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Lien Hoe Bhd (XKLS:3573) Equity-to-Asset : 0.73 (As of Mar. 2024)


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What is Lien Hoe Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lien Hoe Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM246.39 Mil. Lien Hoe Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM338.88 Mil. Therefore, Lien Hoe Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.73.

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

XKLS:3573' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65   Med: 0.71   Max: 0.75
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Lien Hoe Bhd was 0.75. The lowest was 0.65. And the median was 0.71.

XKLS:3573's Equity-to-Asset is ranked better than
80.4% of 842 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs XKLS:3573: 0.73

Lien Hoe Bhd Equity-to-Asset Historical Data

The historical data trend for Lien Hoe 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.

Lien Hoe Bhd Equity-to-Asset Chart

Lien Hoe Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.71 0.72 0.74 0.73

Lien Hoe Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.73 0.73 0.73 0.73

Competitive Comparison of Lien Hoe Bhd's Equity-to-Asset

For the Lodging subindustry, Lien Hoe 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.


Lien Hoe Bhd's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lien Hoe Bhd's Equity-to-Asset distribution charts can be found below:

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



Lien Hoe 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.

Lien Hoe 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
=248.904/342.83
=0.73

Lien Hoe Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=246.387/338.875
=0.73

* 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.


Lien Hoe Bhd  (XKLS:3573) 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%.


Lien Hoe Bhd Equity-to-Asset Related Terms

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Lien Hoe Bhd (XKLS:3573) Business Description

Traded in Other Exchanges
N/A
Address
Lot 6, Lorong Utara C, 3rd Floor, Plaza Armada, Section 52, Petaling Jaya, SGR, MYS, 46200
Lien Hoe Corp Bhd, along with its subsidiaries, is engaged in hotel service, property investment and property development business. The group operates in the business segments of Property which comprise land and property investment; Hotel comprising hotel operations; and Corporate which involves group-level corporate services and treasury functions. It principally operates in Malaysia and derives key revenue from the Hotel segment that consists of Hotel Armada, a 4-star business and tourist class hotel located in the heart of Petaling Jaya along the Federal Highway.

Lien Hoe Bhd (XKLS:3573) Headlines

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