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Binasat Communications Bhd (XKLS:0195) Equity-to-Asset : 0.68 (As of Sep. 2023)


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What is Binasat Communications Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Binasat Communications Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM130.2 Mil. Binasat Communications Bhd's Total Assets for the quarter that ended in Sep. 2023 was RM190.3 Mil. Therefore, Binasat Communications Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.68.

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

XKLS:0195' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.74   Max: 0.82
Current: 0.68

During the past 9 years, the highest Equity to Asset Ratio of Binasat Communications Bhd was 0.82. The lowest was 0.30. And the median was 0.74.

XKLS:0195's Equity-to-Asset is ranked better than
85.68% of 391 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs XKLS:0195: 0.68

Binasat Communications Bhd Equity-to-Asset Historical Data

The historical data trend for Binasat Communications 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.

Binasat Communications Bhd Equity-to-Asset Chart

Binasat Communications Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.80 0.79 0.74 0.75 0.76

Binasat Communications Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.75 0.74 0.71 0.66 0.68

Competitive Comparison of Binasat Communications Bhd's Equity-to-Asset

For the Telecom Services subindustry, Binasat Communications 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.


Binasat Communications Bhd's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Binasat Communications Bhd's Equity-to-Asset distribution charts can be found below:

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



Binasat Communications 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.

Binasat Communications Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Equity to Asset (A: Jun. 2022 )=Total Stockholders Equity/Total Assets
=126.637/166.809
=0.76

Binasat Communications Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=130.223/190.298
=0.68

* 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.


Binasat Communications Bhd  (XKLS:0195) 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%.


Binasat Communications Bhd Equity-to-Asset Related Terms

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Binasat Communications Bhd (XKLS:0195) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Teknologi 4, Menara Binasat, Lot PT 13824, Technology Park, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Binasat Communications Bhd is engaged in investment holding. The company provides support services for VSAT Network Engineering Services, Mobile Network Engineering Services, Fiber Network Engineering Services, Satellite Hub/Teleport and Digital Satellite News Gathering (DSNG) Services. It has segments are Satellite, mobile and fibre optic telecommunications networks, Power and telecommunication infrastructure works and Investment holding. The company operates in Malaysia.

Binasat Communications Bhd (XKLS:0195) Headlines

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