Synergy Empire (Synergy Empire) Equity-to-Asset : -21.90 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Synergy Empire Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Synergy Empire's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.34 Mil. Synergy Empire's Total Assets for the quarter that ended in Dec. 2023 was $0.06 Mil. Therefore, Synergy Empire's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -21.90.

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

SHMY' s Equity-to-Asset Range Over the Past 10 Years
Min: -21.9 Med: -2.11 Max: -0.4
Current: -21.9

During the past 5 years, the highest Equity to Asset Ratio of Synergy Empire was -0.40. The lowest was -21.90. And the median was -2.11.

SHMY's Equity-to-Asset is not ranked
in the Restaurants industry.
Industry Median: 0.37 vs SHMY: -21.90

Synergy Empire Equity-to-Asset Historical Data

The historical data trend for Synergy Empire'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.

Synergy Empire Equity-to-Asset Chart

Synergy Empire Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

-2.38

-2.11

-0.40

-1.27

-14.16

Synergy Empire Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															-17.04	-14.16	-17.12	-19.99	-21.90

Competitive Comparison of Synergy Empire's Equity-to-Asset

For the Restaurants subindustry, Synergy Empire'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.

Synergy Empire's Equity-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Synergy Empire's Equity-to-Asset distribution charts can be found below:

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

Synergy Empire 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.

Synergy Empire's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-1.317	/	0.093
	=	-14.16

Synergy Empire's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-1.336	/	0.061
	=	-21.90

Synergy Empire (OTCPK:SHMY) 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%.

Synergy Empire Equity-to-Asset Related Terms

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

Synergy Empire (Synergy Empire) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Synergy Empire Ltd (OTCPK:SHMY) » Definitions » Equity-to-Asset

Comparable Companies

AMHG BOM:539659 SGX:1D3 HKSE:08056 HKSE:01007 HKSE:08096 WAR:MEX TSE:3223 HKSE:08475 HKSE:08432

Traded in Other Exchanges

N/A

Address

No. 19 Jalan 12/118B, Desa Tun Razak, Kuala Lumpur, MYS, 56100

Website

https://www.sweethut.com.my

Synergy Empire Ltd is engaged in the production and sale of food products, specifically desserts created and sold through various restaurants. The company sells the products under the brand name Sweet Hut. The company has two restaurant outlets and one central kitchen in Malaysia. The company cooperates with online food delivery companies to have their desserts displayed on their platforms in order to promote their desserts such as Foodpanda and Honestbee food delivery. The firm generates the majority of its revenue from the Dine-in service.

Synergy Empire (Synergy Empire) Headlines

No Headlines