Gemilang International (HKSE:06163) Debt-to-Equity : 0.83 (As of Oct. 2023)

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What is Gemilang International Debt-to-Equity?

Gemilang International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$89.0 Mil. Gemilang International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$0.6 Mil. Gemilang International's Total Stockholders Equity for the quarter that ended in Oct. 2023 was HK$107.6 Mil. Gemilang International's debt to equity for the quarter that ended in Oct. 2023 was 0.83.

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 Gemilang International's Debt-to-Equity or its related term are showing as below:

HKSE:06163' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.78 Max: 3.95
Current: 0.83

During the past 11 years, the highest Debt-to-Equity Ratio of Gemilang International was 3.95. The lowest was 0.43. And the median was 0.78.

HKSE:06163's Debt-to-Equity is ranked worse than
67.95% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs HKSE:06163: 0.83

Gemilang International Debt-to-Equity Historical Data

The historical data trend for Gemilang International'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.

Gemilang International Debt-to-Equity Chart

Gemilang International Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.52

0.60

0.43

0.94

0.83

Gemilang International Semi-Annual Data
	Oct13	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															0.43	0.66	0.94	0.75	0.83

Competitive Comparison of Gemilang International's Debt-to-Equity

For the Auto Parts subindustry, Gemilang International'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.

Gemilang International's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gemilang International's Debt-to-Equity distribution charts can be found below:

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

Gemilang International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gemilang International's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(89.044	+	0.626)	/	107.58
	=	0.83

Gemilang International's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(89.044	+	0.626)	/	107.58
	=	0.83

Gemilang International (HKSE:06163) 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.

Gemilang International Debt-to-Equity Related Terms

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

Gemilang International (HKSE:06163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gemilang International Ltd (HKSE:06163) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ptd 42326, Jalan Seelong, Mukim Senai, Senai, JHR, MYS, 81400

Website

https://www.gml.com.my

Gemilang International Ltd designs and manufactures bus bodies and assembles buses. The Group divides its target markets into two segments, namely core markets which comprise Singapore and Malaysia, and developing markets which comprise all other markets to where the Group exports its products to, including Australia, Hong Kong, the USA and Uzbekistan. The Group's buses, comprising city buses and coaches in aluminium, mainly serve public and private bus transportation operators in its target markets. The Group's products mainly include single deck, double deck and articulated city buses, as well as single deck, double deck and high deck coaches. It derives a majority of revenue from Singapore.

Executives

Low Poh Teng	2202 Interest of your spouse
Pang Chong Yong	2101 Beneficial owner
Kan Suk Ping	2101 Beneficial owner
Golden Castle Investments Limited	2101 Beneficial owner
Gold-face Finance Limited	2106 Person having a security interest in shares
Upbest Group Limited	2201 Interest of corporation controlled by you

Gemilang International (HKSE:06163) Headlines

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