Turiya Bhd (XKLS:4359) Debt-to-Equity : 0.27 (As of Sep. 2023)

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What is Turiya Bhd Debt-to-Equity?

Turiya Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM1.70 Mil. Turiya Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM33.85 Mil. Turiya Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM130.58 Mil. Turiya Bhd's debt to equity for the quarter that ended in Sep. 2023 was 0.27.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

XKLS:4359' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.34 Max: 0.46
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Turiya Bhd was 0.46. The lowest was 0.27. And the median was 0.34.

XKLS:4359's Debt-to-Equity is ranked worse than
50.4% of 881 companies
in the Semiconductors industry
Industry Median: 0.26 vs XKLS:4359: 0.27

Turiya Bhd Debt-to-Equity Historical Data

The historical data trend for Turiya Bhd's Debt-to-Equity 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.

Turiya Bhd Debt-to-Equity Chart

Turiya Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.35

0.34

0.33

0.31

0.28

Turiya Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.30	0.29	0.28	0.28	0.27

Competitive Comparison of Turiya Bhd's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Turiya Bhd's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Turiya Bhd's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Turiya Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Turiya Bhd's Debt-to-Equity falls into.

Turiya Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Turiya Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.64	+	34.632)	/	128.477
	=	0.28

Turiya Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.698	+	33.845)	/	130.579
	=	0.27

Turiya Bhd (XKLS:4359) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Turiya Bhd Debt-to-Equity Related Terms

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

Turiya Bhd (XKLS:4359) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Turiya Bhd (XKLS:4359) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Wisma Chase Perdana, 7th Floor, Suite 7.3, Damansara Heights, Changkat Semantan, Kuala Lumpur, SGR, MYS, 50490

Website

https://www.turiya.com.my

Turiya Bhd is a Malaysian-based company engaged in the business of letting properties and investment holding company. The company's operating segment includes Investment holding; Investment property; Semi-conductor. It generates maximum revenue from the Semi-conductor segment. The semi-conductor segment is engaged in the manufacturing of industrial machinery, and chemicals trading. The Investment property segment is engaged in the rental of office lots. Geographically, it derives a majority of revenue from Singapore.

Turiya Bhd (XKLS:4359) Headlines

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