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HE Group Bhd (XKLS:0296) Debt-to-Equity : 0.05 (As of Sep. 2024)


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What is HE Group Bhd Debt-to-Equity?

HE Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM0.9 Mil. HE Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM2.1 Mil. HE Group Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2024 was RM58.5 Mil. HE Group Bhd's debt to equity for the quarter that ended in Sep. 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 HE Group Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0296' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.07   Max: 0.64
Current: 0.05

During the past 3 years, the highest Debt-to-Equity Ratio of HE Group Bhd was 0.64. The lowest was 0.05. And the median was 0.07.

XKLS:0296's Debt-to-Equity is ranked better than
88.5% of 1565 companies
in the Construction industry
Industry Median: 0.44 vs XKLS:0296: 0.05

HE Group Bhd Debt-to-Equity Historical Data

The historical data trend for HE Group 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.

HE Group Bhd Debt-to-Equity Chart

HE Group Bhd Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Equity
0.50 0.53 0.64

HE Group Bhd Quarterly Data
Dec20 Dec21 Dec22 Aug23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial 0.64 0.07 0.06 0.05 0.05

Competitive Comparison of HE Group Bhd's Debt-to-Equity

For the Engineering & Construction subindustry, HE Group 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.

HE Group Bhd's Debt-to-Equity Distribution in the Construction Industry

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

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


HE Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HE Group Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(9.004 + 1.173) / 15.89
=0.64

HE Group Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(0.86 + 2.113) / 58.526
=0.05

* 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.

HE Group Bhd  (XKLS:0296) 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.

HE Group Bhd Debt-to-Equity Related Terms

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

HE Group Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » HE Group Bhd (XKLS:0296) » Definitions » Debt-to-Equity
Comparable Companies
XKLS:0328 XKLS:5932 XKLS:8311 XKLS:9571 XKLS:9261 XKLS:9598 XKLS:0192 XKLS:3204 XKLS:7047 XKLS:0292 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 J SHSE:601186
Traded in Other Exchanges
N/A
Address
No. 42, Jalan OP 1/5, Pusat Perdagangan One Puchong, Puchong, SGR, MYS, 47160
Website
https://www.hexatech.com.my
HE Group Bhd is an electrical engineering service provider focusing on power distribution systems for end user premises such as industrial plants, and industrial and commercial substations. It is involved in the design, supply, installation, testing, and commissioning of HV, MV, LV, and ELV power distribution systems, as well as hook-up and retrofitting of electrical equipment. It also provides other building systems and works including mechanical systems, control, and instrumentation systems, as well as civil, structural, and architectural works. Its segment includes, namely the provision of power distribution systems, other building systems and works, electrical equipment hook-up and retrofitting, and trading sectors in Malaysia. Maximum revenue is generated from power distribution.

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