Resintech Bhd (XKLS:7232) Debt-to-Equity : 0.29 (As of Dec. 2023)

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What is Resintech Bhd Debt-to-Equity?

Resintech Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM26.84 Mil. Resintech Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM24.68 Mil. Resintech Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM178.29 Mil. Resintech Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

XKLS:7232' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.2 Max: 0.34
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Resintech Bhd was 0.34. The lowest was 0.14. And the median was 0.20.

XKLS:7232's Debt-to-Equity is ranked better than
60.63% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs XKLS:7232: 0.29

Resintech Bhd Debt-to-Equity Historical Data

The historical data trend for Resintech 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.

Resintech Bhd Debt-to-Equity Chart

Resintech Bhd Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Debt-to-Equity

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0.19

0.14

0.27

Resintech Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.28	0.26	0.30	0.27	0.29

Competitive Comparison of Resintech Bhd's Debt-to-Equity

For the Building Products & Equipment subindustry, Resintech 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.

Resintech Bhd's Debt-to-Equity Distribution in the Construction Industry

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

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

Resintech Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Resintech Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 2022 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
	=	(22.196	+	24.457)	/	174.513
	=	0.27

Resintech 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
	=	(26.84	+	24.681)	/	178.293
	=	0.29

Resintech Bhd (XKLS:7232) 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.

Resintech Bhd Debt-to-Equity Related Terms

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

Resintech Bhd (XKLS:7232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Resintech Bhd (XKLS:7232) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 3 and 5, Jalan Waja 14, Kawasan Perindustrian, Telok Panglima Garang, Telok Panglima Garang, SGR, MYS, 42500

Website

https://www.resintechmalaysia.my

Resintech Bhd engages in the provision of management services. It is involved in innovating, designing, manufacturing, and marketing a diversified range of uPVC and Polyethylene products. The company operates through the following segments: Manufacturing and Trading; Services; Investment Holding; Services and Others. The Manufacturing and Trading segment of the company is involved in the manufacturing and trading of a diversified range of plastics pipes, water tanks, and fittings; the services segment is the property holding, and the Investment Holding segment refers to investments. The firm's majority revenue gets generated through the Manufacturing and Trading segment. Malaysia contributes to the majority of total revenue.

Resintech Bhd (XKLS:7232) Headlines

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