Jishan Bhd (XKLS:03040) Debt-to-Equity : 1.07 (As of Dec. 2023)

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What is Jishan Bhd Debt-to-Equity?

Jishan Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM19.60 Mil. Jishan Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM45.43 Mil. Jishan Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM60.69 Mil. Jishan Bhd's debt to equity for the quarter that ended in Dec. 2023 was 1.07.

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

XKLS:03040' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.07 Med: 1.09 Max: 1.12
Current: 1.07

During the past 4 years, the highest Debt-to-Equity Ratio of Jishan Bhd was 1.12. The lowest was 1.07. And the median was 1.09.

XKLS:03040's Debt-to-Equity is ranked worse than
84% of 350 companies
in the Packaging & Containers industry
Industry Median: 0.445 vs XKLS:03040: 1.07

Jishan Bhd Debt-to-Equity Historical Data

The historical data trend for Jishan 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.

Jishan Bhd Debt-to-Equity Chart

Jishan Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

1.12

N/A

1.07

Jishan Bhd Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			1.12	1.19	N/A	1.00	1.07

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

For the Packaging & Containers subindustry, Jishan 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.

Jishan Bhd's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jishan Bhd's Debt-to-Equity distribution charts can be found below:

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

Jishan Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jishan 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
	=	(19.596	+	45.431)	/	60.691
	=	1.07

Jishan 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
	=	(19.596	+	45.431)	/	60.691
	=	1.07

Jishan Bhd (XKLS:03040) 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.

Jishan Bhd Debt-to-Equity Related Terms

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Jishan Bhd (XKLS:03040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Jishan Bhd (XKLS:03040) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

PMT 1900, Jalan Bukit Pancho, Pulau Pinang, Nibong Tebal, PNG, MYS, 14300

Website

https://www.jishan-group.com

Jishan Bhd is a packaging solution provider. It is principally involved in the manufacturing of paper and plastic packaging products.

Jishan Bhd (XKLS:03040) Headlines

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