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SKK (SKK Holdings) Debt-to-Equity : 3.23 (As of Dec. 2023)


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What is SKK Holdings Debt-to-Equity?

SKK Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.53 Mil. SKK Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.10 Mil. SKK Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2.05 Mil. SKK Holdings's debt to equity for the quarter that ended in Dec. 2023 was 3.23.

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 SKK Holdings's Debt-to-Equity or its related term are showing as below:

SKK' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.15   Med: 2.49   Max: 3.23
Current: 3.23

During the past 3 years, the highest Debt-to-Equity Ratio of SKK Holdings was 3.23. The lowest was 1.15. And the median was 2.49.

SKK's Debt-to-Equity is ranked worse than
96.04% of 1564 companies
in the Construction industry
Industry Median: 0.44 vs SKK: 3.23

SKK Holdings Debt-to-Equity Historical Data

The historical data trend for SKK Holdings'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.

SKK Holdings Debt-to-Equity Chart

SKK Holdings Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
1.15 2.49 3.23

SKK Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity 1.15 N/A 2.49 1.93 3.23

Competitive Comparison of SKK Holdings's Debt-to-Equity

For the Engineering & Construction subindustry, SKK Holdings'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.

SKK Holdings's Debt-to-Equity Distribution in the Construction Industry

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

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


SKK Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SKK Holdings'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
=(4.525 + 2.1) / 2.053
=3.23

SKK Holdings'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
=(4.525 + 2.1) / 2.053
=3.23

* 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.

SKK Holdings  (NAS:SKK) 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.

SKK Holdings Debt-to-Equity Related Terms

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SKK Holdings Business Description

Industry
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Comparable Companies
Traded in Other Exchanges
N/A
Address
27 First Lok Yang Road, Singapore, SGP
Website
https://www.skkworks.com.sg
SKK Holdings Ltd is a civil engineering service provider that specializes in subsurface utility works in Singapore. It construct and maintain various public works and infrastructure projects that serve the society and the environment. Its projects are primarily the subsurface work related to projects undertaken by the Public Utilities Board (PUB) and Singapore Telecommunications Limited. The nature of these projects is related to repairing of pumping mains, sewer maintenance and pipe cable laying.