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AEON Credit Service (M) Bhd (XKLS:5139) Liabilities-to-Assets : 0.79 (As of Feb. 2024)


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What is AEON Credit Service (M) 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. AEON Credit Service (M) Bhd's Total Liabilities for the quarter that ended in Feb. 2024 was RM9,983 Mil. AEON Credit Service (M) Bhd's Total Assets for the quarter that ended in Feb. 2024 was RM12,620 Mil. Therefore, AEON Credit Service (M) Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.79.


AEON Credit Service (M) Bhd Liabilities-to-Assets Historical Data

The historical data trend for AEON Credit Service (M) 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.

AEON Credit Service (M) Bhd Liabilities-to-Assets Chart

AEON Credit Service (M) Bhd Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.82 0.78 0.77 0.79

AEON Credit Service (M) Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.77 0.77 0.77 0.78 0.79

Competitive Comparison of AEON Credit Service (M) Bhd's Liabilities-to-Assets

For the Credit Services subindustry, AEON Credit Service (M) 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.


AEON Credit Service (M) Bhd's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, AEON Credit Service (M) Bhd's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where AEON Credit Service (M) Bhd's Liabilities-to-Assets falls into.



AEON Credit Service (M) 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.

AEON Credit Service (M) Bhd's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2024 is calculated as:

Liabilities-to-Assets (A: Feb. 2024 )=Total Liabilities/Total Assets
=9982.706/12620.337
=0.79

AEON Credit Service (M) Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=9982.706/12620.337
=0.79

* 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.


AEON Credit Service (M) Bhd  (XKLS:5139) 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.


AEON Credit Service (M) Bhd Liabilities-to-Assets Related Terms

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AEON Credit Service (M) Bhd (XKLS:5139) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan Kerinchi, Avenue 10, Level 18, UOA Corporate Tower, The Vertical, Bangsar South City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
AEON Credit Service (M) Bhd offers credit cards and other loans and financing options to consumers in Malaysia. The company earns more than 80% of its revenue from interest and financing charges on the loans it provides. Fees provide the remaining revenue. Vehicle financing, with a roughly even split between cars and motorcycles, accounts for more than half of the loans the company has outstanding. Remaining loans outstanding are in the personal financing, consumer durables financing, and credit card categories. Aeon Credit issues credit cards under the Visa and Mastercard brand names.

AEON Credit Service (M) Bhd (XKLS:5139) Headlines

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