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Solvency

1. Debt to Total Assets

Debt to Total Asset Total Debts


=
Ratio Total Assets

2018 = RM 409 699


RM 1 816 208
= 0.2256
22.56%

2019 = RM 498 652


RM 1 855 242
= 0.2689
26.89%

2018 : For every RM 1 of total assets, the debt need to pay is RM 0.23 sen
2019 : For every RM 1 of total assets, the debt need to pay is RM 0.27 sen

In 2019, 26.89% of the company's assets were financed from debt compared to 22.56% in 2018 .
The debt has increased and the solvency has more higher .

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