GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PLS Plantations Bhd (XKLS:9695) » Definitions » Equity-to-Asset

PLS Plantations Bhd (XKLS:9695) Equity-to-Asset : 0.54 (As of Dec. 2023)


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

What is PLS Plantations Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PLS Plantations Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM281.7 Mil. PLS Plantations Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM525.0 Mil. Therefore, PLS Plantations Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.54.

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

XKLS:9695' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.48   Max: 0.55
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of PLS Plantations Bhd was 0.55. The lowest was 0.42. And the median was 0.48.

XKLS:9695's Equity-to-Asset is ranked better than
51.49% of 1919 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs XKLS:9695: 0.54

PLS Plantations Bhd Equity-to-Asset Historical Data

The historical data trend for PLS Plantations 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.

PLS Plantations Bhd Equity-to-Asset Chart

PLS Plantations Bhd Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.46 0.44 0.53 0.54

PLS Plantations Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 0.53 0.55 0.54 0.54 0.54

Competitive Comparison of PLS Plantations Bhd's Equity-to-Asset

For the Farm Products subindustry, PLS Plantations 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.


PLS Plantations Bhd's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PLS Plantations Bhd's Equity-to-Asset distribution charts can be found below:

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



PLS Plantations 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.

PLS Plantations Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=281.728/520.363
=0.54

PLS Plantations 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
=281.685/524.96
=0.54

* 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.


PLS Plantations Bhd  (XKLS:9695) 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%.


PLS Plantations Bhd Equity-to-Asset Related Terms

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


PLS Plantations Bhd (XKLS:9695) Business Description

Traded in Other Exchanges
N/A
Address
Menara TSR, No. 12, Jalan PJU 7/3, Unit No. 9-01, Level 9, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47810
PLS Plantations Bhd is an investment holding company. The company's operating segment includes Construction; Plantation; Investment holding, Trading and Others. It generates maximum revenue from the Plantation segment. Plantation segment is engaged in the management and operation of forest plantation, logging, saw milling, chipping and other downstream manufacturing and related activities as well as operation of oil palm plantation. Geographically, it operates only in Malaysia.

PLS Plantations Bhd (XKLS:9695) Headlines

No Headlines