Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Debt-to-Equity : 0.65 (As of Sep. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Sin Heng Chan (Malaysia) Bhd Debt-to-Equity?

Sin Heng Chan (Malaysia) Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM20.76 Mil. Sin Heng Chan (Malaysia) Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM152.37 Mil. Sin Heng Chan (Malaysia) Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM267.23 Mil. Sin Heng Chan (Malaysia) Bhd's debt to equity for the quarter that ended in Sep. 2023 was 0.65.

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 Sin Heng Chan (Malaysia) Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:4316' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.71 Max: 1.29
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of Sin Heng Chan (Malaysia) Bhd was 1.29. The lowest was 0.56. And the median was 0.71.

XKLS:4316's Debt-to-Equity is ranked worse than
64.21% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs XKLS:4316: 0.65

Sin Heng Chan (Malaysia) Bhd Debt-to-Equity Historical Data

The historical data trend for Sin Heng Chan (Malaysia) 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.

Sin Heng Chan (Malaysia) Bhd Debt-to-Equity Chart

Sin Heng Chan (Malaysia) Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

1.29

0.99

1.14

0.70

0.61

Sin Heng Chan (Malaysia) Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.63	0.61	0.62	0.65	0.65

Competitive Comparison of Sin Heng Chan (Malaysia) Bhd's Debt-to-Equity

For the Farm Products subindustry, Sin Heng Chan (Malaysia) 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.

Sin Heng Chan (Malaysia) Bhd's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sin Heng Chan (Malaysia) Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sin Heng Chan (Malaysia) Bhd's Debt-to-Equity falls into.

Sin Heng Chan (Malaysia) Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sin Heng Chan (Malaysia) Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(14.558	+	145.157)	/	261.343
	=	0.61

Sin Heng Chan (Malaysia) Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(20.763	+	152.365)	/	267.232
	=	0.65

Sin Heng Chan (Malaysia) Bhd (XKLS:4316) 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.

Sin Heng Chan (Malaysia) Bhd Debt-to-Equity Related Terms

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

Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sin Heng Chan (Malaysia) Bhd (XKLS:4316) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Lorong Dungun Kiri, Level 3, Wisma E & C, Damansara Heights, Kuala Lumpur, MYS, 50490

Website

https://www.shcm.com.my

Sin Heng Chan (Malaysia) Bhd is an agri-based group of companies engaged in oil palm plantation related activities and sale of fresh fruit bunches (FFB) and Energy and Facility Management. The company's operating segments consist of Plantation, Energy and facilities management, Investment holding, and Others. The Maximum revenue is generated from the Plantation segment.

Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Headlines

No Headlines