Evergreen Fibreboard Bhd (XKLS:5101) Debt-to-Equity : 0.16 (As of Sep. 2023)

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What is Evergreen Fibreboard Bhd Debt-to-Equity?

Evergreen Fibreboard Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM148.1 Mil. Evergreen Fibreboard Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM16.7 Mil. Evergreen Fibreboard Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM1,010.6 Mil. Evergreen Fibreboard Bhd's debt to equity for the quarter that ended in Sep. 2023 was 0.16.

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 Evergreen Fibreboard Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:5101' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.19 Max: 0.43
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Evergreen Fibreboard Bhd was 0.43. The lowest was 0.14. And the median was 0.19.

XKLS:5101's Debt-to-Equity is ranked better than
71.28% of 383 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs XKLS:5101: 0.16

Evergreen Fibreboard Bhd Debt-to-Equity Historical Data

The historical data trend for Evergreen Fibreboard 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.

Evergreen Fibreboard Bhd Debt-to-Equity Chart

Evergreen Fibreboard Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.18

0.21

0.26

0.17

0.15

Evergreen Fibreboard 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															0.18	0.15	0.14	0.14	0.16

Competitive Comparison of Evergreen Fibreboard Bhd's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Evergreen Fibreboard 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.

Evergreen Fibreboard Bhd's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Evergreen Fibreboard Bhd's Debt-to-Equity distribution charts can be found below:

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

Evergreen Fibreboard Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evergreen Fibreboard Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(120.828	+	29.229)	/	1012.117
	=	0.15

Evergreen Fibreboard 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
	=	(148.054	+	16.653)	/	1010.616
	=	0.16

Evergreen Fibreboard Bhd (XKLS:5101) 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.

Evergreen Fibreboard Bhd Debt-to-Equity Related Terms

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Evergreen Fibreboard Bhd (XKLS:5101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Evergreen Fibreboard Bhd (XKLS:5101) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

PLO 22, Parit Raja Industrial Estate, Batu Pahat, Parit Raja, JHR, MYS, 86400

Website

https://www.evergreengroup.com.my

Evergreen Fibreboard Bhd is a Malaysia based company engaged in the manufacture of medium-density fibreboard and wooden furniture. The group is organised into three geographical segments; Malaysia which involves the manufacture of medium density fibreboard, wooden furniture parts and furniture, particleboard, glue, and resin, as well as trading and managing of plantation; Thailand which involves the production and distribution of medium density fibreboard and wood products; and Indonesia which comprises manufacture of medium density fibreboard, glue and resin; and Others which consists distribution of household products made of rubberwood. It derives prime revenue from Malaysia.

Evergreen Fibreboard Bhd (XKLS:5101) Headlines

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