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Hock Lok Siew Bhd (XKLS:7098) Equity-to-Asset : -0.70 (As of Sep. 2012)


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What is Hock Lok Siew Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hock Lok Siew Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2012 was RM-12.33 Mil. Hock Lok Siew Bhd's Total Assets for the quarter that ended in Sep. 2012 was RM17.71 Mil. Therefore, Hock Lok Siew Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2012 was -0.70.

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

XKLS:7098's Equity-to-Asset is not ranked *
in the Hardware industry.
Industry Median: 0.57
* Ranked among companies with meaningful Equity-to-Asset only.

Hock Lok Siew Bhd Equity-to-Asset Historical Data

The historical data trend for Hock Lok Siew 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.

Hock Lok Siew Bhd Equity-to-Asset Chart

Hock Lok Siew Bhd Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Equity-to-Asset
Get a 7-Day Free Trial -0.01 0.73 0.54 0.46 -0.39

Hock Lok Siew Bhd Quarterly Data
Dec11 Mar12 Jun12 Sep12
Equity-to-Asset -0.39 -0.76 -0.75 -0.70

Competitive Comparison of Hock Lok Siew Bhd's Equity-to-Asset

For the Consumer Electronics subindustry, Hock Lok Siew 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.


Hock Lok Siew Bhd's Equity-to-Asset Distribution in the Hardware Industry

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

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



Hock Lok Siew 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.

Hock Lok Siew Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

Equity to Asset (A: Dec. 2011 )=Total Stockholders Equity/Total Assets
=-8.118/20.92
=-0.39

Hock Lok Siew Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2012 is calculated as

Equity to Asset (Q: Sep. 2012 )=Total Stockholders Equity/Total Assets
=-12.329/17.711
=-0.70

* 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.


Hock Lok Siew Bhd  (XKLS:7098) 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%.


Hock Lok Siew Bhd Equity-to-Asset Related Terms

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Hock Lok Siew Bhd (XKLS:7098) Business Description

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