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Straits Energy Resources Bhd (XKLS:0080) Liabilities-to-Assets : 0.68 (As of Mar. 2024)


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What is Straits Energy Resources Bhd Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Straits Energy Resources Bhd's Total Liabilities for the quarter that ended in Mar. 2024 was RM419 Mil. Straits Energy Resources Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM614 Mil. Therefore, Straits Energy Resources Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.68.


Straits Energy Resources Bhd Liabilities-to-Assets Historical Data

The historical data trend for Straits Energy Resources Bhd's Liabilities-to-Assets 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.

Straits Energy Resources Bhd Liabilities-to-Assets Chart

Straits Energy Resources Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.60 0.68 0.63 0.69

Straits Energy Resources Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.66 0.68 0.72 0.69 0.68

Competitive Comparison of Straits Energy Resources Bhd's Liabilities-to-Assets

For the Integrated Freight & Logistics subindustry, Straits Energy Resources Bhd's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Straits Energy Resources Bhd's Liabilities-to-Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Straits Energy Resources Bhd's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Straits Energy Resources Bhd's Liabilities-to-Assets falls into.



Straits Energy Resources Bhd Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Straits Energy Resources Bhd's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=416.211/608.044
=0.68

Straits Energy Resources Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=418.768/614.38
=0.68

* 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.


Straits Energy Resources Bhd  (XKLS:0080) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Straits Energy Resources Bhd Liabilities-to-Assets Related Terms

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Straits Energy Resources Bhd (XKLS:0080) Business Description

Traded in Other Exchanges
N/A
Address
2, Jalan Kiara, Mont Kiara, B-07-06, Plaza Mont Kiara, Kuala Lumpur, SGR, MYS, 50480
Straits Energy Resources Bhd is a Malaysia-based investment holding company engaged in oil trading and bunkering. Along with its subsidiaries, the entity is involved in the segments of Investment holding; Oil trading and bunkering services; Ship management services; Chartering services, Inland transportation services; Port operation and facility management services; and Others. It derives prime revenue from the Oil trading, bunkering services, and freshwater service segment which involves the international supply of petroleum products and the provision of marine bunkering and related services to vessels. Its geographic operations are located in Malaysia and Singapore.

Straits Energy Resources Bhd (XKLS:0080) Headlines

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