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Asdion Bhd (XKLS:0068) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Asdion Bhd Debt-to-Equity?

Asdion Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.14 Mil. Asdion Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.16 Mil. Asdion Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM27.36 Mil. Asdion Bhd's debt to equity for the quarter that ended in Dec. 2023 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 Asdion Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0068' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.15   Max: 0.49
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Asdion Bhd was 0.49. The lowest was 0.01. And the median was 0.15.

XKLS:0068's Debt-to-Equity is ranked better than
99.79% of 473 companies
in the Conglomerates industry
Industry Median: 0.56 vs XKLS:0068: 0.01

Asdion Bhd Debt-to-Equity Historical Data

The historical data trend for Asdion 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.

* Premium members only.

Asdion Bhd Debt-to-Equity Chart

Asdion Bhd Annual Data
Trend Dec09 Dec10 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep20 Sep21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.15 0.41 0.34 0.13

Asdion Bhd Quarterly Data
Jun18 Sep18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.07 0.01 0.01 0.01

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

For the Conglomerates subindustry, Asdion 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.


Asdion Bhd's Debt-to-Equity Distribution in the Conglomerates Industry

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

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



Asdion Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asdion Bhd's Debt to Equity Ratio for the fiscal year that ended in Sep. 2021 is calculated as

Asdion Bhd's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Asdion Bhd  (XKLS:0068) 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.


Asdion Bhd Debt-to-Equity Related Terms

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


Asdion Bhd (XKLS:0068) Business Description

Traded in Other Exchanges
N/A
Address
SO-13A-3A, Menara 1, No. 3, Jalan Bangsar, KL Eco City, Kuala Lumpur, SGR, MYS, 59200
Asdion Bhd is an investment holding company. It is engaged in logistics businesses, commodity trading, and property development. The company also operates in software development and activities related to information and communication technologies.

Asdion Bhd (XKLS:0068) Headlines

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