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Itmax System Bhd (XKLS:5309) Equity-to-Asset : 0.77 (As of Mar. 2024)


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What is Itmax System Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Itmax System Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM350.5 Mil. Itmax System Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM454.7 Mil. Therefore, Itmax System Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.77.

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

XKLS:5309' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.73   Max: 0.79
Current: 0.77

During the past 5 years, the highest Equity to Asset Ratio of Itmax System Bhd was 0.79. The lowest was 0.25. And the median was 0.73.

XKLS:5309's Equity-to-Asset is ranked better than
84.66% of 1095 companies
in the Business Services industry
Industry Median: 0.5 vs XKLS:5309: 0.77

Itmax System Bhd Equity-to-Asset Historical Data

The historical data trend for Itmax System 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.

Itmax System Bhd Equity-to-Asset Chart

Itmax System Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.25 0.28 0.33 0.73 0.79

Itmax System Bhd Quarterly Data
Dec19 Dec20 Jun21 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 0.74 0.76 0.77 0.79 0.77

Competitive Comparison of Itmax System Bhd's Equity-to-Asset

For the Security & Protection Services subindustry, Itmax System 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.


Itmax System Bhd's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Itmax System Bhd's Equity-to-Asset distribution charts can be found below:

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



Itmax System 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.

Itmax System 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
=343.826/437.991
=0.79

Itmax System 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
=350.519/454.71
=0.77

* 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.


Itmax System Bhd  (XKLS:5309) 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%.


Itmax System Bhd Equity-to-Asset Related Terms

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


Itmax System Bhd (XKLS:5309) Business Description

Traded in Other Exchanges
N/A
Address
No. 30-G & 30-3, Jalan Radin Bagus 3, Seri Petaling, Kuala Lumpur, MYS, 57000
Itmax System Bhd is principally involved in the business of supply and installation and provision of public space networked systems.

Itmax System Bhd (XKLS:5309) Headlines

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