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Iconic Worldwide Bhd (XKLS:9113) Equity-to-Asset : 0.54 (As of Dec. 2023)


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What is Iconic Worldwide Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Iconic Worldwide Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM162.07 Mil. Iconic Worldwide Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM302.48 Mil. Therefore, Iconic Worldwide Bhd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.54.

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

XKLS:9113' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.84   Max: 0.88
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of Iconic Worldwide Bhd was 0.88. The lowest was 0.54. And the median was 0.84.

XKLS:9113's Equity-to-Asset is ranked worse than
63.79% of 870 companies
in the Medical Devices & Instruments industry
Industry Median: 0.65 vs XKLS:9113: 0.54

Iconic Worldwide Bhd Equity-to-Asset Historical Data

The historical data trend for Iconic Worldwide 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.

Iconic Worldwide Bhd Equity-to-Asset Chart

Iconic Worldwide Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.88 0.88 0.58 0.58

Iconic Worldwide 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 0.59 0.58 0.59 0.56 0.54

Competitive Comparison of Iconic Worldwide Bhd's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Iconic Worldwide 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.


Iconic Worldwide Bhd's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



Iconic Worldwide 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.

Iconic Worldwide Bhd's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=176.315/302.2
=0.58

Iconic Worldwide 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
=162.068/302.479
=0.54

* 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.


Iconic Worldwide Bhd  (XKLS:9113) 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%.


Iconic Worldwide Bhd Equity-to-Asset Related Terms

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


Iconic Worldwide Bhd (XKLS:9113) Business Description

Traded in Other Exchanges
N/A
Address
No 1-2, Jalan Icon City, Icon City, Bukit Mertajam, PNG, MYS, 14000
Iconic Worldwide Bhd is an investment holding company. The company is involved in tourism and property businesses. The company is organized into the following reportable segments: Property development including construction and sale of commercial properties which generates maximum revenue for the company; Manufacturing segment involved in the manufacturing of personal protective equipment, mainly disposable face masks and gloves; Tourism services engaged in the provision of tours and ticketing services, transportation services, hospitality services and trading of souvenirs, and other tourism-related products; and Others segment comprises investment holding, trading, warehousing, mobile crane services, timber log trading, sawmilling and manufacturing of downstream timber products.

Iconic Worldwide Bhd (XKLS:9113) Headlines

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