GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Synergy House Bhd (XKLS:0279) » Definitions » Equity-to-Asset

Synergy House Bhd (XKLS:0279) Equity-to-Asset : 0.48 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Synergy House Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Synergy House Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM106.8 Mil. Synergy House Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM221.8 Mil. Therefore, Synergy House Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.48.

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

XKLS:0279' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.41   Max: 0.48
Current: 0.48

During the past 5 years, the highest Equity to Asset Ratio of Synergy House Bhd was 0.48. The lowest was 0.23. And the median was 0.41.

XKLS:0279's Equity-to-Asset is ranked worse than
61.88% of 425 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs XKLS:0279: 0.48

Synergy House Bhd Equity-to-Asset Historical Data

The historical data trend for Synergy House 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.

Synergy House Bhd Equity-to-Asset Chart

Synergy House Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.33 0.23 0.31 0.35 0.46

Synergy House Bhd Quarterly Data
Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only - 0.48 0.46 0.46 0.48

Competitive Comparison of Synergy House Bhd's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Synergy House 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.


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

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

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



Synergy House 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.

Synergy House Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=100.819/220.403
=0.46

Synergy House Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=106.832/221.756
=0.48

* 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.


Synergy House Bhd  (XKLS:0279) 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%.


Synergy House Bhd Equity-to-Asset Related Terms

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


Synergy House Bhd (XKLS:0279) Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Persiaran Setia Dagang, Lot 18.A & 18.B & Lot 19.A, Level 18 & 19, Top Glove Tower, Seksyen U13, Bandar Setia Alam, Shah Alam, SGR, MYS, 40170
Synergy House Bhd is an investment holding company and through its Subsidiaries, It is principally involved in the design, development and sale of RTA home furniture. RTA a home furniture is a form of furniture where furniture parts are in flat-packed form for ease of storage and transportation. RTA home furniture requires customers to assemble themselves upon purchase. It sells its RTA home furniture to online retailers, chain-store retailers, and wholesalers via a B2B sales model, as well as directly to end-consumers through Its in-house online store and third-party e-commerce platforms via a B2C sales model.

Synergy House Bhd (XKLS:0279) Headlines

No Headlines