GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chin Well Holdings Bhd (XKLS:5007) » Definitions » Equity-to-Asset

Chin Well Holdings Bhd (XKLS:5007) Equity-to-Asset : 0.90 (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Chin Well Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chin Well Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM674.8 Mil. Chin Well Holdings Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM749.8 Mil. Therefore, Chin Well Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.90.

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

XKLS:5007' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66   Med: 0.82   Max: 0.9
Current: 0.9

During the past 13 years, the highest Equity to Asset Ratio of Chin Well Holdings Bhd was 0.90. The lowest was 0.66. And the median was 0.82.

XKLS:5007's Equity-to-Asset is ranked better than
96.16% of 3043 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKLS:5007: 0.90

Chin Well Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Chin Well Holdings 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.

Chin Well Holdings Bhd Equity-to-Asset Chart

Chin Well Holdings Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.84 0.81 0.83 0.89

Chin Well Holdings 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 0.87 0.89 0.90 0.90 0.90

Competitive Comparison of Chin Well Holdings Bhd's Equity-to-Asset

For the Tools & Accessories subindustry, Chin Well Holdings 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.


Chin Well Holdings Bhd's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chin Well Holdings Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chin Well Holdings Bhd's Equity-to-Asset falls into.



Chin Well Holdings 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.

Chin Well Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=680.368/760.875
=0.89

Chin Well Holdings 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
=674.768/749.779
=0.90

* 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.


Chin Well Holdings Bhd  (XKLS:5007) 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%.


Chin Well Holdings Bhd Equity-to-Asset Related Terms

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


Chin Well Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1586, MK11, Lorong Perusahaan Utama 1, Bukit Tengah Industrial Park, Bukit Mertajam, PNG, MYS, 14000
Chin Well Holdings Bhd is a Malaysia-based investment holding company. It operates in three business segments. The Fastening products segment is a key revenue driver which is engaged in the manufacturing and trading of screws, nuts, bolts, and other related products. Its Wire products segment is involved in the production of precision galvanized wire, annealing wire, bright wire, hard drawn wire, polyvinyl chloride wire, bent round bar, and grill mesh. The company's Investment holding segment comprises investment holding and property investment activities. Geographically, it operates in Malaysia, Europe, North America, Vietnam, Australia, Other Asia Pacific countries and others. It derives a majority of its revenue from Malaysia.

Chin Well Holdings Bhd Headlines

No Headlines