GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wellcall Holdings Bhd (XKLS:7231) » Definitions » Equity-to-Asset

Wellcall Holdings Bhd (XKLS:7231) Equity-to-Asset : 0.83 (As of Dec. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Wellcall Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wellcall Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM145.4 Mil. Wellcall Holdings Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM174.7 Mil. Therefore, Wellcall Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.83.

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

XKLS:7231' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.82   Max: 0.87
Current: 0.83

During the past 13 years, the highest Equity to Asset Ratio of Wellcall Holdings Bhd was 0.87. The lowest was 0.70. And the median was 0.82.

XKLS:7231's Equity-to-Asset is ranked better than
93.79% of 1321 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs XKLS:7231: 0.83

Wellcall Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Wellcall Holdings 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.

Wellcall Holdings Bhd Equity-to-Asset Chart

Wellcall Holdings Bhd Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.82 0.78 0.80 0.82

Wellcall Holdings 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 0.82 0.85 0.86 0.82 0.83

Competitive Comparison of Wellcall Holdings Bhd's Equity-to-Asset

For the Auto Parts subindustry, Wellcall Holdings 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.


Wellcall Holdings Bhd's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wellcall Holdings Bhd's Equity-to-Asset distribution charts can be found below:

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


;
;

Wellcall Holdings 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.

Wellcall Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Equity to Asset (A: Sep. 2024 )=Total Stockholders Equity/Total Assets
=143.105/174.932
=0.82

Wellcall Holdings 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
=145.437/174.678
=0.83

* 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.


Wellcall Holdings Bhd  (XKLS:7231) 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%.


Wellcall Holdings Bhd Equity-to-Asset Related Terms

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


Wellcall Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Kawasan Perindustrian Pengkalan II, Plot 48, Jalan Johan 2/5, Fasa II, Pusing, PRK, MYS, 31550
Wellcall Holdings Bhd is an investment holding company through its subsidiary principally manufactures industrial rubber hoses for customers in the business of distributing rubber hoses to equipment manufacturers. The group's business segment comprises the manufacture and sale of rubber hoses and related products. The group's product ranges to various application markets like air and water, oil and gas, welding, automotive, shipbuilding, abrasion, and chemical applications. The manufacturing and investment holding segments are operated in Malaysia and distribute their products globally. Its geographical segments are Malaysia, the Middle East, Europe, the USA/Canada, Australia/New Zealand, Asia, South America, and Africa. The company generates the majority of its revenue from export sales.

Wellcall Holdings Bhd Headlines

No Headlines