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One Glove Group Bhd (XKLS:5079) Equity-to-Asset : 0.21 (As of Dec. 2023)


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What is One Glove Group Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. One Glove Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM123.96 Mil. One Glove Group Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM592.53 Mil. Therefore, One Glove Group Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

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

XKLS:5079' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.57   Max: 0.71
Current: 0.21

During the past 12 years, the highest Equity to Asset Ratio of One Glove Group Bhd was 0.71. The lowest was 0.14. And the median was 0.57.

XKLS:5079's Equity-to-Asset is ranked worse than
88.97% of 870 companies
in the Medical Devices & Instruments industry
Industry Median: 0.65 vs XKLS:5079: 0.21

One Glove Group Bhd Equity-to-Asset Historical Data

The historical data trend for One Glove 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.

One Glove Group Bhd Equity-to-Asset Chart

One Glove Group Bhd Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Jun19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.66 0.58 0.61 0.38

One Glove Group Bhd Quarterly Data
Sep17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.24 0.18 0.22 0.21

Competitive Comparison of One Glove Group Bhd's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, One Glove 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.


One Glove Group Bhd's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, One Glove Group Bhd's Equity-to-Asset distribution charts can be found below:

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



One Glove 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.

One Glove Group Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2019 is calculated as

Equity to Asset (A: Jun. 2019 )=Total Stockholders Equity/Total Assets
=34.576/91.116
=0.38

One Glove Group 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
=123.96/592.529
=0.21

* 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.


One Glove Group Bhd  (XKLS:5079) 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%.


One Glove Group Bhd Equity-to-Asset Related Terms

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


One Glove Group Bhd (XKLS:5079) Business Description

Traded in Other Exchanges
N/A
Address
Perindustrian Kamunting 3, Lot 73-86, Jalan Logam 5, Kamunting Raya Indutrial Estate, Kamunting, PRK, MYS, 34600
One Glove Group Bhd is a glove innovator and manufacturer. The company's segment includes Manufacturing, Investment holding, and Others. Its geographical market includes Japan, Germany, Malaysia, Singapore, the United States of America, India, and Others of which it generates the majority of its revenue from Singapore.

One Glove Group Bhd (XKLS:5079) Headlines

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