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Grand Central Enterprises Bhd (XKLS:5592) Equity-to-Asset : 0.95 (As of Jun. 2024)


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What is Grand Central Enterprises Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grand Central Enterprises Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2024 was RM170.68 Mil. Grand Central Enterprises Bhd's Total Assets for the quarter that ended in Jun. 2024 was RM180.51 Mil. Therefore, Grand Central Enterprises Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.95.

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

XKLS:5592' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.89   Med: 0.91   Max: 0.95
Current: 0.95

During the past 13 years, the highest Equity to Asset Ratio of Grand Central Enterprises Bhd was 0.95. The lowest was 0.89. And the median was 0.91.

XKLS:5592's Equity-to-Asset is ranked better than
97.86% of 842 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs XKLS:5592: 0.95

Grand Central Enterprises Bhd Equity-to-Asset Historical Data

The historical data trend for Grand Central Enterprises 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.

Grand Central Enterprises Bhd Equity-to-Asset Chart

Grand Central Enterprises Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.92 0.93 0.93 0.93

Grand Central Enterprises Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.93 0.92 0.93 0.93 0.95

Competitive Comparison of Grand Central Enterprises Bhd's Equity-to-Asset

For the Lodging subindustry, Grand Central Enterprises 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.


Grand Central Enterprises Bhd's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grand Central Enterprises Bhd's Equity-to-Asset distribution charts can be found below:

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



Grand Central Enterprises 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.

Grand Central Enterprises 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
=191.718/205.818
=0.93

Grand Central Enterprises Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=170.679/180.514
=0.95

* 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.


Grand Central Enterprises Bhd  (XKLS:5592) 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%.


Grand Central Enterprises Bhd Equity-to-Asset Related Terms

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


Grand Central Enterprises Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Belia / Jalan Raja Laut, 10th Floor, Hotel Grand Continental, Kuala Lumpur, SGR, MYS, 50350
Grand Central Enterprises Bhd is engaged in all aspects of the hotel business, service apartments, provision of limousine services and hotel management. The Group currently owns and manages five hotels under the Hotel Grand Continental brand, and manages Hotel Grand Crystal which is owned by an affiliated company, Hotel Grand Central Limited, Singapore. The Group's business are operated entirely within Malaysia.

Grand Central Enterprises Bhd Headlines

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