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Tomei Consolidated Bhd (XKLS:7230) Equity-to-Asset : 0.51 (As of Dec. 2024)


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What is Tomei Consolidated Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tomei Consolidated Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM429 Mil. Tomei Consolidated Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM842 Mil. Therefore, Tomei Consolidated Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.51.

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

XKLS:7230' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.5   Max: 0.53
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Tomei Consolidated Bhd was 0.53. The lowest was 0.46. And the median was 0.50.

XKLS:7230's Equity-to-Asset is ranked better than
60.27% of 1125 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs XKLS:7230: 0.51

Tomei Consolidated Bhd Equity-to-Asset Historical Data

The historical data trend for Tomei Consolidated 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.

Tomei Consolidated Bhd Equity-to-Asset Chart

Tomei Consolidated Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.53 0.51 0.51 0.51

Tomei Consolidated Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.51 0.52 0.54 0.56 0.51

Competitive Comparison of Tomei Consolidated Bhd's Equity-to-Asset

For the Luxury Goods subindustry, Tomei Consolidated 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.


Tomei Consolidated Bhd's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tomei Consolidated Bhd's Equity-to-Asset distribution charts can be found below:

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


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Tomei Consolidated 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.

Tomei Consolidated Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=428.867/842.018
=0.51

Tomei Consolidated Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=428.867/842.018
=0.51

* 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.


Tomei Consolidated Bhd  (XKLS:7230) 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%.


Tomei Consolidated Bhd Equity-to-Asset Related Terms

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


Tomei Consolidated Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan 2/131A, Jalan Kelang Lama, 8-1, Batu 6, Project Jaya Industrial Estate, Kuala Lumpur, MYS, 58200
Tomei Consolidated Bhd is an integrated jewellery manufacturer and retailer of gold and jewellery. The company operates its business through two segments: Manufacturing and Wholesale; and Retail segment. Its wholesale segment serves various jewellery retailers in Malaysia and some of its products are exported to Singapore, Vietnam, Thailand, Indonesia, and European countries. The company operates some retail outlets under the brands - Tomei, Goldheart, Le Lumiere and De Beers. Its retail segment contributes to the vast majority of total revenue.

Tomei Consolidated Bhd Headlines

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