Rimbunanwit Bhd (XKLS:5113) Debt-to-Equity : 0.95 (As of Sep. 2023)

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What is Rimbunanwit Bhd Debt-to-Equity?

Rimbunanwit Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM193.8 Mil. Rimbunanwit Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM155.7 Mil. Rimbunanwit Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM370.0 Mil. Rimbunanwit Bhd's debt to equity for the quarter that ended in Sep. 2023 was 0.94.

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

XKLS:5113' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 0.93 Max: 1.17
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Rimbunanwit Bhd was 1.17. The lowest was 0.51. And the median was 0.93.

XKLS:5113's Debt-to-Equity is ranked worse than
76.65% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs XKLS:5113: 0.95

Rimbunanwit Bhd Debt-to-Equity Historical Data

The historical data trend for Rimbunanwit 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.

Rimbunanwit Bhd Debt-to-Equity Chart

Rimbunanwit Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.11

1.17

1.05

1.01

0.91

Rimbunanwit 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															0.92	0.91	0.97	0.97	0.95

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

For the Farm Products subindustry, Rimbunanwit 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.

Rimbunanwit Bhd's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rimbunanwit Bhd's Debt-to-Equity distribution charts can be found below:

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

Rimbunanwit Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rimbunanwit 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
	=	(190.512	+	158.91)	/	382.733
	=	0.91

Rimbunanwit 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
	=	(193.843	+	155.694)	/	370.048
	=	0.94

Rimbunanwit Bhd (XKLS:5113) 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.

Rimbunanwit Bhd Debt-to-Equity Related Terms

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

Rimbunanwit Bhd (XKLS:5113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rimbunan Sawit Bhd (XKLS:5113) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Upper Lanang, 101, North Wing, Pusat Suria Permata, Menara Rimbunan Hijau, Sibu, SWK, MYS, 96000

Website

http://www.rsb.com.my

Rimbunan Sawit Bhd is engaged in providing farm products. The company is involved in the cultivation of oil palm and the operation of palm oil mills. It also focuses on providing management services. The company is also an investment holding company. It receives revenue from the sale of crude palm oil, fresh fruit bunches, palm kernel, palm kernel shell, empty bunch ash, empty fruit bunch, sludge oil, and seedlings. The company operates in one geographical segment which is Malaysia.

Rimbunanwit Bhd (XKLS:5113) Headlines

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