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Hil Industries Bhd (XKLS:8443) Equity-to-Asset : 0.87 (As of Dec. 2023)


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What is Hil Industries Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hil Industries Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM446.1 Mil. Hil Industries Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM514.5 Mil. Therefore, Hil Industries Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.87.

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

XKLS:8443' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.72   Med: 0.86   Max: 0.88
Current: 0.87

During the past 13 years, the highest Equity to Asset Ratio of Hil Industries Bhd was 0.88. The lowest was 0.72. And the median was 0.86.

XKLS:8443's Equity-to-Asset is ranked better than
93.38% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKLS:8443: 0.87

Hil Industries Bhd Equity-to-Asset Historical Data

The historical data trend for Hil Industries 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.

Hil Industries Bhd Equity-to-Asset Chart

Hil Industries 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 0.74 0.75 0.85 0.87 0.87

Hil Industries 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 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 0.87 0.87 0.87 0.87 0.87

Competitive Comparison of Hil Industries Bhd's Equity-to-Asset

For the Metal Fabrication subindustry, Hil Industries 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.


Hil Industries Bhd's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hil Industries Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hil Industries Bhd's Equity-to-Asset falls into.



Hil Industries 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.

Hil Industries 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
=446.088/514.536
=0.87

Hil Industries 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
=446.088/514.536
=0.87

* 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.


Hil Industries Bhd  (XKLS:8443) 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%.


Hil Industries Bhd Equity-to-Asset Related Terms

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


Hil Industries Bhd (XKLS:8443) Business Description

Traded in Other Exchanges
N/A
Address
Lot 3, Jalan Lada Sulah 16/11, Section 16, Shah Alam, SGR, MYS, 40000
Hil Industries Bhd is a manufacturer and seller of industrial and domestic moulded plastic products. The company's reportable segment include: Manufacturing; Property development and management; and Trading, services and others. The Manufacturing segment engages in the manufacture and sale of industrial and domestic moulded plastic products. The Property development and management segment is involved in the development of residential, commercial and light industrial properties, and letting out of properties and provision of property management services. Trading, services and others segment includes general trading. The company generates key revenue from the Manufacturing segment. It has a business presence in Malaysia, the PRC and Taiwan.

Hil Industries Bhd (XKLS:8443) Headlines

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