Kerjaya Prospek Property Bhd (XKLS:7077) Debt-to-Equity : 0.28 (As of Dec. 2023)

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What is Kerjaya Prospek Property Bhd Debt-to-Equity?

Kerjaya Prospek Property Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM9.1 Mil. Kerjaya Prospek Property Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM184.7 Mil. Kerjaya Prospek Property Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM686.4 Mil. Kerjaya Prospek Property Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.28.

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 Kerjaya Prospek Property Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7077' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.73 Max: 1.32
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Kerjaya Prospek Property Bhd was 1.32. The lowest was 0.21. And the median was 0.73.

XKLS:7077's Debt-to-Equity is ranked better than
73.67% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs XKLS:7077: 0.28

Kerjaya Prospek Property Bhd Debt-to-Equity Historical Data

The historical data trend for Kerjaya Prospek Property 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.

Kerjaya Prospek Property Bhd Debt-to-Equity Chart

Kerjaya Prospek Property Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.43

0.91

0.28

0.43

0.31

Kerjaya Prospek Property Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.34	0.31	0.29	0.28	0.28

Competitive Comparison of Kerjaya Prospek Property Bhd's Debt-to-Equity

For the Real Estate - Development subindustry, Kerjaya Prospek Property 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.

Kerjaya Prospek Property Bhd's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kerjaya Prospek Property Bhd's Debt-to-Equity distribution charts can be found below:

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

Kerjaya Prospek Property Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kerjaya Prospek Property 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
	=	(23.382	+	172.954)	/	634.668
	=	0.31

Kerjaya Prospek Property Bhd's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(9.115	+	184.685)	/	686.353
	=	0.28

Kerjaya Prospek Property Bhd (XKLS:7077) 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.

Kerjaya Prospek Property Bhd Debt-to-Equity Related Terms

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Kerjaya Prospek Property Bhd (XKLS:7077) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kerjaya Prospek Property Bhd (XKLS:7077) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No 1,Jalan Wangsa Permai, 1st Floor, Bangunan One Wangsa, Taman Wangsa Permai, Kuala Lumpur, SGR, MYS, 52200

Website

http://www.kpproperty.com.my

Kerjaya Prospek Property Bhd is a property development company. Its business segments are Property Development and Hospitality. Property development segment Includes property development of residential and commercial properties. The hospitality segment Includes hotel, food and beverage, and recreation operation. The Property development segment derives the majority of the revenue.

Kerjaya Prospek Property Bhd (XKLS:7077) Headlines

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