Poh Huat Resources Holdings Bhd (XKLS:7088) Debt-to-Equity : 0.04 (As of Jan. 2024)

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What is Poh Huat Resources Holdings Bhd Debt-to-Equity?

Poh Huat Resources Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM1.0 Mil. Poh Huat Resources Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM17.8 Mil. Poh Huat Resources Holdings Bhd's Total Stockholders Equity for the quarter that ended in Jan. 2024 was RM540.8 Mil. Poh Huat Resources Holdings Bhd's debt to equity for the quarter that ended in Jan. 2024 was 0.03.

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

XKLS:7088' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 0.29
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Poh Huat Resources Holdings Bhd was 0.29. The lowest was 0.03. And the median was 0.09.

XKLS:7088's Debt-to-Equity is ranked better than
87.17% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.345 vs XKLS:7088: 0.04

Poh Huat Resources Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Poh Huat Resources 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.

Poh Huat Resources Holdings Bhd Debt-to-Equity Chart

Poh Huat Resources Holdings Bhd Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.04

0.05

0.06

0.04

0.03

Poh Huat Resources Holdings Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.04	0.04	0.03	0.04

Competitive Comparison of Poh Huat Resources Holdings Bhd's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Poh Huat Resources 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.

Poh Huat Resources Holdings Bhd's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

Poh Huat Resources Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Poh Huat Resources Holdings Bhd's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(0.991	+	16.911)	/	535.015
	=	0.03

Poh Huat Resources Holdings Bhd's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(0.991	+	17.844)	/	540.839
	=	0.03

Poh Huat Resources Holdings Bhd (XKLS:7088) 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.

Poh Huat Resources Holdings Bhd Debt-to-Equity Related Terms

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Poh Huat Resources Holdings Bhd (XKLS:7088) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Poh Huat Resources Holdings Bhd (XKLS:7088) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

PLO 1, Jalan Raja, Kawasan Perindustrial Bukit Pasir, Mukim Sungai Raya, Bukit Pasir, Muar, JHR, MYS, 84300

Website

http://www.pohhuat.com

Poh Huat Resources Holdings Bhd is a Malaysia-based investment holding company. The company is engaged in the manufacturing of furniture. It manufactures two types of furniture: office furniture and home furniture. The company under Home furniture segment acts as an original equipment manufacturer for furniture importers/distributors in North America. The office furniture segment comprises mainly the panel-based office suites of various ranges which are manufactured from laminated particle boards and metal parts. The company has a geographical presence in Vietnam and Malaysia.

Poh Huat Resources Holdings Bhd (XKLS:7088) Headlines

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