TSA Group Bhd (XKLS:0297) Debt-to-Equity : 0.41 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is TSA Group Bhd Debt-to-Equity?

TSA Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM64.2 Mil. TSA Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM9.8 Mil. TSA Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM182.4 Mil. TSA Group Bhd's debt to equity for the quarter that ended in Dec. 2024 was 0.41.

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

XKLS:0297' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.46 Max: 0.57
Current: 0.41

During the past 5 years, the highest Debt-to-Equity Ratio of TSA Group Bhd was 0.57. The lowest was 0.41. And the median was 0.46.

XKLS:0297's Debt-to-Equity is ranked better than
52.89% of 554 companies
in the Steel industry
Industry Median: 0.44 vs XKLS:0297: 0.41

TSA Group Bhd Debt-to-Equity Historical Data

The historical data trend for TSA 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.

TSA Group Bhd Debt-to-Equity Chart

TSA Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

0.47

0.57

0.44

N/A

0.41

TSA Group Bhd Quarterly Data
	Dec20	Dec21	Dec22	Aug23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial				N/A	0.35	0.39	0.38	0.41

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

For the Steel subindustry, TSA 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.

TSA Group Bhd's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, TSA Group Bhd's Debt-to-Equity distribution charts can be found below:

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

Save Embed

;

Save Embed

;

TSA Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TSA Group Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(64.235	+	9.798)	/	182.405
	=	0.41

TSA Group Bhd's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(64.235	+	9.798)	/	182.405
	=	0.41

TSA Group Bhd (XKLS:0297) 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.

TSA Group Bhd Debt-to-Equity Related Terms

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

TSA Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » TSA Group Bhd (XKLS:0297) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 3998, Jalan 6/2A, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300

Website

https://www.tsa.com.my

TSA Group Bhd is engaged in trading, manufacturing and processing of metal products, mainly of stainless steel. It mainly trades in stainless steel plates, sheets, coils, pipes, square bars, flat bars, round bars, hexagon bars, angle bars, U-channels, chequered and perforated plates, shim and strips, wire, flanges, and pipe fittings. It also supplies products made from other metals comprising copper, aluminum, brass, bronze, lead, and carbon steel.

TSA Group Bhd Headlines

No Headlines