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Baba Eco Group Bhd (XKLS:03012) Equity-to-Asset : 0.74 (As of Oct. 2023)


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What is Baba Eco Group Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Baba Eco Group Bhd's Total Stockholders Equity for the quarter that ended in Oct. 2023 was RM56.85 Mil. Baba Eco Group Bhd's Total Assets for the quarter that ended in Oct. 2023 was RM77.26 Mil. Therefore, Baba Eco Group Bhd's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.74.

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

XKLS:03012' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.68   Max: 0.75
Current: 0.74

During the past 9 years, the highest Equity to Asset Ratio of Baba Eco Group Bhd was 0.75. The lowest was 0.62. And the median was 0.68.

XKLS:03012's Equity-to-Asset is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.44 vs XKLS:03012: 0.74

Baba Eco Group Bhd Equity-to-Asset Historical Data

The historical data trend for Baba Eco Group 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.

Baba Eco Group Bhd Equity-to-Asset Chart

Baba Eco Group Bhd Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.67 0.65 0.67 0.75 0.74

Baba Eco Group Bhd Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.67 0.71 0.75 0.74 0.74

Competitive Comparison of Baba Eco Group Bhd's Equity-to-Asset

For the Home Improvement Retail subindustry, Baba Eco Group 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.


Baba Eco Group Bhd's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Baba Eco Group Bhd's Equity-to-Asset distribution charts can be found below:

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



Baba Eco Group 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.

Baba Eco Group Bhd's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=56.85/77.262
=0.74

Baba Eco Group Bhd's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=56.85/77.262
=0.74

* 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.


Baba Eco Group Bhd  (XKLS:03012) 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%.


Baba Eco Group Bhd Equity-to-Asset Related Terms

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


Baba Eco Group Bhd (XKLS:03012) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1384, Atas Lot 841, MK-1, Jalan Tasek, Seberang Perai Selatan, Pulau Pinang, Simpang Ampat, MYS, 14120
Baba Eco Group Bhd is an integrated gardening supplies provider under brand name Baba. The business activities of the group include manufacturing and trading of a diversified range of eco-friendly biodegradable plastic flower pots and planting media; the processing and trading of organic fertilizers and natural pesticides; and the trading of a diversified range of gardening accessories, seeds and agricultural produce. Geographically it serves both Malaysian and other international market.

Baba Eco Group Bhd (XKLS:03012) Headlines

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