Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Syarikat Takaful Malaysia Keluarga Bhd Debt-to-Equity?

Syarikat Takaful Malaysia Keluarga Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0 Mil. Syarikat Takaful Malaysia Keluarga Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1 Mil. Syarikat Takaful Malaysia Keluarga Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM1,679 Mil. Syarikat Takaful Malaysia Keluarga Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Syarikat Takaful Malaysia Keluarga Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:6139's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Debt-to-Equity only.

Syarikat Takaful Malaysia Keluarga Bhd Debt-to-Equity Historical Data

The historical data trend for Syarikat Takaful Malaysia Keluarga 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.

Syarikat Takaful Malaysia Keluarga Bhd Debt-to-Equity Chart

Syarikat Takaful Malaysia Keluarga Bhd Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Syarikat Takaful Malaysia Keluarga 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															-	-	-	-	-

Competitive Comparison of Syarikat Takaful Malaysia Keluarga Bhd's Debt-to-Equity

For the Insurance - Specialty subindustry, Syarikat Takaful Malaysia Keluarga 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.

Syarikat Takaful Malaysia Keluarga Bhd's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Syarikat Takaful Malaysia Keluarga Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Syarikat Takaful Malaysia Keluarga Bhd's Debt-to-Equity falls into.

Syarikat Takaful Malaysia Keluarga Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Syarikat Takaful Malaysia Keluarga 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
	=	(0	+	0.907)	/	1679.021
	=	0.00

Syarikat Takaful Malaysia Keluarga 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
	=	(0	+	0.907)	/	1679.021
	=	0.00

Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) 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.

Syarikat Takaful Malaysia Keluarga Bhd Debt-to-Equity Related Terms

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Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4, Jalan Sultan Sulaiman, Tingkat 14, Block Annexe, Menara Takafu, Kuala Lumpur, SGR, MYS, 50000

Website

https://www.takaful-malaysia.com.my

Syarikat Takaful Malaysia Keluarga Bhd is a takaful insurance provider in Malaysia and Indonesia. Like insurance, takaful protects participants from loss, but unlike traditional insurance, it adheres to a business model that conforms to Islamic religious law. The company's business includes participants who pool their money into a Participant Risk Fund, which then has funds available to disburse when a participant is facing a loss. For managing the takaful fund, the company receives a service fee on participant contributions. Syarikat Takaful Malaysia manages family and general takaful businesses, which include medical, motor, and home takaful. The vast majority of the company's revenue comes from customers in Malaysia.

Syarikat Takaful Malaysia Keluarga Bhd (XKLS:6139) Headlines

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