Solar District Cooling Group Bhd (XKLS:0321) Equity-to-Asset : 0.95 (As of Dec. 2024)

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What is Solar District Cooling Group Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Solar District Cooling Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM62.69 Mil. Solar District Cooling Group Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM65.91 Mil. Therefore, Solar District Cooling Group Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.95.

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

XKLS:0321' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.81 Med: 0.83 Max: 0.95
Current: 0.95

During the past 5 years, the highest Equity to Asset Ratio of Solar District Cooling Group Bhd was 0.95. The lowest was 0.81. And the median was 0.83.

XKLS:0321's Equity-to-Asset is ranked better than
98.33% of 1076 companies
in the Business Services industry
Industry Median: 0.51 vs XKLS:0321: 0.95

Solar District Cooling Group Bhd Equity-to-Asset Historical Data

The historical data trend for Solar District Cooling 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.

Solar District Cooling Group Bhd Equity-to-Asset Chart

Solar District Cooling Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Equity-to-Asset

0.84

0.83

0.81

0.95

Solar District Cooling Group Bhd Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23	Dec24
Equity-to-Asset	0.84	0.83	0.83	0.81	0.95

Competitive Comparison of Solar District Cooling Group Bhd's Equity-to-Asset

For the Specialty Business Services subindustry, Solar District Cooling 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.

Solar District Cooling Group Bhd's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Solar District Cooling Group Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Solar District Cooling Group Bhd's Equity-to-Asset falls into.

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Solar District Cooling 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.

Solar District Cooling Group Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	62.688	/	65.905
	=	0.95

Solar District Cooling Group Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	62.688	/	65.905
	=	0.95

Solar District Cooling Group Bhd (XKLS:0321) 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%.

Solar District Cooling Group Bhd Equity-to-Asset Related Terms

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

Solar District Cooling Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Solar District Cooling Group Bhd (XKLS:0321) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Kajang Perdana 3/2, Wisma SDC No. 25, Taman Kajang Perdana, Kajang, SGR, MYS, 43000

Website

https://www.sdc.my

Solar District Cooling Group Bhd is principally involved in the provision and maintenance of BMS, solar thermal systems, other systems and equipment and other energy services. Its wholly-owned subsidiary is principally involved in mechanical and electrical works, and project management services.

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