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Central Global Bhd (XKLS:8052) Equity-to-Asset : 0.36 (As of Dec. 2023)


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What is Central Global Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Central Global Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM85.9 Mil. Central Global Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM237.1 Mil. Therefore, Central Global Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.36.

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

XKLS:8052' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.58   Max: 0.93
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Central Global Bhd was 0.93. The lowest was 0.36. And the median was 0.58.

XKLS:8052's Equity-to-Asset is ranked worse than
83.51% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs XKLS:8052: 0.36

Central Global Bhd Equity-to-Asset Historical Data

The historical data trend for Central Global 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.

Central Global Bhd Equity-to-Asset Chart

Central Global 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 0.56 0.52 0.47 0.49 0.36

Central Global 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 0.49 0.50 0.45 0.42 0.36

Competitive Comparison of Central Global Bhd's Equity-to-Asset

For the Specialty Chemicals subindustry, Central Global 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.


Central Global Bhd's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Central Global Bhd's Equity-to-Asset distribution charts can be found below:

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



Central Global 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.

Central Global 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
=85.931/237.127
=0.36

Central Global 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
=85.931/237.127
=0.36

* 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.


Central Global Bhd  (XKLS:8052) 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%.


Central Global Bhd Equity-to-Asset Related Terms

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


Central Global Bhd (XKLS:8052) Business Description

Traded in Other Exchanges
N/A
Address
Bandar Sri Permaisuri, Jalan 5/106, A5-06 Block A Plaza Dwi Tasik, Kuala Lumpur, MYS, 56000
Central Global Bhd is a manufacturer of industrial tapes and labels stock. These are provided for professional auto spray painting, packing, advertising applications, general labeling, and identification. The group's reportable segment comprises manufacturing and sale of self-adhesive label stocks and tapes, construction contracts, trading, and others. The label products of the company are a mirrokote paper label, art paper label, printing paper label, polyester label, static vinyl label and others. The adhesive tape products include masking tape, painter tape, foam tape, tissue tape, polyester tape, acrylic tape, cloth tape, and others.

Central Global Bhd (XKLS:8052) Headlines

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