Widad Group Bhd (XKLS:0162) Debt-to-Equity : 0.92 (As of Mar. 2024)

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What is Widad Group Bhd Debt-to-Equity?

Widad Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM37.3 Mil. Widad Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM379.7 Mil. Widad Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM452.1 Mil. Widad Group Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.92.

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

XKLS:0162' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.91 Max: 1.35
Current: 0.92

During the past 13 years, the highest Debt-to-Equity Ratio of Widad Group Bhd was 1.35. The lowest was 0.26. And the median was 0.91.

XKLS:0162's Debt-to-Equity is ranked worse than
74.05% of 1522 companies
in the Construction industry
Industry Median: 0.44 vs XKLS:0162: 0.92

Widad Group Bhd Debt-to-Equity Historical Data

The historical data trend for Widad Group 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.

Widad Group Bhd Debt-to-Equity Chart

Widad Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.86

0.99

1.02

1.07

1.02

Widad Group 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															1.24	1.08	0.95	1.02	0.92

Competitive Comparison of Widad Group Bhd's Debt-to-Equity

For the Engineering & Construction subindustry, Widad Group 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.

Widad Group Bhd's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Widad Group Bhd's Debt-to-Equity distribution charts can be found below:

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

Widad Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Widad Group 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
	=	(76.821	+	387.129)	/	456.361
	=	1.02

Widad Group 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
	=	(37.349	+	379.677)	/	452.052
	=	0.92

Widad Group Bhd (XKLS:0162) 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.

Widad Group Bhd Debt-to-Equity Related Terms

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

Widad Group Bhd (XKLS:0162) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Widad Group Bhd (XKLS:0162) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan Semantan, Damansara Heights, WBG Penthouse, Kuala Lumpur, MYS, 50490

Website

https://www.widadgroup.com

Widad Group Bhd is a Malaysia-based investment holding company. The company is organized into three business units. Integrated facility management includes scheduled maintenance, ad-hoc maintenance, upgrading, and renovation to ensure optimum effectiveness and efficiency and cater to its customer's requirements and preferences, which also is the majority revenue generating segment. The constructions segment includes infrastructure and civil works such as the construction of low and high-rise buildings for a variety of uses, and sewerage treatment plants. The concession segment comprises operations related to the construction and maintenance of facilities and infrastructure.

Widad Group Bhd (XKLS:0162) Headlines

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