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Nexg Bhd (XKLS:5216) Equity-to-Asset : 0.80 (As of Dec. 2024)


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What is Nexg Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nexg Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM380.3 Mil. Nexg Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM476.7 Mil. Therefore, Nexg Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.80.

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

XKLS:5216' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.68   Max: 0.85
Current: 0.8

During the past 13 years, the highest Equity to Asset Ratio of Nexg Bhd was 0.85. The lowest was 0.54. And the median was 0.68.

XKLS:5216's Equity-to-Asset is ranked better than
84.41% of 2457 companies
in the Hardware industry
Industry Median: 0.57 vs XKLS:5216: 0.80

Nexg Bhd Equity-to-Asset Historical Data

The historical data trend for Nexg 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.

Nexg Bhd Equity-to-Asset Chart

Nexg Bhd Annual Data
Trend Dec13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.71 0.85 0.77 0.78

Nexg 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 0.76 0.78 0.80 0.79 0.80

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

For the Computer Hardware subindustry, Nexg 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.


Nexg Bhd's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nexg Bhd's Equity-to-Asset distribution charts can be found below:

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


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Nexg 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.

Nexg 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
=367.041/468.28
=0.78

Nexg 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
=380.281/476.734
=0.80

* 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.


Nexg Bhd  (XKLS:5216) 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%.


Nexg Bhd Equity-to-Asset Related Terms

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


Nexg Bhd Business Description

Traded in Other Exchanges
N/A
Address
Bangunan Setia 1, Level 6, No. 15, Damansara Heights, Lorong Dungun, Kuala Lumpur, MYS, 50490
Nexg Bhd formerly Datasonic Group Bhd functions in the computer technology field. The company's segments include Customised smart card solutions (CSCS), Manufacturing (MA), and Investment Holding (IH). The CSCS segment is engaged in the provision of large-scale customized software and hardware systems for secure identification (ID), total smart card solutions, and information and communications technology (ICT) project management. The MA segment is engaged in the manufacturing of cards and booklets. The IH segment is engaged in investment holding and the provision of management services to the group of companies. The company derives maximum revenue from the CSCS segment.

Nexg Bhd Headlines

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