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Watta Holding Bhd (XKLS:7226) Equity-to-Asset : 0.82 (As of Dec. 2023)


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What is Watta Holding Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Watta Holding Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM52.42 Mil. Watta Holding Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM64.12 Mil. Therefore, Watta Holding Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.82.

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

XKLS:7226' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.79   Med: 0.82   Max: 0.84
Current: 0.82

During the past 13 years, the highest Equity to Asset Ratio of Watta Holding Bhd was 0.84. The lowest was 0.79. And the median was 0.82.

XKLS:7226's Equity-to-Asset is ranked better than
87.78% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs XKLS:7226: 0.82

Watta Holding Bhd Equity-to-Asset Historical Data

The historical data trend for Watta Holding 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.

Watta Holding Bhd Equity-to-Asset Chart

Watta Holding Bhd Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.83 0.83 0.82 0.82

Watta Holding 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 0.82 0.82 0.82 0.82

Competitive Comparison of Watta Holding Bhd's Equity-to-Asset

For the Communication Equipment subindustry, Watta Holding 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.


Watta Holding Bhd's Equity-to-Asset Distribution in the Hardware Industry

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

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



Watta Holding 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.

Watta Holding 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
=52.42/64.118
=0.82

Watta Holding 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
=52.42/64.118
=0.82

* 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.


Watta Holding Bhd  (XKLS:7226) 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%.


Watta Holding Bhd Equity-to-Asset Related Terms

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


Watta Holding Bhd (XKLS:7226) Business Description

Traded in Other Exchanges
N/A
Address
Plaza Berjaya, Jalan Imbi, 12th Floor, Menara Cosway, Wilayah Persekutuan, Kuala Lumpur, MYS, 55100
Watta Holding Bhd is a company whose principal activities consist of investment holding and the provision of management services. The Group is organized into business segments based on their products and services, and has two reportable operating segments: Services and Investment Holding and others. The service segment includes Servicing telecommunication equipment and related products. It operates in a single geographical segment, which is Malaysia.

Watta Holding Bhd (XKLS:7226) Headlines

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