Zen Tech International Bhd (XKLS:0094) Debt-to-Equity : 0.05 (As of Mar. 2024)

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What is Zen Tech International Bhd Debt-to-Equity?

Zen Tech International Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM1.69 Mil. Zen Tech International Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM1.97 Mil. Zen Tech International Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM78.07 Mil. Zen Tech International Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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

XKLS:0094' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.07 Max: 0.3
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Zen Tech International Bhd was 0.30. The lowest was 0.05. And the median was 0.07.

XKLS:0094's Debt-to-Equity is ranked better than
80.09% of 698 companies
in the Medical Devices & Instruments industry
Industry Median: 0.215 vs XKLS:0094: 0.05

Zen Tech International Bhd Debt-to-Equity Historical Data

The historical data trend for Zen Tech International 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.

Zen Tech International Bhd Debt-to-Equity Chart

Zen Tech International Bhd Annual Data

Trend

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jun22

Jun23

Debt-to-Equity

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0.30

0.07

Zen Tech International Bhd Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Apr20	Jul20	Oct20	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.07	0.06	0.05	0.05

Competitive Comparison of Zen Tech International Bhd's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, Zen Tech International 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.

Zen Tech International Bhd's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zen Tech International Bhd's Debt-to-Equity distribution charts can be found below:

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

Zen Tech International Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zen Tech International 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
	=	(3.442	+	1.967)	/	76.329
	=	0.07

Zen Tech International 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
	=	(1.688	+	1.966)	/	78.069
	=	0.05

Zen Tech International Bhd (XKLS:0094) 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.

Zen Tech International Bhd Debt-to-Equity Related Terms

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Zen Tech International Bhd (XKLS:0094) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zen Tech International Bhd (XKLS:0094) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lingkaran Syed Putra, Unit No. 53-6 The Boulevard, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.ztech.com.my

Zen Tech International Bhd is a is Malaysia-based investment holding company. The company and its subsidiaries are predominantly engaged in software development, system integration, IT management consulting, and other related professional services. segments, The company operates in three business segments namely, the Software and Books segment, which comprises of software development and system integration solutions; the Gloves segment, which comprises the manufacturing of rubber gloves, and the Corporate segment, which comprises of investment holdings and other related services. Substantial portion of its overall revenue is generated from the Gloves segment and majority of its revenue is generated from the Malaysian market.

Zen Tech International Bhd (XKLS:0094) Headlines

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