JAG Bhd (XKLS:0024) Debt-to-Equity : 0.30 (As of Sep. 2024)

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What is JAG Bhd Debt-to-Equity?

JAG Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM32.5 Mil. JAG Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM31.2 Mil. JAG Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2024 was RM214.0 Mil. JAG Bhd's debt to equity for the quarter that ended in Sep. 2024 was 0.30.

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 JAG Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0024' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.13 Max: 0.32
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of JAG Bhd was 0.32. The lowest was 0.10. And the median was 0.13.

XKLS:0024's Debt-to-Equity is ranked better than
71.87% of 224 companies
in the Waste Management industry
Industry Median: 0.625 vs XKLS:0024: 0.30

JAG Bhd Debt-to-Equity Historical Data

The historical data trend for JAG 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.

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JAG Bhd Debt-to-Equity Chart

JAG Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.20

0.16

0.13

0.10

0.32

JAG Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.29	0.32	0.28	0.24	0.30

Competitive Comparison of JAG Bhd's Debt-to-Equity

For the Waste Management subindustry, JAG 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.

JAG Bhd's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, JAG Bhd's Debt-to-Equity distribution charts can be found below:

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

JAG Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JAG 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
	=	(28.703	+	39.024)	/	209.656
	=	0.32

JAG Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(32.5	+	31.151)	/	214.019
	=	0.30

JAG Bhd (XKLS:0024) 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.

JAG Bhd Debt-to-Equity Related Terms

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JAG Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » JAG Bhd (XKLS:0024) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

72A, Jalan Universiti, D65-3A, Block D, Jaya One, Petaling Jaya, SGR, MYS, 46200

Website

https://www.jagb.com.my

JAG Bhd is an investment holding company with five reportable segments: Manufacturing; Trading; Lifestyle and Services; Investment; Investment and Property Development. The Manufacturing Segment that derives the majority of revenue involves recycling and manufacturing activities of extraction, production, and refinery of ferrous, non-ferrous, and precious metals via industrial and electronic waste. Trading includes trading of ferrous and non-ferrous metals. Lifestyle and Services include operating a coin-operated laundry business. Property development includes buying, selling, and renting self-owned or leased real estate land, property development, and project management. It has operations in Malaysia, China, Japan and Others.

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