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Prestar Resources Bhd (XKLS:9873) Equity-to-Asset : 0.79 (As of Dec. 2024)


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What is Prestar Resources Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Prestar Resources Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM441.1 Mil. Prestar Resources Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM562.2 Mil. Therefore, Prestar Resources Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.79.

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

XKLS:9873' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.54   Max: 0.79
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Prestar Resources Bhd was 0.79. The lowest was 0.37. And the median was 0.54.

XKLS:9873's Equity-to-Asset is ranked better than
84.16% of 644 companies
in the Steel industry
Industry Median: 0.54 vs XKLS:9873: 0.79

Prestar Resources Bhd Equity-to-Asset Historical Data

The historical data trend for Prestar Resources 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.

Prestar Resources Bhd Equity-to-Asset Chart

Prestar Resources Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.53 0.64 0.75 0.79

Prestar Resources Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.75 0.75 0.75 0.78 0.79

Competitive Comparison of Prestar Resources Bhd's Equity-to-Asset

For the Steel subindustry, Prestar Resources 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.


Prestar Resources Bhd's Equity-to-Asset Distribution in the Steel Industry

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

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



Prestar Resources 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.

Prestar Resources Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=441.079/562.193
=0.78

Prestar Resources Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=441.079/562.193
=0.78

* 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.


Prestar Resources Bhd  (XKLS:9873) 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%.


Prestar Resources Bhd Equity-to-Asset Related Terms

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


Prestar Resources Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 1298 Rawang Industrial Estate, 16.5 Miles, Jalan Ipoh, Rawang, SGR, MYS, 48000
Prestar Resources Bhd is engaged in the manufacturing of steel-related products. The firm has three reportable segments mainly: Investment, Trading, and Manufacturing. The Manufacturing segment derives the majority of revenue. It focuses on the manufacturing of steel-related products. The investment includes long-term investment in quoted shares and property investment.

Prestar Resources Bhd Headlines

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