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JKG Land Bhd (XKLS:6769) Equity-to-Asset : 0.67 (As of Jul. 2024)


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What is JKG Land Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JKG Land Bhd's Total Stockholders Equity for the quarter that ended in Jul. 2024 was RM596.2 Mil. JKG Land Bhd's Total Assets for the quarter that ended in Jul. 2024 was RM884.9 Mil. Therefore, JKG Land Bhd's Equity to Asset Ratio for the quarter that ended in Jul. 2024 was 0.67.

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

XKLS:6769' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.68   Max: 0.95
Current: 0.67

During the past 13 years, the highest Equity to Asset Ratio of JKG Land Bhd was 0.95. The lowest was 0.61. And the median was 0.68.

XKLS:6769's Equity-to-Asset is ranked better than
77.43% of 1821 companies
in the Real Estate industry
Industry Median: 0.45 vs XKLS:6769: 0.67

JKG Land Bhd Equity-to-Asset Historical Data

The historical data trend for JKG Land 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.

JKG Land Bhd Equity-to-Asset Chart

JKG Land Bhd Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.66 0.63 0.69 0.67

JKG Land Bhd Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.68 0.68 0.67 0.68 0.67

Competitive Comparison of JKG Land Bhd's Equity-to-Asset

For the Real Estate - Development subindustry, JKG Land 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.


JKG Land Bhd's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, JKG Land Bhd's Equity-to-Asset distribution charts can be found below:

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



JKG Land 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.

JKG Land Bhd's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=569.876/845.061
=0.67

JKG Land Bhd's Equity to Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

Equity to Asset (Q: Jul. 2024 )=Total Stockholders Equity/Total Assets
=596.202/884.896
=0.67

* 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.


JKG Land Bhd  (XKLS:6769) 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%.


JKG Land Bhd Equity-to-Asset Related Terms

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


JKG Land Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 282, Jalan Raja Laut, 29th Floor, Menara JKG, Kuala Lumpur, SGR, MYS, 50350
JKG Land Bhd is a Malaysia-based company engaged in the real estate business. The business activity of the group is operated through property development; cultivation of oil palm; and Other segments. Its property development segment is engaged in the development of residential and commercial properties. The cultivation of the oil palm segment is engaged in the cultivation and sale of oil palm fruits. Other segments comprise operations related to investment holding and others. It derives maximum revenue from the property development segment. Geographically, it operates only in Malaysia.

JKG Land Bhd Headlines

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