Homeritz Bhd (XKLS:5160) Debt-to-Equity : 0.00 (As of Feb. 2024)

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What is Homeritz Bhd Debt-to-Equity?

Homeritz Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was RM0.4 Mil. Homeritz Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was RM0.1 Mil. Homeritz Bhd's Total Stockholders Equity for the quarter that ended in Feb. 2024 was RM292.2 Mil. Homeritz Bhd's debt to equity for the quarter that ended in Feb. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Homeritz Bhd was 0.03. The lowest was 0.00. And the median was 0.00.

XKLS:5160's Debt-to-Equity is not ranked ^*
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 0.32
* Ranked among companies with meaningful Debt-to-Equity only.

Homeritz Bhd Debt-to-Equity Historical Data

The historical data trend for Homeritz 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.

Homeritz Bhd Debt-to-Equity Chart

Homeritz Bhd Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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Homeritz Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
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Competitive Comparison of Homeritz Bhd's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Homeritz 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.

Homeritz Bhd's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Homeritz Bhd's Debt-to-Equity distribution charts can be found below:

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

Homeritz Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Homeritz Bhd's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(0.248	+	0.042)	/	281.328
	=	0.00

Homeritz Bhd's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(0.386	+	0.126)	/	292.206
	=	0.00

Homeritz Bhd (XKLS:5160) 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.

Homeritz Bhd Debt-to-Equity Related Terms

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Homeritz Bhd (XKLS:5160) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Homeritz Corp Bhd (XKLS:5160) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 8726, PTD 6023, Batu 8, Kawasan Perindustrian Bukit Bakri, Muar, JHR, MYS, 84200

Website

http://www.homeritzcorp.com

Homeritz Corp Bhd an investment holding company, designs, manufactures and sells upholstery furniture products. The company provides upholstery home furniture products consisting of leather and fabric-based sofas, dining chairs, and bed frames; and lifestyle furniture products under the Eritz brand. It is also involved in property investment activities and the design, manufacture, and sale of furniture and furniture parts. The company's majority revenue comes from Asia and the Asia Pacific region (excluding Malaysia).

Homeritz Bhd (XKLS:5160) Headlines

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