Comfort Gloves Bhd (XKLS:2127) Equity-to-Asset : 0.90 (As of Sep. 2023)

Comfort Gloves Bhd Equity-to-Asset Chart

Comfort Gloves Bhd Annual Data
	Trend	Jan13	Jan14	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Dec22
Equity-to-Asset		Get a 7-Day Free Trial					0.80	0.61	0.64	0.74	0.90

Comfort Gloves Bhd Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.83	0.90	0.89	0.89	0.90

Competitive Comparison of Comfort Gloves Bhd's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Comfort Gloves 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.

Comfort Gloves Bhd's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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

Comfort Gloves 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.

Comfort Gloves Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Comfort Gloves Bhd's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.

Comfort Gloves Bhd  (XKLS:2127) 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%.

Comfort Gloves Bhd Equity-to-Asset Related Terms

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Comfort Gloves Bhd (XKLS:2127) Business Description