FM Global Logistics Holdings Bhd (XKLS:7210) Debt-to-Equity : 0.51 (As of Mar. 2024)

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What is FM Global Logistics Holdings Bhd Debt-to-Equity?

FM Global Logistics Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM79.1 Mil. FM Global Logistics Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM121.6 Mil. FM Global Logistics Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM390.6 Mil. FM Global Logistics Holdings Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.51.

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 FM Global Logistics Holdings Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7210' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.33 Max: 0.56
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of FM Global Logistics Holdings Bhd was 0.56. The lowest was 0.23. And the median was 0.33.

XKLS:7210's Debt-to-Equity is ranked better than
52.95% of 882 companies
in the Transportation industry
Industry Median: 0.55 vs XKLS:7210: 0.51

FM Global Logistics Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for FM Global Logistics 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.

FM Global Logistics Holdings Bhd Debt-to-Equity Chart

FM Global Logistics Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.25

0.30

0.56

0.39

FM Global Logistics 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															0.45	0.39	0.36	0.44	0.51

Competitive Comparison of FM Global Logistics Holdings Bhd's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, FM Global Logistics 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.

FM Global Logistics Holdings Bhd's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, FM Global Logistics Holdings Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FM Global Logistics Holdings Bhd's Debt-to-Equity falls into.

FM Global Logistics Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FM Global Logistics Holdings Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(52.133	+	98.697)	/	384.019
	=	0.39

FM Global Logistics 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
	=	(79.12	+	121.632)	/	390.564
	=	0.51

FM Global Logistics Holdings Bhd (XKLS:7210) 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.

FM Global Logistics Holdings Bhd Debt-to-Equity Related Terms

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FM Global Logistics Holdings Bhd (XKLS:7210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FM Global Logistics Holdings Bhd (XKLS:7210) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Lot 37, Lebuh Sultan Mohamed 1, Wisma Freight Management, Kawasan Perindustrian Bandar Sultan Suleiman, Port Klang, SGR, MYS, 42000

Website

https://www.fmgloballogistics.com

FM Global Logistics Holdings Bhd is a provider of international freight services that include sea, land, air and tug and barge. The company's segments include Malaysia, Australia, Indonesia, Thailand, Vietnam, India, and the United States of America. It derives a majority of its revenue from Malaysia.

FM Global Logistics Holdings Bhd (XKLS:7210) Headlines

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