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99 Speed Mart Retail Holdings Bhd (XKLS:5326) Equity-to-Asset : 0.44 (As of Dec. 2024)


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What is 99 Speed Mart Retail Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 99 Speed Mart Retail Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM1,579 Mil. 99 Speed Mart Retail Holdings Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM3,561 Mil. Therefore, 99 Speed Mart Retail Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.44.

The historical rank and industry rank for 99 Speed Mart Retail Holdings Bhd's Equity-to-Asset or its related term are showing as below:

XKLS:5326' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.29   Max: 0.44
Current: 0.44

During the past 4 years, the highest Equity to Asset Ratio of 99 Speed Mart Retail Holdings Bhd was 0.44. The lowest was 0.20. And the median was 0.29.

XKLS:5326's Equity-to-Asset is ranked better than
50.98% of 1124 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs XKLS:5326: 0.44

99 Speed Mart Retail Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for 99 Speed Mart Retail 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.

99 Speed Mart Retail Holdings Bhd Equity-to-Asset Chart

99 Speed Mart Retail Holdings Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
0.31 0.27 0.20 0.44

99 Speed Mart Retail Holdings Bhd Quarterly Data
Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Equity-to-Asset Get a 7-Day Free Trial - 0.20 0.37 0.41 0.44

Competitive Comparison of 99 Speed Mart Retail Holdings Bhd's Equity-to-Asset

For the Department Stores subindustry, 99 Speed Mart Retail 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.


99 Speed Mart Retail Holdings Bhd's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, 99 Speed Mart Retail Holdings Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where 99 Speed Mart Retail Holdings Bhd's Equity-to-Asset falls into.


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99 Speed Mart Retail 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.

99 Speed Mart Retail Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=1578.976/3561.15
=0.44

99 Speed Mart Retail Holdings 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
=1578.976/3561.15
=0.44

* 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.


99 Speed Mart Retail Holdings Bhd  (XKLS:5326) 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%.


99 Speed Mart Retail Holdings Bhd Equity-to-Asset Related Terms

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99 Speed Mart Retail Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Angsa Taman Berkeley, Lot PT 2811, Klang, SGR, MYS, 41150
Website
99 Speed Mart Retail Holdings Bhd is a leading groceries retailer in Malaysia. The company's outlets carry daily necessities comprising mainly FMCG such as food and beverages, personal and baby care products as well as household products.

99 Speed Mart Retail Holdings Bhd Headlines

No Headlines