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SLB Development (SGX:1J0) Equity-to-Asset : 0.52 (As of Nov. 2023)


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What is SLB Development Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SLB Development's Total Stockholders Equity for the quarter that ended in Nov. 2023 was S$200.77 Mil. SLB Development's Total Assets for the quarter that ended in Nov. 2023 was S$388.36 Mil. Therefore, SLB Development's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.52.

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

SGX:1J0' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.45   Max: 0.53
Current: 0.52

During the past 9 years, the highest Equity to Asset Ratio of SLB Development was 0.53. The lowest was 0.10. And the median was 0.45.

SGX:1J0's Equity-to-Asset is ranked better than
62.62% of 1835 companies
in the Real Estate industry
Industry Median: 0.44 vs SGX:1J0: 0.52

SLB Development Equity-to-Asset Historical Data

The historical data trend for SLB Development'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.

SLB Development Equity-to-Asset Chart

SLB Development Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.46 0.53 0.42 0.49 0.43

SLB Development Semi-Annual Data
May15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.45 0.49 0.46 0.43 0.52

Competitive Comparison of SLB Development's Equity-to-Asset

For the Real Estate - Development subindustry, SLB Development'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.


SLB Development's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SLB Development's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where SLB Development's Equity-to-Asset falls into.



SLB Development 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.

SLB Development's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )=Total Stockholders Equity/Total Assets
=205.899/478.871
=0.43

SLB Development's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=200.768/388.361
=0.52

* 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.


SLB Development  (SGX:1J0) 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%.


SLB Development Equity-to-Asset Related Terms

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SLB Development (SGX:1J0) Business Description

Traded in Other Exchanges
N/A
Address
29 Harrison Road, No. 07-00 Lian Beng Building, Singapore, SGP, 369648
SLB Development Ltd is an investment holding company. It operates in three segments: Property development, which is involved in the development and sale of properties (residential, commercial, and industrial), as well as the provision of development management services; The Fund management & investment segment refers to the Group's business as a fund manager through joint ventures and strategic alliance with third parties, as well as investment in the funds managed by fund managers such as through participation by way of a limited partner or shareholder in the fund company; and The corporate segment mainly relates to corporate office functions. It generates the majority of its revenue from Property development segment.

SLB Development (SGX:1J0) Headlines

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