vs XKLS:03053: 0.91

CC International Bhd Equity-to-Asset Historical Data

The historical data trend for CC International 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.

CC International Bhd Equity-to-Asset Chart

CC International Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.66 0.70 0.61 0.79 0.84

CC International Bhd Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.90 0.79 0.80 0.84 0.91

Competitive Comparison of CC International Bhd's Equity-to-Asset

For the Specialty Business Services subindustry, CC International 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.


CC International Bhd's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CC International Bhd's Equity-to-Asset distribution charts can be found below:

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



CC International 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.

CC International 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
=82.146/97.525
=0.84

CC International Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=84.628/92.774
=0.91

* 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.


CC International Bhd  (XKLS:03053) 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%.


CC International Bhd Equity-to-Asset Related Terms

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


CC International Bhd Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Off Jalan Klang Lama, 8-4, Jalan 2/114 Kuchai Business Centre, Kuala Lumpur, SGR, MYS, 58200
CC International Bhd is a home-grown multidisciplinary professional service provider. The company's services include GBS - Accounting and business service outsourcing, Tax services, Corporate secretarial services, Business consultancy services, and Wealth management services. Its clients comprises corporate clients such as SMEs, large private corporations, public listed companies, multinational corporations, government institutions and foundations as well as individual clients.

CC International Bhd Headlines

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