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Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Liabilities-to-Assets : 0.88 (As of Dec. 2023)


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What is Syarikat Takaful Malaysia Keluarga 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. Syarikat Takaful Malaysia Keluarga Bhd's Total Liabilities for the quarter that ended in Dec. 2023 was RM12,962 Mil. Syarikat Takaful Malaysia Keluarga Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM14,676 Mil. Therefore, Syarikat Takaful Malaysia Keluarga Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.88.


Syarikat Takaful Malaysia Keluarga Bhd Liabilities-to-Assets Historical Data

The historical data trend for Syarikat Takaful Malaysia Keluarga 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.

Syarikat Takaful Malaysia Keluarga Bhd Liabilities-to-Assets Chart

Syarikat Takaful Malaysia Keluarga 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 0.88 0.87 0.89 0.89 0.88

Syarikat Takaful Malaysia Keluarga Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.89 0.89 0.88 0.88 0.88

Competitive Comparison of Syarikat Takaful Malaysia Keluarga Bhd's Liabilities-to-Assets

For the Insurance - Specialty subindustry, Syarikat Takaful Malaysia Keluarga 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.


Syarikat Takaful Malaysia Keluarga Bhd's Liabilities-to-Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Syarikat Takaful Malaysia Keluarga Bhd's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Syarikat Takaful Malaysia Keluarga Bhd's Liabilities-to-Assets falls into.



Syarikat Takaful Malaysia Keluarga 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.

Syarikat Takaful Malaysia Keluarga 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
=12961.694/14675.89
=0.88

Syarikat Takaful Malaysia Keluarga Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=12961.694/14675.89
=0.88

* 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.


Syarikat Takaful Malaysia Keluarga Bhd  (XKLS:6139) 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.


Syarikat Takaful Malaysia Keluarga Bhd Liabilities-to-Assets Related Terms

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Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Jalan Sultan Sulaiman, Tingkat 14, Block Annexe, Menara Takafu, Kuala Lumpur, SGR, MYS, 50000
Syarikat Takaful Malaysia Keluarga Bhd is a takaful insurance provider in Malaysia and Indonesia. Like insurance, takaful protects participants from loss, but unlike traditional insurance, it adheres to a business model that conforms to Islamic religious law. The company's business includes participants who pool their money into a Participant Risk Fund, which then has funds available to disburse when a participant is facing a loss. For managing the takaful fund, the company receives a service fee on participant contributions. Syarikat Takaful Malaysia manages family and general takaful businesses, which include medical, motor, and home takaful. The vast majority of the company's revenue comes from customers in Malaysia.

Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Headlines

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