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Cabnet Holdings Bhd (XKLS:0191) Equity-to-Asset : 0.35 (As of Nov. 2023)


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What is Cabnet Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cabnet Holdings Bhd's Total Stockholders Equity for the quarter that ended in Nov. 2023 was RM48.0 Mil. Cabnet Holdings Bhd's Total Assets for the quarter that ended in Nov. 2023 was RM135.8 Mil. Therefore, Cabnet Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.35.

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

XKLS:0191' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.67   Max: 0.85
Current: 0.35

During the past 7 years, the highest Equity to Asset Ratio of Cabnet Holdings Bhd was 0.85. The lowest was 0.34. And the median was 0.67.

XKLS:0191's Equity-to-Asset is ranked worse than
64.93% of 1685 companies
in the Construction industry
Industry Median: 0.45 vs XKLS:0191: 0.35

Cabnet Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Cabnet Holdings 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.

Cabnet Holdings Bhd Equity-to-Asset Chart

Cabnet Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial 0.67 0.78 0.81 0.64 0.66

Cabnet Holdings Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 May23 Aug23 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 Premium Member Only Premium Member Only Premium Member Only 0.43 0.47 0.43 0.34 0.35

Competitive Comparison of Cabnet Holdings Bhd's Equity-to-Asset

For the Engineering & Construction subindustry, Cabnet Holdings 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.


Cabnet Holdings Bhd's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Cabnet Holdings Bhd's Equity-to-Asset distribution charts can be found below:

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



Cabnet Holdings 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.

Cabnet Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=43.499/65.572
=0.66

Cabnet Holdings Bhd'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
=47.958/135.835
=0.35

* 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.


Cabnet Holdings Bhd  (XKLS:0191) 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%.


Cabnet Holdings Bhd Equity-to-Asset Related Terms

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


Cabnet Holdings Bhd (XKLS:0191) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 (PLO 184) Jalan Angkasa Mas 6, Kawasan Perindustrian Tebrau II, Johor Bahru, MYS, 81100
Cabnet Holdings Bhd is a company principally involved in the provision of building management solutions. The company is engaged in the provision of mechanical works, electrical works, Structured Cabling works; ELV Systems, and Information Technology Services. Structured Cabling includes Network System Design and Installation; Cable Testing, Labelling, and Certification; Fiber Optics Installation and Termination and Professional Cable Installation and Termination. In ELV Systems, it includes Access Control System; CCTV System; Cabinet Integrated Security Solution; Intercom System; SMATV/MATV, and PA System. The IT Services include Server Virtualization; Data Centre Solutions; Enterprise Messaging solutions and others.

Cabnet Holdings Bhd (XKLS:0191) Headlines

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