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Priceworth International Bhd (XKLS:7123) Equity-to-Asset : 0.65 (As of Mar. 2024)


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What is Priceworth International Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Priceworth International Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM245.83 Mil. Priceworth International Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM378.09 Mil. Therefore, Priceworth International Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.65.

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

XKLS:7123' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.64   Max: 0.75
Current: 0.65

During the past 13 years, the highest Equity to Asset Ratio of Priceworth International Bhd was 0.75. The lowest was 0.47. And the median was 0.64.

XKLS:7123's Equity-to-Asset is ranked better than
68.71% of 294 companies
in the Forest Products industry
Industry Median: 0.545 vs XKLS:7123: 0.65

Priceworth International Bhd Equity-to-Asset Historical Data

The historical data trend for Priceworth International 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.

Priceworth International Bhd Equity-to-Asset Chart

Priceworth International Bhd Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.58 0.67 0.62 0.67

Priceworth International Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 0.67 0.67 0.67 0.66 0.65

Competitive Comparison of Priceworth International Bhd's Equity-to-Asset

For the Lumber & Wood Production subindustry, Priceworth International 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.


Priceworth International Bhd's Equity-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Priceworth International Bhd's Equity-to-Asset distribution charts can be found below:

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



Priceworth International 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.

Priceworth International Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=239.272/359.725
=0.67

Priceworth International Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=245.834/378.094
=0.65

* 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.


Priceworth International Bhd  (XKLS:7123) 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%.


Priceworth International Bhd Equity-to-Asset Related Terms

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


Priceworth International Bhd (XKLS:7123) Business Description

Traded in Other Exchanges
N/A
Address
Lot 5, Jalan Utara, 1st Floor, Block Number 4, P.O. Box 2848,, Bandar Indah, Mile 4, Sandakan, SBH, MYS, 90732
Priceworth International Bhd is Malaysian timber and wood-based products industry. The company's Segments are the logging segment involved in the extraction, the sale of logs, and tree planting, the manufacturing segment is in the business of manufacturing and sale of plywood, raw and laminated particleboard, veneer, sawn timber, bare core board, finger joints, molded timber, wooden doors and window frames, and fire doors, the shipyard segment is involved in the provision of marine services, including repair and maintenance of tugboats and barges amongst others; and the other segment is involved in investment holding and the provision of hiring services. The majority of its revenue is derived from Japan from plywood export.

Priceworth International Bhd (XKLS:7123) Headlines

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