Lee Swee Kiat Group Bhd (XKLS:8079) Debt-to-Equity : 0.10 (As of Dec. 2023)

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What is Lee Swee Kiat Group Bhd Debt-to-Equity?

Lee Swee Kiat Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4.5 Mil. Lee Swee Kiat Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM3.2 Mil. Lee Swee Kiat Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM76.4 Mil. Lee Swee Kiat Group Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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 Lee Swee Kiat Group Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:8079' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.21 Max: 0.51
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Lee Swee Kiat Group Bhd was 0.51. The lowest was 0.10. And the median was 0.21.

XKLS:8079's Debt-to-Equity is ranked better than
78.8% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.35 vs XKLS:8079: 0.10

Lee Swee Kiat Group Bhd Debt-to-Equity Historical Data

The historical data trend for Lee Swee Kiat Group 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.

Lee Swee Kiat Group Bhd Debt-to-Equity Chart

Lee Swee Kiat Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.17

0.24

0.18

0.10

Lee Swee Kiat Group 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															0.18	0.19	0.16	0.14	0.10

Competitive Comparison of Lee Swee Kiat Group Bhd's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Lee Swee Kiat Group 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.

Lee Swee Kiat Group Bhd's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lee Swee Kiat Group Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lee Swee Kiat Group Bhd's Debt-to-Equity falls into.

Lee Swee Kiat Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lee Swee Kiat Group 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
	=	(4.515	+	3.182)	/	76.43
	=	0.10

Lee Swee Kiat Group 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
	=	(4.515	+	3.182)	/	76.43
	=	0.10

Lee Swee Kiat Group Bhd (XKLS:8079) 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.

Lee Swee Kiat Group Bhd Debt-to-Equity Related Terms

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Lee Swee Kiat Group Bhd (XKLS:8079) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lee Swee Kiat Group Bhd (XKLS:8079) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wisma LSK, Jalan Haji Abdul Manan, Lot 6122, Off Jalan Meru, Klang, SGR, MYS, 41050

Website

https://www.lsk.com.my

Lee Swee Kiat Group Bhd operates in the Mattresses and bedsprings sector in Malaysia. The Group is organized into two business segments: Investment holding, and Natural latex and mattress-related products. The Natural latex and mattress related products segment which generates majority revenue engages in the manufacturing, trading, and distribution of mattresses, bedding accessories, laminated foam, polyurethane foam, natural latex foam, and other related products. The investment holding segment engages in investment holding activity.

Lee Swee Kiat Group Bhd (XKLS:8079) Headlines

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