King Wan (SGX:554) Debt-to-Equity : 0.16 (As of Sep. 2023)

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What is King Wan Debt-to-Equity?

King Wan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$8.41 Mil. King Wan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$1.33 Mil. King Wan's Total Stockholders Equity for the quarter that ended in Sep. 2023 was S$62.03 Mil. King Wan's debt to equity for the quarter that ended in Sep. 2023 was 0.16.

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 King Wan's Debt-to-Equity or its related term are showing as below:

SGX:554' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.25 Max: 0.37
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of King Wan was 0.37. The lowest was 0.15. And the median was 0.25.

SGX:554's Debt-to-Equity is ranked better than
72.09% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs SGX:554: 0.16

King Wan Debt-to-Equity Historical Data

The historical data trend for King Wan'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.

King Wan Debt-to-Equity Chart

King Wan Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.23

0.30

0.28

0.18

King Wan Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.19	0.18	0.19	0.18	0.16

Competitive Comparison of King Wan's Debt-to-Equity

For the Engineering & Construction subindustry, King Wan'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.

King Wan's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, King Wan's Debt-to-Equity distribution charts can be found below:

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

King Wan Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

King Wan's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(8.887	+	2.194)	/	62.148
	=	0.18

King Wan'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
	=	(8.409	+	1.327)	/	62.027
	=	0.16

King Wan (SGX:554) 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.

King Wan Debt-to-Equity Related Terms

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

King Wan (SGX:554) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » King Wan Corp Ltd (SGX:554) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Sungei Kadut Loop, Singapore, SGP, 729455

Website

https://www.kingwan.com

King Wan Corp Ltd engages in the provision of mechanical and electrical engineering services for the building and construction industry. It operates in five segments. The Plumbing and Sanitary segment provides services comprising the design and installation of water distribution systems and pipe networks for sewage and wastewater drainage. The electrical segment focuses on the electrical engineering services that design and install electricity distribution systems, fire protection, alarm systems, and security systems. The toilet rental segment consists of the rental and operation of mobile lavatories. The investment holding segment consists of investments in associates and joint ventures. Others segment involves other activities that do not fall into the activities of the other segments.

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