The historical rank and industry rank for Hiap Teck Venture Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:5072'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52 Med: 0.6 Max: 0.73
Current: 0.65
During the past 13 years, the highest Equity to Asset Ratio of Hiap Teck Venture Bhd was 0.73. The lowest was 0.52. And the median was 0.60.
XKLS:5072's Equity-to-Asset is ranked better than 68.67% of 632
companies
in the Steel industry
Industry Median: 0.53
vs XKLS:5072: 0.65
Hiap Teck Venture Bhd Equity-to-Asset Historical Data
The historical data trend for Hiap Teck Venture 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.
Competitive Comparison of Hiap Teck Venture Bhd's Equity-to-Asset
For the Steel subindustry, Hiap Teck Venture 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.
Hiap Teck Venture Bhd's Equity-to-Asset Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Hiap Teck Venture Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Hiap Teck Venture Bhd's Equity-to-Asset falls into.
Hiap Teck Venture 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.
Hiap Teck Venture Bhd's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as
* 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.
Hiap Teck Venture Bhd (XKLS:5072) 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%.
Hiap Teck Venture Bhd Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Hiap Teck Venture Bhd's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Hiap Teck Venture Bhd (XKLS:5072) Business Description
Hiap Teck Venture Bhd is a Malaysia-based company. It has five segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; and the Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore. It generates a vast majority of the revenues from the Trading segment within Malaysia.
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