Betamek Bhd (XKLS:0263) Equity-to-Asset : 0.79 (As of Dec. 2023)

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What is Betamek Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Betamek Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM147.7 Mil. Betamek Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM186.9 Mil. Therefore, Betamek Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.79.

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

XKLS:0263' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66 Med: 0.79 Max: 0.84
Current: 0.79

During the past 4 years, the highest Equity to Asset Ratio of Betamek Bhd was 0.84. The lowest was 0.66. And the median was 0.79.

XKLS:0263's Equity-to-Asset is ranked better than
91.03% of 1315 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs XKLS:0263: 0.79

Betamek Bhd Equity-to-Asset Historical Data

The historical data trend for Betamek 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.

Betamek Bhd Equity-to-Asset Chart

Betamek Bhd Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Equity-to-Asset

0.84

0.79

0.69

0.66

Betamek Bhd Quarterly Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial					0.78	0.78	0.79	0.80	0.79

Competitive Comparison of Betamek Bhd's Equity-to-Asset

For the Auto Parts subindustry, Betamek 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.

Betamek Bhd's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Betamek Bhd's Equity-to-Asset distribution charts can be found below:

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

Betamek 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.

Betamek Bhd's Equity to Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Equity to Asset (A: Mar. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	93.434	/	141.214
	=	0.66

Betamek 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
	=	147.695	/	186.865
	=	0.79

Betamek Bhd (XKLS:0263) 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%.

Betamek Bhd Equity-to-Asset Related Terms

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

Betamek Bhd (XKLS:0263) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Betamek Bhd (XKLS:0263) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Taman Industri Integrasi Rawang, Lingkaran Taman Industri Integrasi Rawang 2, Lot 137, Rawang, SGR, MYS, 48000

Website

https://www.betamek.com.my

Betamek Bhd is actively involved in automotive electronics product design and manufacturing, working closely with customers in Malaysia, Japan, and Indonesia. It offers products such as CD changers, car clocks, air purifiers, switches, lighter/power sockets, roof-mounted monitors, speakers, USB chargers, digital air-conditioning controllers, and other electronic accessories. The company operates in three segments Vehicle audio and visual products, Vehicle accessories, and Investment holding and the majority of revenue generates from Vehicle audio and visual products.

Betamek Bhd (XKLS:0263) Headlines

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