Versatile Creative Bhd (XKLS:4995) Debt-to-Equity : 0.27 (As of Dec. 2023)

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What is Versatile Creative Bhd Debt-to-Equity?

Versatile Creative Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM11.6 Mil. Versatile Creative Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM9.1 Mil. Versatile Creative Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM77.2 Mil. Versatile Creative Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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

XKLS:4995' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.32 Max: 0.51
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Versatile Creative Bhd was 0.51. The lowest was 0.01. And the median was 0.32.

XKLS:4995's Debt-to-Equity is ranked better than
62.64% of 348 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs XKLS:4995: 0.27

Versatile Creative Bhd Debt-to-Equity Historical Data

The historical data trend for Versatile Creative 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.

Versatile Creative Bhd Debt-to-Equity Chart

Versatile Creative Bhd Annual Data

Trend

Dec12

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Debt-to-Equity

Get a 7-Day Free Trial

0.36

0.42

0.51

0.01

0.11

Versatile Creative Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.08	0.29	0.29	0.27

Competitive Comparison of Versatile Creative Bhd's Debt-to-Equity

For the Packaging & Containers subindustry, Versatile Creative 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.

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

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

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

Versatile Creative Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Versatile Creative Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(3.525	+	4.611)	/	76.21
	=	0.11

Versatile Creative 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
	=	(11.58	+	9.11)	/	77.205
	=	0.27

Versatile Creative Bhd (XKLS:4995) 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.

Versatile Creative Bhd Debt-to-Equity Related Terms

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Versatile Creative Bhd (XKLS:4995) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Versatile Creative Bhd (XKLS:4995) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 30745, Jalan Pandan Indah, Pandah Indah, Kuala Lumpur, MYS, 55100

Website

https://www.vc-b.com

Versatile Creative Bhd is an investment holding company and is involved in the business of manufacturing and trading a range of paper boxes, and plastics and providing printing services to customers and grocery businesses. The company's segments include paper products, plastic products, color separation, and printing, Grocery, and Others. The company earns maximum revenue from the Grocery segment engaged in the retail sale of any kind of product over the Internet, supermarkets, and wholesale of other foodstuffs. Geographically, the company derives a majority of its revenue from Malaysia.

Versatile Creative Bhd (XKLS:4995) Headlines

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