Kamdar Group (M) Bhd (XKLS:8672) Debt-to-Equity : 0.24 (As of Dec. 2023)

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What is Kamdar Group (M) Bhd Debt-to-Equity?

Kamdar Group (M) Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM15.40 Mil. Kamdar Group (M) Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM36.91 Mil. Kamdar Group (M) Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM220.14 Mil. Kamdar Group (M) Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

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 Kamdar Group (M) Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:8672' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.42 Max: 0.55
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Kamdar Group (M) Bhd was 0.55. The lowest was 0.23. And the median was 0.42.

XKLS:8672's Debt-to-Equity is ranked better than
68.17% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs XKLS:8672: 0.24

Kamdar Group (M) Bhd Debt-to-Equity Historical Data

The historical data trend for Kamdar Group (M) 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.

Kamdar Group (M) Bhd Debt-to-Equity Chart

Kamdar Group (M) Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Jun22

Jun23

Debt-to-Equity

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0.52

0.37

0.43

0.23

Kamdar Group (M) Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.24	0.25	0.23	0.23	0.24

Competitive Comparison of Kamdar Group (M) Bhd's Debt-to-Equity

For the Textile Manufacturing subindustry, Kamdar Group (M) 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.

Kamdar Group (M) Bhd's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kamdar Group (M) Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kamdar Group (M) Bhd's Debt-to-Equity falls into.

Kamdar Group (M) Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kamdar Group (M) Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(13.851	+	39.001)	/	225.583
	=	0.23

Kamdar Group (M) 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
	=	(15.402	+	36.909)	/	220.141
	=	0.24

Kamdar Group (M) Bhd (XKLS:8672) 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.

Kamdar Group (M) Bhd Debt-to-Equity Related Terms

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

Kamdar Group (M) Bhd (XKLS:8672) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kamdar Group (M) Bhd (XKLS:8672) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

113, Jalan Tuanku Abdul Rahman, Kuala Lumpur, SGR, MYS, 50100

Website

https://www.kamdar.com.my

Kamdar Group (M) Bhd is a supplier and retailer of fashion fabrics, home textiles, apparel, and garments. It is organized into two business units, Textile and Investment, and Management segment. The Textile segment is engaged in retailing textile and textile-based products within the retailing industry. The Investment and Management segment is engaged in investment holding and providing management services. The company's activities are conducted principally in Malaysia. It derives a majority of the revenue from the Textile segment.

Kamdar Group (M) Bhd (XKLS:8672) Headlines

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