Steel Hawk Bhd (XKLS:03049) Debt-to-Equity : 0.89 (As of Dec. 2023)

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What is Steel Hawk Bhd Debt-to-Equity?

Steel Hawk Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM14.40 Mil. Steel Hawk Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4.55 Mil. Steel Hawk Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM21.28 Mil. Steel Hawk Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.89.

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

XKLS:03049' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.75 Max: 1.37
Current: 0.89

During the past 5 years, the highest Debt-to-Equity Ratio of Steel Hawk Bhd was 1.37. The lowest was 0.22. And the median was 0.75.

XKLS:03049's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs XKLS:03049: 0.89

Steel Hawk Bhd Debt-to-Equity Historical Data

The historical data trend for Steel Hawk 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.

Steel Hawk Bhd Debt-to-Equity Chart

Steel Hawk Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.37

0.74

0.22

0.75

0.89

Steel Hawk Bhd Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				0.22	0.18	0.75	0.62	0.89

Competitive Comparison of Steel Hawk Bhd's Debt-to-Equity

For the Oil & Gas Midstream subindustry, Steel Hawk 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.

Steel Hawk Bhd's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Steel Hawk Bhd's Debt-to-Equity distribution charts can be found below:

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

Steel Hawk Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Steel Hawk 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
	=	(14.402	+	4.554)	/	21.283
	=	0.89

Steel Hawk 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
	=	(14.402	+	4.554)	/	21.283
	=	0.89

Steel Hawk Bhd (XKLS:03049) 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.

Steel Hawk Bhd Debt-to-Equity Related Terms

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Steel Hawk Bhd (XKLS:03049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Steel Hawk Bhd (XKLS:03049) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dataran Prima, Jalan PJU 1/37, 23-2 & 25-2, Block H, Petaling Jaya, SGR, MYS, 47301

Website

https://www.steelhawk.com.my

Steel Hawk Bhd is engaged in providing technical and engineering support services in the Oil and Gas Industry in Malaysia. It specializes in engineering, scheduled/work pack development, procurement, structural/piping fabrication, electrical/instrumentation installation, pre-commissioning and commissioning and various pipeline maintenance activities.

Steel Hawk Bhd (XKLS:03049) Headlines

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