Ecomate Holdings Bhd (XKLS:0239) Equity-to-Asset : 0.65 (As of Nov. 2023)

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What is Ecomate Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ecomate Holdings Bhd's Total Stockholders Equity for the quarter that ended in Nov. 2023 was RM43.04 Mil. Ecomate Holdings Bhd's Total Assets for the quarter that ended in Nov. 2023 was RM66.71 Mil. Therefore, Ecomate Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.65.

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

XKLS:0239' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15 Med: 0.58 Max: 0.68
Current: 0.65

During the past 5 years, the highest Equity to Asset Ratio of Ecomate Holdings Bhd was 0.68. The lowest was 0.15. And the median was 0.58.

XKLS:0239's Equity-to-Asset is ranked better than
66.12% of 425 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs XKLS:0239: 0.65

Ecomate Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Ecomate 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.

Ecomate Holdings Bhd Equity-to-Asset Chart

Ecomate Holdings Bhd Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Equity-to-Asset

0.15

0.31

0.58

0.68

Ecomate Holdings Bhd Quarterly Data
	Feb19	Feb20	May20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Equity-to-Asset	Get a 7-Day Free Trial										0.61	0.68	0.61	0.63	0.65

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

For the Furnishings, Fixtures & Appliances subindustry, Ecomate 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.

Ecomate Holdings Bhd's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ecomate Holdings Bhd's Equity-to-Asset distribution charts can be found below:

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

Ecomate 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.

Ecomate Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	43.473	/	64.007
	=	0.68

Ecomate 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
	=	43.038	/	66.711
	=	0.65

Ecomate Holdings Bhd (XKLS:0239) 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%.

Ecomate Holdings Bhd Equity-to-Asset Related Terms

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

Ecomate Holdings Bhd (XKLS:0239) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ecomate Holdings Bhd (XKLS:0239) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kawasan Perindustrian Bakri Batu 7 ½, Lot PTD 7274, Jalan Bakri, Muar, JHR, MYS, 84200

Website

https://www.ecomate.com.my

Ecomate Holdings Bhd is an investment holding company. Through its subsidiary, the company is principally engaged in the production of ready-to-assemble furniture products, where it undertakes design and development, production as well as marketing and sales of living room furniture, bedroom furniture as well as other types of furniture.

Ecomate Holdings Bhd (XKLS:0239) Headlines

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