GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rohas Tecnic Bhd (XKLS:9741) » Definitions » Equity-to-Asset

Rohas Tecnic Bhd (XKLS:9741) Equity-to-Asset : 0.49 (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Rohas Tecnic Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rohas Tecnic Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM327.1 Mil. Rohas Tecnic Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM661.9 Mil. Therefore, Rohas Tecnic Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.49.

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

XKLS:9741' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.56   Max: 1
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of Rohas Tecnic Bhd was 1.00. The lowest was 0.45. And the median was 0.56.

XKLS:9741's Equity-to-Asset is ranked better than
57.2% of 1694 companies
in the Construction industry
Industry Median: 0.45 vs XKLS:9741: 0.49

Rohas Tecnic Bhd Equity-to-Asset Historical Data

The historical data trend for Rohas Tecnic 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.

Rohas Tecnic Bhd Equity-to-Asset Chart

Rohas Tecnic 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 0.56 0.61 0.50 0.49

Rohas Tecnic 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 0.51 0.48 0.47 0.49 0.49

Competitive Comparison of Rohas Tecnic Bhd's Equity-to-Asset

For the Engineering & Construction subindustry, Rohas Tecnic 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.


Rohas Tecnic Bhd's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rohas Tecnic Bhd's Equity-to-Asset distribution charts can be found below:

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



Rohas Tecnic 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.

Rohas Tecnic 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
=328.038/674.982
=0.49

Rohas Tecnic 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
=327.108/661.883
=0.49

* 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.


Rohas Tecnic Bhd  (XKLS:9741) 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%.


Rohas Tecnic Bhd Equity-to-Asset Related Terms

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


Rohas Tecnic Bhd (XKLS:9741) Business Description

Traded in Other Exchanges
N/A
Address
Rohas PureCircle, East Wing, No. 9, Jalan P. Ramlee, 15th Floor, Kuala Lumpur, MYS, 50250
Rohas Tecnic Bhd is an investment holding company. The company with its subsidiaries is principally involved in plastic molding design and fabrication, plastic injection and blow moulding, provision of secondary and assembly services for the manufacturing of plastic products. The operating segments of the company are the fabrication of towers which include manufacturing, designing, fabrication, and erection of power transmission towers and fabrication of electrical substation structures and Engineering, procurement, construction, and commissioning, and others.

Rohas Tecnic Bhd (XKLS:9741) Headlines

No Headlines