Wegmans Holdings Bhd (XKLS:0197) Debt-to-Equity : 0.32 (As of Dec. 2023)

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What is Wegmans Holdings Bhd Debt-to-Equity?

Wegmans Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM14.7 Mil. Wegmans Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM26.7 Mil. Wegmans Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM128.2 Mil. Wegmans Holdings Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.32.

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

XKLS:0197' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.44 Max: 0.83
Current: 0.32

During the past 10 years, the highest Debt-to-Equity Ratio of Wegmans Holdings Bhd was 0.83. The lowest was 0.22. And the median was 0.44.

XKLS:0197's Debt-to-Equity is ranked better than
51.83% of 382 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.345 vs XKLS:0197: 0.32

Wegmans Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Wegmans Holdings 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.

Wegmans Holdings Bhd Debt-to-Equity Chart

Wegmans Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.32

0.45

0.61

0.43

0.32

Wegmans Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.43	0.39	0.36	0.35	0.32

Competitive Comparison of Wegmans Holdings Bhd's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Wegmans Holdings 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.

Wegmans Holdings Bhd's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Wegmans Holdings Bhd's Debt-to-Equity distribution charts can be found below:

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

Wegmans Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wegmans Holdings 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
	=	(14.702	+	26.694)	/	128.206
	=	0.32

Wegmans Holdings Bhd's Debt to Equity Ratio for the quarter 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
	=	(14.702	+	26.694)	/	128.206
	=	0.32

Wegmans Holdings Bhd (XKLS:0197) 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.

Wegmans Holdings Bhd Debt-to-Equity Related Terms

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

Wegmans Holdings Bhd (XKLS:0197) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Wegmans Holdings Bhd (XKLS:0197) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot PTD 6967, Jalan Kempas 3, Kawasan Perindustrian Bakri, Muar, JHR, MYS, 84200

Website

https://www.wegmans.com.my

Wegmans Holdings Bhd is an investment holding company. Through its subsidiary, the company is involved in the design, manufacture, and sale of home furniture products. It serves wholesalers, retailers, chain stores, and traders. The company has two operating segments; the Furniture manufacturing segment encompasses the business of design, manufacture, and sale of home furniture products, and The hardware manufacturing segment is involved in the business of manufacturing and sale of screws, nuts, and spare parts. It derives a majority of its revenue from the Furniture manufacturing segment.

Wegmans Holdings Bhd (XKLS:0197) Headlines

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