Vsolar Group Bhd (XKLS:0066) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Vsolar Group Bhd Debt-to-Equity?

Vsolar Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM0.22 Mil. Vsolar Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM1.14 Mil. Vsolar Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM115.94 Mil. Vsolar Group Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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

XKLS:0066' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.07
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Vsolar Group Bhd was 0.07. The lowest was 0.00. And the median was 0.02.

XKLS:0066's Debt-to-Equity is ranked better than
99.95% of 2190 companies
in the Hardware industry
Industry Median: 0.29 vs XKLS:0066: 0.01

Vsolar Group Bhd Debt-to-Equity Historical Data

The historical data trend for Vsolar Group 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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Vsolar Group Bhd Debt-to-Equity Chart

Vsolar Group Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.01

0.07

0.02

Vsolar Group Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.01

Competitive Comparison of Vsolar Group Bhd's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Vsolar Group 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.

Vsolar Group Bhd's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vsolar Group Bhd's Debt-to-Equity distribution charts can be found below:

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

Vsolar Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vsolar Group Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.391	+	1.26)	/	91.466
	=	0.02

Vsolar Group Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0.22	+	1.142)	/	115.936
	=	0.01

Vsolar Group Bhd (XKLS:0066) 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.

Vsolar Group Bhd Debt-to-Equity Related Terms

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Vsolar Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vsolar Group Bhd (XKLS:0066) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 8, Persiaran Tropicana, Lot 13.3, 13th Floor, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410

Website

https://www.vsolar.com.my

Vsolar Group Bhd is an investment holding company as well as renewable energy, media publishing, software solutions and production house based in Malaysia. The company's operating segment includes Engineering works; Trading; Solar Energy and Others. It generates maximum revenue from the Trading segment. The trading segment is engaged in the trading of computer hardware. The solar energy segment is engaged in the supply of solar energy. Other segments comprise investment holding, trading, and distribution of software, providing information technology services and dormant companies. Geographically, it operates only in Malaysia. Engineering works segment engaged in Business of engineering solutions provider in connection with renewal energy business and other related engineering works.

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