Volcano Bhd (XKLS:0232) Debt-to-Equity : 0.04 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Volcano Bhd Debt-to-Equity?

Volcano Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4.34 Mil. Volcano Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.08 Mil. Volcano Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM103.64 Mil. Volcano Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

XKLS:0232' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.04
Current: 0.04

During the past 3 years, the highest Debt-to-Equity Ratio of Volcano Bhd was 0.04. The lowest was 0.00. And the median was 0.01.

XKLS:0232's Debt-to-Equity is ranked better than
86.58% of 2631 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKLS:0232: 0.04

Volcano Bhd Debt-to-Equity Historical Data

The historical data trend for Volcano 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.

Volcano Bhd Debt-to-Equity Chart

Volcano Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Debt-to-Equity

Volcano Bhd Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.02	0.01	N/A	0.01	0.04

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

For the Metal Fabrication subindustry, Volcano 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.

Volcano Bhd's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Volcano Bhd's Debt-to-Equity distribution charts can be found below:

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

Volcano Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Volcano 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
	=	(0	+	0)	/	67.372
	=	0.00

Volcano 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
	=	(4.343	+	0.075)	/	103.635
	=	0.04

Volcano Bhd (XKLS:0232) 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.

Volcano Bhd Debt-to-Equity Related Terms

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

Volcano Bhd (XKLS:0232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Volcano Bhd (XKLS:0232) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1411 Jalan Perusahaan Kawasan, Perusahaan Perai 1, Butterworth, Perai, PNG, MYS, 13600

Website

https://www.volcano.com.my

Volcano Bhd is a manufacturer of parts and components including metal and non-metal nameplates and plastic injection moulded parts. Geographically the company's manufacturing facilities is located in Malaysia and Thailand to serve multinational customers across various industries such as electrical and electronic, automotive, food, furniture, aerospace and label industries. The company operates in Malaysia, Singapore, Thailand, Indonesia, China, USA and other countries. It earns majority of its revenue from Thailand.

Volcano Bhd (XKLS:0232) Headlines

No Headlines