TransOcean Holdings Bhd (XKLS:7218) Debt-to-Equity : 0.34 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is TransOcean Holdings Bhd Debt-to-Equity?

TransOcean Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM7.32 Mil. TransOcean Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM14.14 Mil. TransOcean Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM62.87 Mil. TransOcean Holdings Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

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

XKLS:7218' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 0.34
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of TransOcean Holdings Bhd was 0.34. The lowest was 0.03. And the median was 0.09.

XKLS:7218's Debt-to-Equity is ranked better than
63.72% of 882 companies
in the Transportation industry
Industry Median: 0.56 vs XKLS:7218: 0.34

TransOcean Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for TransOcean 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.

TransOcean Holdings Bhd Debt-to-Equity Chart

TransOcean Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.09

0.06

0.04

0.03

0.34

TransOcean Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.02	0.02	0.34

Competitive Comparison of TransOcean Holdings Bhd's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, TransOcean 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.

TransOcean Holdings Bhd's Debt-to-Equity Distribution in the Transportation Industry

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

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

TransOcean Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TransOcean 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
	=	(7.316	+	14.137)	/	62.868
	=	0.34

TransOcean Holdings Bhd's Debt to Equity Ratio for the quarter 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
	=	(7.316	+	14.137)	/	62.868
	=	0.34

TransOcean Holdings Bhd (XKLS:7218) 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.

TransOcean Holdings Bhd Debt-to-Equity Related Terms

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

TransOcean Holdings Bhd (XKLS:7218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » TransOcean Holdings Bhd (XKLS:7218) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 2955, 2956 & 2957, Jalan Perusahaan Sungai Lokan 3, Kawasan Perusahaan Sungai Lokan, Butterworth, PNG, MYS, 13400

Website

https://www.transocean.com.my

TransOcean Holdings Bhd is a provider of logistics and logistics related activities. The company provides trucking services and cross-border trucking services for consolidation cargo or loose truck loads services from the Malaysia-Singapore-Malaysia and Malaysia-Thailand-Malaysia routes. Its segments consist of Logistic solution that provide customs brokerage, warehousing, freight forwarding trucking related services, international air and ocean freight services; Tyre products that manufactures and trades in tyres; and Investment holdings that provides management services and letting of properties. Majority of the revenue is derived from the provision of custom brokerage, warehousing, freight forwarding trucking related services, international air and ocean freight services.

TransOcean Holdings Bhd (XKLS:7218) Headlines

No Headlines