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Apollo Food Holdings Bhd (XKLS:6432) Equity-to-Asset : 0.92 (As of Jan. 2024)


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What is Apollo Food Holdings Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Apollo Food Holdings Bhd's Total Stockholders Equity for the quarter that ended in Jan. 2024 was RM258.3 Mil. Apollo Food Holdings Bhd's Total Assets for the quarter that ended in Jan. 2024 was RM281.4 Mil. Therefore, Apollo Food Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.92.

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

XKLS:6432' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.89   Med: 0.92   Max: 0.93
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of Apollo Food Holdings Bhd was 0.93. The lowest was 0.89. And the median was 0.92.

XKLS:6432's Equity-to-Asset is ranked better than
96.83% of 1926 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs XKLS:6432: 0.92

Apollo Food Holdings Bhd Equity-to-Asset Historical Data

The historical data trend for Apollo Food Holdings 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.

Apollo Food Holdings Bhd Equity-to-Asset Chart

Apollo Food Holdings Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.92 0.91 0.93 0.93

Apollo Food Holdings Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.92 0.93 0.92 0.89 0.92

Competitive Comparison of Apollo Food Holdings Bhd's Equity-to-Asset

For the Confectioners subindustry, Apollo Food Holdings 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.


Apollo Food Holdings Bhd's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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



Apollo Food Holdings 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.

Apollo Food Holdings Bhd's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )=Total Stockholders Equity/Total Assets
=238.51/255.965
=0.93

Apollo Food Holdings Bhd's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=258.338/281.44
=0.92

* 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.


Apollo Food Holdings Bhd  (XKLS:6432) 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%.


Apollo Food Holdings Bhd Equity-to-Asset Related Terms

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Apollo Food Holdings Bhd (XKLS:6432) Business Description

Traded in Other Exchanges
N/A
Address
No. 70, Jalan Langkasuka, Larkin Industrial Area, Johor Bahru, JHR, MYS, 80350
Apollo Food Holdings Bhd is engaged in investment holding and provision of management services. It is involved in the manufacturing of compound chocolate confectionery products and layer cakes. The company's operating segment includes Investment holding and Manufacturing, marketing and distribution. It generates maximum revenue from the Manufacturing, marketing and distribution segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Asean and Others Countries.

Apollo Food Holdings Bhd (XKLS:6432) Headlines

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