Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Equity-to-Asset : 0.11 (As of Dec. 2023)

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What is Syarikat Takaful Malaysia Keluarga Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Syarikat Takaful Malaysia Keluarga Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM1,679 Mil. Syarikat Takaful Malaysia Keluarga Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM14,676 Mil. Therefore, Syarikat Takaful Malaysia Keluarga Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.11.

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

XKLS:6139' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08 Med: 0.11 Max: 0.13
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of Syarikat Takaful Malaysia Keluarga Bhd was 0.13. The lowest was 0.08. And the median was 0.11.

XKLS:6139's Equity-to-Asset is ranked worse than
74.75% of 495 companies
in the Insurance industry
Industry Median: 0.24 vs XKLS:6139: 0.11

Syarikat Takaful Malaysia Keluarga Bhd Equity-to-Asset Historical Data

The historical data trend for Syarikat Takaful Malaysia Keluarga 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.

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Syarikat Takaful Malaysia Keluarga Bhd Equity-to-Asset Chart

Syarikat Takaful Malaysia Keluarga Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.12

0.13

0.11

Syarikat Takaful Malaysia Keluarga Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.11	0.11	0.12	0.12	0.11

Competitive Comparison of Syarikat Takaful Malaysia Keluarga Bhd's Equity-to-Asset

For the Insurance - Specialty subindustry, Syarikat Takaful Malaysia Keluarga 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.

Syarikat Takaful Malaysia Keluarga Bhd's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Syarikat Takaful Malaysia Keluarga Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Syarikat Takaful Malaysia Keluarga Bhd's Equity-to-Asset falls into.

Syarikat Takaful Malaysia Keluarga 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.

Syarikat Takaful Malaysia Keluarga 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
	=	1679.021	/	14675.89
	=	0.11

Syarikat Takaful Malaysia Keluarga 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
	=	1679.021	/	14675.89
	=	0.11

Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) 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%.

Syarikat Takaful Malaysia Keluarga Bhd Equity-to-Asset Related Terms

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

Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4, Jalan Sultan Sulaiman, Tingkat 14, Block Annexe, Menara Takafu, Kuala Lumpur, SGR, MYS, 50000

Website

https://www.takaful-malaysia.com.my

Syarikat Takaful Malaysia Keluarga Bhd is a takaful insurance provider in Malaysia and Indonesia. Like insurance, takaful protects participants from loss, but unlike traditional insurance, it adheres to a business model that conforms to Islamic religious law. The company's business includes participants who pool their money into a Participant Risk Fund, which then has funds available to disburse when a participant is facing a loss. For managing the takaful fund, the company receives a service fee on participant contributions. Syarikat Takaful Malaysia manages family and general takaful businesses, which include medical, motor, and home takaful. The vast majority of the company's revenue comes from customers in Malaysia.

Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Headlines

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