Wellspire Holdings Bhd (XKLS:0271) Debt-to-Equity : 0.07 (As of Mar. 2024)

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What is Wellspire Holdings Bhd Debt-to-Equity?

Wellspire Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM3.3 Mil. Wellspire Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM0.5 Mil. Wellspire Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM52.3 Mil. Wellspire Holdings Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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

XKLS:0271' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.18 Max: 2.49
Current: 0.07

During the past 5 years, the highest Debt-to-Equity Ratio of Wellspire Holdings Bhd was 2.49. The lowest was 0.06. And the median was 0.18.

XKLS:0271's Debt-to-Equity is ranked better than
86.96% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.585 vs XKLS:0271: 0.07

Wellspire Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Wellspire 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.

Wellspire Holdings Bhd Debt-to-Equity Chart

Wellspire Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.49

0.51

1.19

0.28

0.07

Wellspire Holdings Bhd Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial							0.07	0.07	0.06	0.07	0.07

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

For the Food Distribution subindustry, Wellspire 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.

Wellspire Holdings Bhd's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wellspire Holdings Bhd's Debt-to-Equity distribution charts can be found below:

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

Wellspire Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wellspire 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
	=	(3.101	+	0.649)	/	52.699
	=	0.07

Wellspire Holdings 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
	=	(3.306	+	0.547)	/	52.261
	=	0.07

Wellspire Holdings Bhd (XKLS:0271) 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.

Wellspire Holdings Bhd Debt-to-Equity Related Terms

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Wellspire Holdings Bhd (XKLS:0271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Wellspire Holdings Bhd (XKLS:0271) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Jalan Pinang, Lot D/E, Level 12, Tower 1, Etiqa Twins, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450

Website

https://www.wellspireholdings.com

Wellspire Holdings Bhd is engaged in the distribution and online retailing of consumer packaged foods. The group's snack foods are sourced locally from Thailand and imported from China. The company's distributed product range includes Sunflower seeds, Other seeds and nuts, and Baked and confectionery products. It distributes two third-party brands and three own brands, with a total of 43 SKUs of snack foods.

Wellspire Holdings Bhd (XKLS:0271) Headlines

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