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TASCO Bhd (XKLS:5140) Equity-to-Asset : 0.33 (As of Dec. 2024)


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What is TASCO Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TASCO Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM640 Mil. TASCO Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM1,944 Mil. Therefore, TASCO Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.33.

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

XKLS:5140' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.46   Max: 0.75
Current: 0.33

During the past 13 years, the highest Equity to Asset Ratio of TASCO Bhd was 0.75. The lowest was 0.33. And the median was 0.46.

XKLS:5140's Equity-to-Asset is ranked worse than
72.02% of 983 companies
in the Transportation industry
Industry Median: 0.5 vs XKLS:5140: 0.33

TASCO Bhd Equity-to-Asset Historical Data

The historical data trend for TASCO 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.

TASCO Bhd Equity-to-Asset Chart

TASCO Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.49 0.38 0.39 0.38

TASCO Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.35 0.38 0.34 0.34 0.33

Competitive Comparison of TASCO Bhd's Equity-to-Asset

For the Integrated Freight & Logistics subindustry, TASCO 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.


TASCO Bhd's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TASCO Bhd's Equity-to-Asset distribution charts can be found below:

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



TASCO 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.

TASCO Bhd's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=629.41/1673.587
=0.38

TASCO 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
=639.994/1944.106
=0.33

* 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.


TASCO Bhd  (XKLS:5140) 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%.


TASCO Bhd Equity-to-Asset Related Terms

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


TASCO Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan 22/1, Seksyen 22, Lot No. 1A, Persiaran Jubli Perak, Shah Alam, SGR, MYS, 40300
TASCO Bhd is an integrated logistics solutions provider that offers air, sea, and land transportation services. The company operates through various segments including Air Freight Forwarding (AFF), Contract Logistics Division (CLD), Trucking Division (TD), Ocean Freight Forwarding Division (OFF), Supply Chain Solution Division (SCS), and Cold Supply Chain Division (CSC). Its Contract Logistics Division (CLD) segment, which is involved in Customs forwarding, warehousing, in-plant, and container haulage, generates the highest revenue. The company has both domestic and international operations.

TASCO Bhd Headlines

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