Dayang Enterprise Holdings Bhd (XKLS:5141) Debt-to-Equity : 0.16 (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Dayang Enterprise Holdings Bhd Debt-to-Equity?

Dayang Enterprise Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM167 Mil. Dayang Enterprise Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM96 Mil. Dayang Enterprise Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM1,664 Mil. Dayang Enterprise Holdings Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.16.

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

XKLS:5141' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.53 Max: 1.76
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Dayang Enterprise Holdings Bhd was 1.76. The lowest was 0.14. And the median was 0.53.

XKLS:5141's Debt-to-Equity is ranked better than
77.47% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs XKLS:5141: 0.16

Dayang Enterprise Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Dayang Enterprise 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.

Dayang Enterprise Holdings Bhd Debt-to-Equity Chart

Dayang Enterprise Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.57

0.48

0.41

0.28

0.15

Dayang Enterprise Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.30	0.25	0.24	0.15	0.16

Competitive Comparison of Dayang Enterprise Holdings Bhd's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Dayang Enterprise 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.

Dayang Enterprise Holdings Bhd's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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

Dayang Enterprise Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dayang Enterprise Holdings 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
	=	(123.479	+	123.383)	/	1652.538
	=	0.15

Dayang Enterprise Holdings Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(166.876	+	95.962)	/	1664.217
	=	0.16

Dayang Enterprise Holdings Bhd (XKLS:5141) 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.

Dayang Enterprise Holdings Bhd Debt-to-Equity Related Terms

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

Dayang Enterprise Holdings Bhd (XKLS:5141) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dayang Enterprise Holdings Bhd (XKLS:5141) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Taman Raja MCLD, Sublot 5 - 10, Lot 46, Block 10, Miri, SWK, MYS, 98000

Website

https://www.desb.net

Dayang Enterprise Holdings Bhd is an investment holding company. Its operating segments include Topside maintenance services and Marine offshore support services. Topside maintenance services include the provision of offshore topside maintenance services, minor fabrication works, and offshore hook-up and commissioning services for oil and gas companies. Marine offshore support services involve chartering of marine vessels and the provision of related support services, as well as catering of food and beverage. Dayang generates the majority of its revenues from Topside maintenance services.

Dayang Enterprise Holdings Bhd (XKLS:5141) Headlines

No Headlines