Frontken Bhd (XKLS:0128) Debt-to-Equity : 0.05 (As of Mar. 2024)

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What is Frontken Bhd Debt-to-Equity?

Frontken Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM2.9 Mil. Frontken Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM30.2 Mil. Frontken Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM666.4 Mil. Frontken Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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

XKLS:0128' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.18
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Frontken Bhd was 0.18. The lowest was 0.02. And the median was 0.06.

XKLS:0128's Debt-to-Equity is ranked better than
86.31% of 928 companies
in the Business Services industry
Industry Median: 0.38 vs XKLS:0128: 0.05

Frontken Bhd Debt-to-Equity Historical Data

The historical data trend for Frontken 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.

Frontken Bhd Debt-to-Equity Chart

Frontken Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.03

0.04

0.10

0.05

Frontken Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.06	0.06	0.05	0.05

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

For the Specialty Business Services subindustry, Frontken 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.

Frontken Bhd's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Frontken Bhd's Debt-to-Equity distribution charts can be found below:

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

Frontken Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Frontken 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
	=	(3.281	+	29.846)	/	641.167
	=	0.05

Frontken Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(2.925	+	30.234)	/	666.351
	=	0.05

Frontken Bhd (XKLS:0128) 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.

Frontken Bhd Debt-to-Equity Related Terms

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Frontken Bhd (XKLS:0128) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Frontken Corp Bhd (XKLS:0128) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Jalan 16/11, Off Jalan Damansara, Suite 301, Block F, Pusat Dagangan Phileo Damansara 1, Petaling Jaya, SGR, MYS, 46350

Website

https://www.frontken.com

Frontken Corp Bhd is a Malaysia-based investment holding firm. The company with its subsidiaries are engaged in providing surface and mechanical engineering solutions, serving a wide range of heavy industries such as Oil and Gas, Power Generation, Semiconductors, and the Marine industry. It also provides various specialized engineering services, such as thermal spray coating, cold build-up coating, plating and conversion coating, specialized welding, precision cleaning, abrasive blasting, machining and grinding. In addition, the company provides surface treatment and precision cleaning for the thin film transistor liquid crystal display and semiconductor industries. Its revenue comes from the Singapore market, while it also has a presence in Malaysia, Taiwan, and other countries.

Frontken Bhd (XKLS:0128) Headlines

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