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LPI Capital Bhd (XKLS:8621) Equity-to-Asset : 0.50 (As of Dec. 2023)


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What is LPI Capital Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LPI Capital Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM2,284 Mil. LPI Capital Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM4,569 Mil. Therefore, LPI Capital Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

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

XKLS:8621' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.49   Max: 0.51
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of LPI Capital Bhd was 0.51. The lowest was 0.44. And the median was 0.49.

XKLS:8621's Equity-to-Asset is ranked better than
86.38% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs XKLS:8621: 0.50

LPI Capital Bhd Equity-to-Asset Historical Data

The historical data trend for LPI Capital 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.

LPI Capital Bhd Equity-to-Asset Chart

LPI Capital 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 0.49 0.46 0.44 0.46 0.50

LPI Capital 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 0.46 0.45 0.46 0.47 0.50

Competitive Comparison of LPI Capital Bhd's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, LPI Capital 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.


LPI Capital Bhd's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, LPI Capital Bhd's Equity-to-Asset distribution charts can be found below:

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



LPI Capital 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.

LPI Capital 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
=2283.514/4569.018
=0.50

LPI Capital 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
=2283.514/4569.018
=0.50

* 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.


LPI Capital Bhd  (XKLS:8621) 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%.


LPI Capital Bhd Equity-to-Asset Related Terms

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


LPI Capital Bhd (XKLS:8621) Business Description

Traded in Other Exchanges
N/A
Address
6, Jalan Sultan Sulaiman, 6th Floor, Bangunan Public Bank, Kuala Lumpur, SGR, MYS, 50000
LPI Capital Bhd is a diversified insurance company that provides comprehensive insurance solutions to customers ranging from individual policies to the underwriting of large-scale industrial projects. The company's insurance solutions offering includes; Employee Benefits, Health, Liability, Motor, Marine, Pecuniary, Personal Accident, Project, Property, and Trade Credit. It has two operating business segments: The general insurance segment includes Underwriting of all classes of general insurance business, and The investment holding segment includes Investment holding operations. The company derives a majority of its revenue from the General insurance segment.

LPI Capital Bhd (XKLS:8621) Headlines

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