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Spritzer Bhd (XKLS:7103) Equity-to-Asset : 0.77 (As of Dec. 2023)


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What is Spritzer Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Spritzer Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM527.0 Mil. Spritzer Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM687.9 Mil. Therefore, Spritzer Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.77.

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

XKLS:7103' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.82   Max: 0.86
Current: 0.77

During the past 13 years, the highest Equity to Asset Ratio of Spritzer Bhd was 0.86. The lowest was 0.61. And the median was 0.82.

XKLS:7103's Equity-to-Asset is ranked better than
81.65% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.57 vs XKLS:7103: 0.77

Spritzer Bhd Equity-to-Asset Historical Data

The historical data trend for Spritzer 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.

Spritzer Bhd Equity-to-Asset Chart

Spritzer Bhd Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.86 0.83 0.82 0.77

Spritzer Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.82 0.83 0.79 0.78 0.77

Competitive Comparison of Spritzer Bhd's Equity-to-Asset

For the Beverages - Non-Alcoholic subindustry, Spritzer 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.


Spritzer Bhd's Equity-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Spritzer Bhd's Equity-to-Asset distribution charts can be found below:

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



Spritzer 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.

Spritzer 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
=527.031/687.91
=0.77

Spritzer Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=527.031/687.91
=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.


Spritzer Bhd  (XKLS:7103) 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%.


Spritzer Bhd Equity-to-Asset Related Terms

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


Spritzer Bhd (XKLS:7103) Business Description

Traded in Other Exchanges
N/A
Address
Lot 898, Jalan Reservoir, Off Jalan Air Kuning, Taiping, PRK, MYS, 34000
Spritzer Bhd is engaged in the manufacturing and selling of a range of bottled water products. The company operates through three segments. Its Manufacturing segment is a key revenue driver, involved in the manufacture of natural mineral water, carbonated flavored water, distilled water, drinking water, non-carbonated flavored water, polyethylene terephthalate preforms and bottles, caps, and toothbrushes. The Trading segment is into the trading of bottled water and other consumer products. Its Other segment comprises of the recreational park, investment, and properties holding. Its products include Spritzer natural mineral water, Spritzer dispenser series, Spritzer love limited edition, Spritzer tinge, and Spritzer pop.

Spritzer Bhd (XKLS:7103) Headlines

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