Best World International (SGX:CGN) Debt-to-Equity : 0.06 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Best World International Debt-to-Equity?

Best World International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$20.2 Mil. Best World International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$17.3 Mil. Best World International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$592.7 Mil. Best World International's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Best World International's Debt-to-Equity or its related term are showing as below:

SGX:CGN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.11
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Best World International was 0.11. The lowest was 0.01. And the median was 0.05.

SGX:CGN's Debt-to-Equity is ranked better than
86.52% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs SGX:CGN: 0.06

Best World International Debt-to-Equity Historical Data

The historical data trend for Best World International'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.

Best World International Debt-to-Equity Chart

Best World International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.03

0.04

0.06

Best World International 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															0.04	0.04	0.04	0.03	0.06

Competitive Comparison of Best World International's Debt-to-Equity

For the Household & Personal Products subindustry, Best World International'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.

Best World International's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Best World International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Best World International's Debt-to-Equity falls into.

Best World International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Best World International's Debt to Equity Ratio for the fiscal year 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
	=	(20.192	+	17.337)	/	592.699
	=	0.06

Best World International'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
	=	(20.192	+	17.337)	/	592.699
	=	0.06

Best World International (SGX:CGN) 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.

Best World International Debt-to-Equity Related Terms

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

Best World International (SGX:CGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Best World International Ltd (SGX:CGN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Pasir Panjang Road, No. 08-28 Mapletree Business City, Singapore, SGP, 117439

Website

https://www.bestworld.com.sg

Best World International Ltd is an investment holding company and the distribution of nutritional supplement products, personal care products and healthcare equipment. The company's segment includes Direct selling; Franchise and others. It generates maximum revenue from the Direct selling segment. The Direct selling segment mainly comprises sales to customers through retail and online channels in Singapore, Malaysia, Indonesia, Thailand, Taiwan, Hong Kong, Vietnam, Philippines, Korea, Australia, New Zealand, United States, and United Arab Emirates.

Best World International (SGX:CGN) Headlines

No Headlines