Cabnet Holdings Bhd (XKLS:0191) Debt-to-Equity : 0.34 (As of Nov. 2023)

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What is Cabnet Holdings Bhd Debt-to-Equity?

Cabnet Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was RM11.8 Mil. Cabnet Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was RM4.6 Mil. Cabnet Holdings Bhd's Total Stockholders Equity for the quarter that ended in Nov. 2023 was RM48.0 Mil. Cabnet Holdings Bhd's debt to equity for the quarter that ended in Nov. 2023 was 0.34.

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

XKLS:0191' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.22 Max: 0.69
Current: 0.34

During the past 7 years, the highest Debt-to-Equity Ratio of Cabnet Holdings Bhd was 0.69. The lowest was 0.05. And the median was 0.22.

XKLS:0191's Debt-to-Equity is ranked better than
57.38% of 1511 companies
in the Construction industry
Industry Median: 0.44 vs XKLS:0191: 0.34

Cabnet Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Cabnet Holdings 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.

Cabnet Holdings Bhd Debt-to-Equity Chart

Cabnet Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

Get a 7-Day Free Trial

0.19

0.06

0.05

0.20

0.21

Cabnet Holdings Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	May23	Aug23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.48	0.42	0.40	0.58	0.34

Competitive Comparison of Cabnet Holdings Bhd's Debt-to-Equity

For the Engineering & Construction subindustry, Cabnet Holdings 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.

Cabnet Holdings Bhd's Debt-to-Equity Distribution in the Construction Industry

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

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

Cabnet Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cabnet Holdings Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(3.662	+	5.634)	/	43.499
	=	0.21

Cabnet Holdings Bhd's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(11.824	+	4.567)	/	47.958
	=	0.34

Cabnet Holdings Bhd (XKLS:0191) 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.

Cabnet Holdings Bhd Debt-to-Equity Related Terms

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

Cabnet Holdings Bhd (XKLS:0191) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cabnet Holdings Bhd (XKLS:0191) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 (PLO 184) Jalan Angkasa Mas 6, Kawasan Perindustrian Tebrau II, Johor Bahru, MYS, 81100

Website

https://www.cabnet.asia

Cabnet Holdings Bhd is a company principally involved in the provision of building management solutions. The company is engaged in the provision of mechanical works, electrical works, Structured Cabling works; ELV Systems, and Information Technology Services. Structured Cabling includes Network System Design and Installation; Cable Testing, Labelling, and Certification; Fiber Optics Installation and Termination and Professional Cable Installation and Termination. In ELV Systems, it includes Access Control System; CCTV System; Cabinet Integrated Security Solution; Intercom System; SMATV/MATV, and PA System. The IT Services include Server Virtualization; Data Centre Solutions; Enterprise Messaging solutions and others.

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