GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Carzo Holdings Bhd (XKLS:03048) » Definitions » Debt-to-Equity

Carzo Holdings Bhd (XKLS:03048) Debt-to-Equity : -1.41 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Carzo Holdings Bhd Debt-to-Equity?

Carzo Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM8.28 Mil. Carzo Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM2.99 Mil. Carzo Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM-7.99 Mil. Carzo Holdings Bhd's debt to equity for the quarter that ended in Dec. 2023 was -1.41.

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

XKLS:03048' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.67   Med: 0.73   Max: 1.96
Current: -1.41

During the past 2 years, the highest Debt-to-Equity Ratio of Carzo Holdings Bhd was 1.96. The lowest was -4.67. And the median was 0.73.

XKLS:03048's Debt-to-Equity is not ranked
in the Retail - Defensive industry.
Industry Median: 0.595 vs XKLS:03048: -1.41

Carzo Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Carzo 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.

Carzo Holdings Bhd Debt-to-Equity Chart

Carzo Holdings Bhd Annual Data
Trend Dec19 Dec20
Debt-to-Equity
-4.67 1.96

Carzo Holdings Bhd Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec23
Debt-to-Equity Get a 7-Day Free Trial 1.96 N/A 0.73 0.93 -1.41

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

For the Food Distribution subindustry, Carzo 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.

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

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

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


Carzo Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Carzo Holdings Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
=(2.985 + 2.37) / 2.733
=1.96

Carzo 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
=(8.277 + 2.993) / -7.991
=-1.41

* 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.

Carzo Holdings Bhd  (XKLS:03048) 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.

Carzo Holdings Bhd Debt-to-Equity Related Terms

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

Carzo Holdings Bhd (XKLS:03048) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Carzo Holdings Bhd (XKLS:03048) » Definitions » Debt-to-Equity
Comparable Companies
NGO:8145 XPAR:ALECO OSTO:LMKG TSE:3143 SGX:K03 HKSE:08413 TSE:7538 TSE:2683 ISX:KMDS KAR:MFL
Traded in Other Exchanges
N/A
Address
No. 6, Jalan Persiaran Industri, SD5, Bandar Sri Damansara, Wilayah Persekutuan, Kuala Lumpur, MYS, 52200
Website
https://www.carzo.com.my
Carzo Holdings Bhd is a fruit wholesalers, distributors and importers in the nation. It supplies to numerous top supermarkets and hypermarkets nationwide.

Carzo Holdings Bhd (XKLS:03048) Headlines

No Headlines