Cengild Medical Bhd (XKLS:0243) Debt-to-Equity : 0.13 (As of Mar. 2024)

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What is Cengild Medical Bhd Debt-to-Equity?

Cengild Medical Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM1.38 Mil. Cengild Medical Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM12.56 Mil. Cengild Medical Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM109.72 Mil. Cengild Medical Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.13.

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

XKLS:0243' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.16 Max: 8.37
Current: 0.13

During the past 6 years, the highest Debt-to-Equity Ratio of Cengild Medical Bhd was 8.37. The lowest was 0.13. And the median was 0.16.

XKLS:0243's Debt-to-Equity is ranked better than
74.28% of 552 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs XKLS:0243: 0.13

Cengild Medical Bhd Debt-to-Equity Historical Data

The historical data trend for Cengild Medical 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.

Cengild Medical Bhd Debt-to-Equity Chart

Cengild Medical Bhd Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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5.75

2.96

1.76

0.17

0.14

Cengild Medical Bhd Quarterly Data
	Jun18	Jun19	Jun20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial										0.16	0.14	0.14	0.13	0.13

Competitive Comparison of Cengild Medical Bhd's Debt-to-Equity

For the Medical Care Facilities subindustry, Cengild Medical 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.

Cengild Medical Bhd's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Cengild Medical Bhd's Debt-to-Equity distribution charts can be found below:

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

Cengild Medical Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cengild Medical 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
	=	(1.331	+	13.602)	/	106.108
	=	0.14

Cengild Medical 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
	=	(1.377	+	12.564)	/	109.718
	=	0.13

Cengild Medical Bhd (XKLS:0243) 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.

Cengild Medical Bhd Debt-to-Equity Related Terms

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Cengild Medical Bhd (XKLS:0243) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cengild Medical Bhd (XKLS:0243) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.7, Jalan Kerinchi, Unit 2-3 & 2-4, Level 2, Nexus, Bangsar South, Kuala Lumpur, MYS, 59200

Website

https://www.cengild.com

Cengild Medical Bhd is a healthcare service provider operating a medical centre specialising in the diagnosis and treatment of gastrointestinal related oncology and gynaecology services., liver diseases and obesity. The company operates in Malaysia and has two reportable segments, Consultant Services and Medical Management Services. A substantial portion of the overall revenue is generated from its Medical Management Services segment.

Cengild Medical Bhd (XKLS:0243) Headlines

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