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Axteria Group Bhd (XKLS:7120) Equity-to-Asset : 0.79 (As of Mar. 2024)


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What is Axteria Group Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Axteria Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM148.20 Mil. Axteria Group Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM187.35 Mil. Therefore, Axteria Group Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.79.

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

XKLS:7120' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.75   Max: 0.84
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Axteria Group Bhd was 0.84. The lowest was 0.59. And the median was 0.75.

XKLS:7120's Equity-to-Asset is ranked better than
86.46% of 1824 companies
in the Real Estate industry
Industry Median: 0.44 vs XKLS:7120: 0.79

Axteria Group Bhd Equity-to-Asset Historical Data

The historical data trend for Axteria Group 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.

Axteria Group Bhd Equity-to-Asset Chart

Axteria Group 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 0.77 0.61 0.77 0.65 0.75

Axteria Group Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.78 0.76 0.79 0.75 0.79

Competitive Comparison of Axteria Group Bhd's Equity-to-Asset

For the Real Estate - Development subindustry, Axteria Group 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.


Axteria Group Bhd's Equity-to-Asset Distribution in the Real Estate Industry

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

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



Axteria Group 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.

Axteria Group 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
=148.025/197.427
=0.75

Axteria Group Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=148.202/187.348
=0.79

* 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.


Axteria Group Bhd  (XKLS:7120) 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%.


Axteria Group Bhd Equity-to-Asset Related Terms

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


Axteria Group Bhd (XKLS:7120) Business Description

Traded in Other Exchanges
N/A
Address
No.56, Jalan Setia Tropika 1/14, Suite 02-01, Level 2, Wisma Teras Eco, Taman Setia Tropika, Johor Bahru, JHR, MYS, 81200
Axteria Group Bhd, formerly Acoustech Bhd is an investment holding company engaged in the property development and construction business. It operates through three divisions. The Property Development and Construction Division, which derives the majority of revenue, involves developing properties, securing, and carrying out construction contracts. The Investment Holding division involves activities where investments contribute to dividend income and interest income as well as sharing of results of the investee companies and Trading division involves wholesale of construction materials to third party customers. It only operates in Malaysia.

Axteria Group Bhd (XKLS:7120) Headlines

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