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Tomypak Holdings Bhd (XKLS:7285) Equity-to-Asset : 0.35 (As of Mar. 2024)


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What is Tomypak Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tomypak Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM118.7 Mil. Tomypak Holdings Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM335.2 Mil. Therefore, Tomypak Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

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

XKLS:7285' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.66   Max: 0.8
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Tomypak Holdings Bhd was 0.80. The lowest was 0.35. And the median was 0.66.

XKLS:7285's Equity-to-Asset is ranked worse than
83.67% of 392 companies
in the Packaging & Containers industry
Industry Median: 0.56 vs XKLS:7285: 0.35

Tomypak Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Tomypak 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.

Tomypak Holdings Bhd Equity-to-Asset Chart

Tomypak Holdings Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.66 0.66 0.71 0.78

Tomypak Holdings Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 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 0.60 0.78 0.78 0.37 0.35

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

For the Packaging & Containers subindustry, Tomypak 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.


Tomypak Holdings Bhd's Equity-to-Asset Distribution in the Packaging & Containers Industry

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

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



Tomypak 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.

Tomypak Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=168.295/217.284
=0.77

Tomypak Holdings 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
=118.675/335.207
=0.35

* 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.


Tomypak Holdings Bhd  (XKLS:7285) 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%.


Tomypak Holdings Bhd Equity-to-Asset Related Terms

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


Tomypak Holdings Bhd (XKLS:7285) Business Description

Traded in Other Exchanges
N/A
Address
No.11, Jalan Tahana, Kawasan Perindustrian Tampoi, Johor Bahru, JHR, MYS, 80350
Tomypak Holdings Bhd is a manufacturer and seller of flexible packaging materials, polyethylene, polypropylene films and sheets. The group's operation is divided into local and export market. The local market relates to sales to customers within Malaysia. The export market relates to sales to overseas customers with South East Asia being the principal market segment. Its product includes Premium packaging, used for packaging powdered beverage, High barrier metalized packaging for packaging seasoning and powdered beverage, Hot fill packaging, for packaging mayonnaise and sauces, General packaging, used for packaging confectionery, instant noodles and snacks, and Specialty used for packaging pet food and detergent.

Tomypak Holdings Bhd (XKLS:7285) Headlines

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