Lotte Chemical Titan Holdings Bhd (XKLS:5284) Debt-to-Equity : 0.62 (As of Mar. 2024)

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What is Lotte Chemical Titan Holdings Bhd Debt-to-Equity?

Lotte Chemical Titan Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM589 Mil. Lotte Chemical Titan Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM6,677 Mil. Lotte Chemical Titan Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM11,660 Mil. Lotte Chemical Titan Holdings Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.62.

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

XKLS:5284' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.62
Current: 0.62

During the past 10 years, the highest Debt-to-Equity Ratio of Lotte Chemical Titan Holdings Bhd was 0.62. The lowest was 0.00. And the median was 0.01.

XKLS:5284's Debt-to-Equity is ranked worse than
68.72% of 1394 companies
in the Chemicals industry
Industry Median: 0.35 vs XKLS:5284: 0.62

Lotte Chemical Titan Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Lotte Chemical Titan 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.

Lotte Chemical Titan Holdings Bhd Debt-to-Equity Chart

Lotte Chemical Titan Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.52

Lotte Chemical Titan 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															0.02	0.16	0.31	0.52	0.62

Competitive Comparison of Lotte Chemical Titan Holdings Bhd's Debt-to-Equity

For the Chemicals subindustry, Lotte Chemical Titan 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.

Lotte Chemical Titan Holdings Bhd's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lotte Chemical Titan Holdings Bhd's Debt-to-Equity distribution charts can be found below:

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

Lotte Chemical Titan Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lotte Chemical Titan 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
	=	(418.711	+	5558.675)	/	11499.199
	=	0.52

Lotte Chemical Titan 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
	=	(588.769	+	6676.936)	/	11659.992
	=	0.62

Lotte Chemical Titan Holdings Bhd (XKLS:5284) 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.

Lotte Chemical Titan Holdings Bhd Debt-to-Equity Related Terms

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Lotte Chemical Titan Holdings Bhd (XKLS:5284) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lotte Chemical Titan Holdings Bhd (XKLS:5284) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

PLO 312, Jalan Tembaga 4, Pasir Gudang Industrial Estate, Pasir Gudang, JHR, MYS, 81700

Website

https://www.lottechem.my

Lotte Chemical Titan Holdings Bhd is a petrochemical producer. Its products include polyolefins, comprising polyethylene and polypropylene and olefins comprising ethylene and propylene and other derivatives such as butadiene, TBA(Tertiary Butyl Alcohol), benzene, and toluene. The company's reportable segments are Olefins and derivative products and Polyolefin products. Geographically the company operates in Malaysia, Indonesia, China (including Hong Kong), Southeast Asia, Northeast Asia, the Indian Sub-Continent, and Others.

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