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Lysaght Galvanized Steel Bhd (XKLS:9199) Equity-to-Asset : 0.95 (As of Sep. 2024)


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What is Lysaght Galvanized Steel Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lysaght Galvanized Steel Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2024 was RM181.31 Mil. Lysaght Galvanized Steel Bhd's Total Assets for the quarter that ended in Sep. 2024 was RM191.81 Mil. Therefore, Lysaght Galvanized Steel Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.95.

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

XKLS:9199' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.91   Med: 0.95   Max: 0.97
Current: 0.95

During the past 13 years, the highest Equity to Asset Ratio of Lysaght Galvanized Steel Bhd was 0.97. The lowest was 0.91. And the median was 0.95.

XKLS:9199's Equity-to-Asset is ranked better than
97.21% of 645 companies
in the Steel industry
Industry Median: 0.54 vs XKLS:9199: 0.95

Lysaght Galvanized Steel Bhd Equity-to-Asset Historical Data

The historical data trend for Lysaght Galvanized Steel 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.

Lysaght Galvanized Steel Bhd Equity-to-Asset Chart

Lysaght Galvanized Steel 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 0.95 0.96 0.95 0.96 0.96

Lysaght Galvanized Steel Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.95 0.96 0.95 0.96 0.95

Competitive Comparison of Lysaght Galvanized Steel Bhd's Equity-to-Asset

For the Steel subindustry, Lysaght Galvanized Steel 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.


Lysaght Galvanized Steel Bhd's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lysaght Galvanized Steel Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lysaght Galvanized Steel Bhd's Equity-to-Asset falls into.



Lysaght Galvanized Steel 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.

Lysaght Galvanized Steel 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
=179.543/187.329
=0.96

Lysaght Galvanized Steel Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=181.308/191.809
=0.95

* 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.


Lysaght Galvanized Steel Bhd  (XKLS:9199) 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%.


Lysaght Galvanized Steel Bhd Equity-to-Asset Related Terms

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Lysaght Galvanized Steel Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Jalan Majistret U1/26, Seksyen U1, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Lysaght Galvanized Steel Bhd is engaged in the manufacturing of galvanized steel products. It is also involved in the trade of galvanized masts, poles, galvanized lighting columns and high masts, gantries, transmission and telecommunication towers, power poles and general lattice structures, and other related products. It operates through following geographical segments namely Malaysia, Singapore, New Zealand, United Arab Emirates, and Others. The group's revenue mainly consists of sales of galvanized steel products.

Lysaght Galvanized Steel Bhd Headlines

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