Boustead Holdings Bhd (XKLS:2771) Debt-to-Equity : 1.78 (As of Mar. 2023)

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What is Boustead Holdings Bhd Debt-to-Equity?

Boustead Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was RM4,013 Mil. Boustead Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was RM2,873 Mil. Boustead Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2023 was RM3,875 Mil. Boustead Holdings Bhd's debt to equity for the quarter that ended in Mar. 2023 was 1.78.

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

XKLS:2771's Debt-to-Equity is not ranked ^*
in the Conglomerates industry.
Industry Median: 0.55
* Ranked among companies with meaningful Debt-to-Equity only.

Boustead Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Boustead 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.

Boustead Holdings Bhd Debt-to-Equity Chart

Boustead Holdings Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.21

1.83

2.06

1.81

1.77

Boustead Holdings Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial															1.64	1.67	1.56	1.77	1.78

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

For the Conglomerates subindustry, Boustead 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.

Boustead Holdings Bhd's Debt-to-Equity Distribution in the Conglomerates Industry

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

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

Boustead Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Boustead Holdings Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(4061.4	+	2847.6)	/	3909.9
	=	1.77

Boustead Holdings Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(4013.1	+	2873.2)	/	3874.8
	=	1.78

Boustead Holdings Bhd (XKLS:2771) 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.

Boustead Holdings Bhd Debt-to-Equity Related Terms

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Boustead Holdings Bhd (XKLS:2771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Boustead Holdings Bhd (XKLS:2771) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Jalan PJU 7/6, Level 23, The Bousteador, Mutiara Damansara, Petaling Jaya, SGR, MYS, 47800

Website

https://www.boustead.com.my

Boustead Holdings Bhd is a conglomerate. The company operates in six segments. The plantation division primarily involves the planting of oil palm and processing of crude palm oil. The heavy industries division primarily involves shipbuilding, fabrication of offshore structures, and vessel restoration and maintenance. The Property and Industrial Division division primarily involves real estate development and leasing, as well as hotel operation. The pharmaceutical division manufactures, trades, and markets pharmaceutical products. The trading and industrial division operates a petrol station network and manufactures and trades building materials.

Boustead Holdings Bhd (XKLS:2771) Headlines

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