GURUFOCUS.COM » STOCK LIST » Technology » Software » NCT Alliance Bhd (XKLS:0056) » Definitions » Equity-to-Asset

NCT Alliance Bhd (XKLS:0056) Equity-to-Asset : 0.75 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is NCT Alliance Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NCT Alliance Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM610.4 Mil. NCT Alliance Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM818.5 Mil. Therefore, NCT Alliance Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.75.

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

XKLS:0056' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.6   Max: 0.75
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of NCT Alliance Bhd was 0.75. The lowest was 0.54. And the median was 0.60.

XKLS:0056's Equity-to-Asset is ranked better than
78% of 2850 companies
in the Software industry
Industry Median: 0.55 vs XKLS:0056: 0.75

NCT Alliance Bhd Equity-to-Asset Historical Data

The historical data trend for NCT Alliance 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.

NCT Alliance Bhd Equity-to-Asset Chart

NCT Alliance Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.64 0.54 0.60 0.75

NCT Alliance Bhd 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 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 0.60 0.65 0.65 0.71 0.75

Competitive Comparison of NCT Alliance Bhd's Equity-to-Asset

For the Information Technology Services subindustry, NCT Alliance 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.


NCT Alliance Bhd's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, NCT Alliance Bhd's Equity-to-Asset distribution charts can be found below:

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



NCT Alliance 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.

NCT Alliance Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=610.383/818.497
=0.75

NCT Alliance Bhd'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
=610.383/818.497
=0.75

* 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.


NCT Alliance Bhd  (XKLS:0056) 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%.


NCT Alliance Bhd Equity-to-Asset Related Terms

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


NCT Alliance Bhd (XKLS:0056) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan BP 4/9, Menara NCT, Bandar Bukit Puchong, Puchong, SGR, MYS, 47100
NCT Alliance Bhd, formerly Grand-Flo Bhd is an investment holding company, engaged in the provision of data management and collaboration solutions. The business activity of the firm is operated through Enterprise Data Collection and Collation System (EDCCS), Labels, and Property Development. It derives the majority of revenue from the EDCCS segment which involves the supply and installation of Enterprise Data Collection and Collation System and hardware, information technology solutions, computer related accessories and integrating computer system and hardwa. Geographically the business presence of the firm is seen across the region of Malaysia, Hong Kong, and China.

NCT Alliance Bhd (XKLS:0056) Headlines

No Headlines