GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » M N C Wireless Bhd (XKLS:0103) » Definitions » Equity-to-Asset

M N C Wireless Bhd (XKLS:0103) Equity-to-Asset : 0.88 (As of Jan. 2024)


View and export this data going back to 2005. Start your Free Trial

What is M N C Wireless Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. M N C Wireless Bhd's Total Stockholders Equity for the quarter that ended in Jan. 2024 was RM72.35 Mil. M N C Wireless Bhd's Total Assets for the quarter that ended in Jan. 2024 was RM82.16 Mil. Therefore, M N C Wireless Bhd's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.88.

The historical rank and industry rank for M N C Wireless Bhd's Equity-to-Asset or its related term are showing as below:

XKLS:0103' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.86   Max: 0.91
Current: 0.88

During the past 13 years, the highest Equity to Asset Ratio of M N C Wireless Bhd was 0.91. The lowest was 0.34. And the median was 0.86.

XKLS:0103's Equity-to-Asset is ranked better than
96.68% of 391 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs XKLS:0103: 0.88

M N C Wireless Bhd Equity-to-Asset Historical Data

The historical data trend for M N C Wireless 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.

M N C Wireless Bhd Equity-to-Asset Chart

M N C Wireless Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Apr20 Apr21 Apr22 Apr23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.86 0.90 0.89 0.89

M N C Wireless Bhd Quarterly Data
Mar19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.89 0.89 0.88 0.87 0.88

Competitive Comparison of M N C Wireless Bhd's Equity-to-Asset

For the Telecom Services subindustry, M N C Wireless 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.


M N C Wireless Bhd's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, M N C Wireless Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where M N C Wireless Bhd's Equity-to-Asset falls into.



M N C Wireless 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.

M N C Wireless Bhd's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )=Total Stockholders Equity/Total Assets
=78.092/87.808
=0.89

M N C Wireless Bhd's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=72.35/82.164
=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.


M N C Wireless Bhd  (XKLS:0103) 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%.


M N C Wireless Bhd Equity-to-Asset Related Terms

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


M N C Wireless Bhd (XKLS:0103) Business Description

Traded in Other Exchanges
Address
100-3.011, Jaya One, Number 72A, Jalan Profesor Diraja Ungku Aziz, 129 Offices, Petaling Jaya, SGR, MYS, 46200
M N C Wireless Bhd operates in the telecom industry. Its business operates through various segments that are Mobile Applications, which provide mobile application platforms for short message services (SMS) to mobile phone users; and Wireless and Multimedia Related Services, which are involved in consultations, sales, marketing, and implementation of m-business solutions, management of content resources business, and other related multimedia services.

M N C Wireless Bhd (XKLS:0103) Headlines

No Headlines