GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » LBS Bina Group Bhd (XKLS:5789) » Definitions » Equity-to-Asset

LBS Bina Group Bhd (XKLS:5789) Equity-to-Asset : 0.38 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is LBS Bina Group Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LBS Bina Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM1,704 Mil. LBS Bina Group Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM4,470 Mil. Therefore, LBS Bina Group Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.38.

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

XKLS:5789' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.38   Max: 0.46
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of LBS Bina Group Bhd was 0.46. The lowest was 0.30. And the median was 0.38.

XKLS:5789's Equity-to-Asset is ranked worse than
58.86% of 1823 companies
in the Real Estate industry
Industry Median: 0.44 vs XKLS:5789: 0.38

LBS Bina Group Bhd Equity-to-Asset Historical Data

The historical data trend for LBS Bina 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.

LBS Bina Group Bhd Equity-to-Asset Chart

LBS Bina Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.35 0.35 0.39 0.39

LBS Bina Group Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.39 0.40 0.40 0.39 0.38

Competitive Comparison of LBS Bina Group Bhd's Equity-to-Asset

For the Real Estate - Development subindustry, LBS Bina 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.


LBS Bina Group Bhd's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, LBS Bina Group Bhd's Equity-to-Asset distribution charts can be found below:

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



LBS Bina 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.

LBS Bina Group 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
=1678.621/4270.422
=0.39

LBS Bina Group 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
=1703.626/4470.459
=0.38

* 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.


LBS Bina Group Bhd  (XKLS:5789) 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%.


LBS Bina Group Bhd Equity-to-Asset Related Terms

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


LBS Bina Group Bhd (XKLS:5789) Business Description

Traded in Other Exchanges
Address
No. 1 Jalan SS9/2, Plaza Seri Setia, Level 1-4, Petaling Jaya, SGR, MYS, 47300
LBS Bina Group Bhd is engaged in the real estate business. The company operates through various business segments: Property Development, which develops residential, industrial, and commercial properties; Construction and trading that designs and builds, civil engineering, general construction, piling activities, trading of construction materials, and manufacturing of Industrialised Building systems precast products; Motor racing circuit that develops and manages Motor racing circuits; Management & investment segment includes Investment holding and provision of management services; Hotel Operation; and Others. Its geographical segments include Malaysia, China, and Hong Kong, of which Malaysia derives the vast majority of its revenue.

LBS Bina Group Bhd (XKLS:5789) Headlines

No Headlines