Ancom Logistics Bhd (XKLS:0048) Debt-to-Equity : 0.62 (As of Feb. 2024)

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What is Ancom Logistics Bhd Debt-to-Equity?

Ancom Logistics Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was RM1.17 Mil. Ancom Logistics Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was RM11.57 Mil. Ancom Logistics Bhd's Total Stockholders Equity for the quarter that ended in Feb. 2024 was RM20.54 Mil. Ancom Logistics Bhd's debt to equity for the quarter that ended in Feb. 2024 was 0.62.

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

XKLS:0048' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.17 Max: 0.62
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Ancom Logistics Bhd was 0.62. The lowest was 0.02. And the median was 0.17.

XKLS:0048's Debt-to-Equity is ranked worse than
54.52% of 884 companies
in the Transportation industry
Industry Median: 0.55 vs XKLS:0048: 0.62

Ancom Logistics Bhd Debt-to-Equity Historical Data

The historical data trend for Ancom Logistics 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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Ancom Logistics Bhd Debt-to-Equity Chart

Ancom Logistics Bhd Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Debt-to-Equity

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0.34

0.44

0.29

0.17

Ancom Logistics Bhd Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.19	0.17	0.25	0.51	0.62

Competitive Comparison of Ancom Logistics Bhd's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Ancom Logistics 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.

Ancom Logistics Bhd's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ancom Logistics Bhd's Debt-to-Equity distribution charts can be found below:

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

Ancom Logistics Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ancom Logistics Bhd's Debt to Equity Ratio for the fiscal year that ended in May. 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
	=	(1.952	+	1.751)	/	21.368
	=	0.17

Ancom Logistics Bhd's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(1.174	+	11.565)	/	20.538
	=	0.62

Ancom Logistics Bhd (XKLS:0048) 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.

Ancom Logistics Bhd Debt-to-Equity Related Terms

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Ancom Logistics Bhd (XKLS:0048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ancom Logistics Bhd (XKLS:0048) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 2A, Jalan 13/2, Seksyen 13, Petaling Jaya, SGR, MYS, 46200

Website

http://www.ancomlogistics.com.my

Ancom Logistics Bhd is an investment holding company. It operates through two segments: Logistics and Other. The company generates maximum revenue from the Logistics segment. Its Logistics segment is in the business of providing services, such as rental and transportation services as well as includes freight forwarding, packing and crafting services. Geographically, it derives a majority of revenue from Malaysia.

Ancom Logistics Bhd (XKLS:0048) Headlines

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