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Tien Wah Press Holdings Bhd (XKLS:7374) Equity-to-Asset : 0.60 (As of Mar. 2024)


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What is Tien Wah Press Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tien Wah Press Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM284.2 Mil. Tien Wah Press Holdings Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM477.0 Mil. Therefore, Tien Wah Press Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.60.

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

XKLS:7374' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.56   Max: 0.65
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Tien Wah Press Holdings Bhd was 0.65. The lowest was 0.48. And the median was 0.56.

XKLS:7374's Equity-to-Asset is ranked better than
63.53% of 1094 companies
in the Business Services industry
Industry Median: 0.5 vs XKLS:7374: 0.60

Tien Wah Press Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Tien Wah Press 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.

Tien Wah Press Holdings Bhd Equity-to-Asset Chart

Tien Wah Press Holdings 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 0.50 0.58 0.60 0.62 0.59

Tien Wah Press Holdings 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 0.61 0.59 0.59 0.59 0.60

Competitive Comparison of Tien Wah Press Holdings Bhd's Equity-to-Asset

For the Specialty Business Services subindustry, Tien Wah Press 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.


Tien Wah Press Holdings Bhd's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tien Wah Press Holdings Bhd's Equity-to-Asset distribution charts can be found below:

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



Tien Wah Press 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.

Tien Wah Press Holdings 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
=278.292/471.896
=0.59

Tien Wah Press 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
=284.199/476.987
=0.60

* 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.


Tien Wah Press Holdings Bhd  (XKLS:7374) 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%.


Tien Wah Press Holdings Bhd Equity-to-Asset Related Terms

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Tien Wah Press Holdings Bhd (XKLS:7374) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jalan Prof. Khoo Kay Kim, Lot 03-8, 8th Floor, Menara Symphony, Seksyen 13, Petaling Jaya, SGR, MYS, 46200
Tien Wah Press Holdings Bhd is a print packaging company. It offers a packaging solution and produces mainly gravure and offset printed materials for tobacco packaging including cigarette packs, fast-moving consumer product packaging, and labels. Products of the group include flat unglued blanks, crash bottom or auto-lock cartons, labeled cartons, cartons with peelable labels/stickers, clamshells, and trays, UV coated cartons, glued skillet cartons, multiwall cartons comprising inner frames, cartons with CD inserts and barrier coated carton for grease and moisture resistance. The operating segment of the company is Printing and Trading and is managed on a worldwide basis and manufacturing facilities and sales offices are in Malaysia, Vietnam, Australia, United Arab Emirates, and Hong Kong.

Tien Wah Press Holdings Bhd (XKLS:7374) Headlines

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