Hong Seng Consolidated Bhd (XKLS:0041) Debt-to-Equity : 0.07 (As of Dec. 2023)

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

What is Hong Seng Consolidated Bhd Debt-to-Equity?

Hong Seng Consolidated Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM2.67 Mil. Hong Seng Consolidated Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM23.43 Mil. Hong Seng Consolidated Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM351.38 Mil. Hong Seng Consolidated Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 Hong Seng Consolidated Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0041' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.23
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Hong Seng Consolidated Bhd was 0.23. The lowest was 0.03. And the median was 0.05.

XKLS:0041's Debt-to-Equity is ranked better than
85.77% of 478 companies
in the Conglomerates industry
Industry Median: 0.56 vs XKLS:0041: 0.07

Hong Seng Consolidated Bhd Debt-to-Equity Historical Data

The historical data trend for Hong Seng Consolidated 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.

Hong Seng Consolidated Bhd Debt-to-Equity Chart

Hong Seng Consolidated Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Sep22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.13

0.03

0.04

0.07

Hong Seng Consolidated Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.04	0.04	0.04	0.07

Competitive Comparison of Hong Seng Consolidated Bhd's Debt-to-Equity

For the Conglomerates subindustry, Hong Seng Consolidated 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.

Hong Seng Consolidated Bhd's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hong Seng Consolidated Bhd's Debt-to-Equity distribution charts can be found below:

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

Hong Seng Consolidated Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hong Seng Consolidated Bhd'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
	=	(2.672	+	23.43)	/	351.382
	=	0.07

Hong Seng Consolidated 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
	=	(2.672	+	23.43)	/	351.382
	=	0.07

Hong Seng Consolidated Bhd (XKLS:0041) 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.

Hong Seng Consolidated Bhd Debt-to-Equity Related Terms

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

Hong Seng Consolidated Bhd (XKLS:0041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hong Seng Consolidated Bhd (XKLS:0041) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0041PA.PFD:Malaysia

Address

C-01-3, Block C Plaza Glomac, No 6, Jalan SS7/19, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301

Website

https://www.hongseng.com.my

Hong Seng Consolidated Bhd is operating as an investment holding company. The company operates in five operating segments. The healthcare segment consists of a medical diagnostic and research laboratory and wholesale of pharmaceutical and medical goods; the Financial services include Moneylending; the Gloves segment consists of Manufacturing and trading of rubber gloves; The Search and advertising segment includes Developer and provider of online presence and advertising solutions and operator of search platforms; publishing business directory journals, and database marketing; The others segment includes, Investment holding, development and provision of software solutions companies, and the others. The majority of the revenue is derived from the healthcare segment.

Hong Seng Consolidated Bhd (XKLS:0041) Headlines

No Headlines