MYMBN Bhd (XKLS:0280) Equity-to-Asset : 0.78 (As of Dec. 2023)

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What is MYMBN Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MYMBN Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM35.62 Mil. MYMBN Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM45.41 Mil. Therefore, MYMBN Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

XKLS:0280' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.67 Max: 0.78
Current: 0.78

During the past 5 years, the highest Equity to Asset Ratio of MYMBN Bhd was 0.78. The lowest was 0.18. And the median was 0.67.

XKLS:0280's Equity-to-Asset is ranked better than
83.84% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs XKLS:0280: 0.78

MYMBN Bhd Equity-to-Asset Historical Data

The historical data trend for MYMBN 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.

MYMBN Bhd Equity-to-Asset Chart

MYMBN Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.18

0.30

0.67

0.71

0.78

MYMBN Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Equity-to-Asset	0.18	0.30	0.67	0.71	0.78

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

For the Packaged Foods subindustry, MYMBN 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.

MYMBN Bhd's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, MYMBN Bhd's Equity-to-Asset distribution charts can be found below:

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

MYMBN 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.

MYMBN 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
	=	35.618	/	45.412
	=	0.78

MYMBN 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
	=	35.618	/	45.412
	=	0.78

MYMBN Bhd (XKLS:0280) 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%.

MYMBN Bhd Equity-to-Asset Related Terms

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

MYMBN Bhd (XKLS:0280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MYMBN Bhd (XKLS:0280) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Melaka Raya 26, Nos. 17, 19, 21, 23 and 25, Taman Melaka Raya, Melaka, MYS, 75000

Website

https://www.mymbn.com.my

MYMBN Bhd is an investment holding company of MBN Enterprise and MBN International. Through its Subsidiaries, it is principally engaged in the processing and sale of EBN, specifically the RUCEBN. EBNs are processed nests of swiftlets, which are made from strands of swiftlets' saliva.

MYMBN Bhd (XKLS:0280) Headlines

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