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Sin-Kung Logistics Bhd (XKLS:0305) Debt-to-Equity : 1.02 (As of Dec. 2024)


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What is Sin-Kung Logistics Bhd Debt-to-Equity?

Sin-Kung Logistics Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM9.58 Mil. Sin-Kung Logistics Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM76.32 Mil. Sin-Kung Logistics Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM84.26 Mil. Sin-Kung Logistics Bhd's debt to equity for the quarter that ended in Dec. 2024 was 1.02.

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 Sin-Kung Logistics Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0305' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.96   Med: 1.08   Max: 1.51
Current: 1.02

During the past 5 years, the highest Debt-to-Equity Ratio of Sin-Kung Logistics Bhd was 1.51. The lowest was 0.96. And the median was 1.08.

XKLS:0305's Debt-to-Equity is ranked worse than
71.3% of 899 companies
in the Transportation industry
Industry Median: 0.51 vs XKLS:0305: 1.02

Sin-Kung Logistics Bhd Debt-to-Equity Historical Data

The historical data trend for Sin-Kung Logistics 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.

Sin-Kung Logistics Bhd Debt-to-Equity Chart

Sin-Kung Logistics Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
1.51 1.08 0.96 1.45 1.02

Sin-Kung Logistics Bhd Quarterly Data
Dec20 Dec21 Dec22 Dec23 Jun24 Sep24 Dec24
Debt-to-Equity Get a 7-Day Free Trial 0.96 1.45 0.87 0.78 1.02

Competitive Comparison of Sin-Kung Logistics Bhd's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Sin-Kung Logistics 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.

Sin-Kung Logistics Bhd's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sin-Kung Logistics Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sin-Kung Logistics Bhd's Debt-to-Equity falls into.


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Sin-Kung Logistics Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sin-Kung Logistics 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
=(9.579 + 76.322) / 84.261
=1.02

Sin-Kung Logistics 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
=(9.579 + 76.322) / 84.261
=1.02

* 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.

Sin-Kung Logistics Bhd  (XKLS:0305) 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.

Sin-Kung Logistics Bhd Debt-to-Equity Related Terms

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Sin-Kung Logistics Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sin-Kung Logistics Bhd (XKLS:0305) » Definitions » Debt-to-Equity
Comparable Companies
XKLS:0268 XKLS:4634 XKLS:7117 XKLS:0080 XKLS:7218 XKLS:0299 XKLS:0282 XKLS:7053 XKLS:0048 XKLS:0199 UPS FDX XTER:DHL OCSE:DSV SZSE:002352 XSWX:KNIN ZTO EXPD JBHT CHRW
Traded in Other Exchanges
N/A
Address
Jalan Bukit Kemuning, Lot 1928, Shah Alam, SGR, MYS, 40460
Website
https://www.sinkung.my
Sin-Kung Logistics Bhd is a integrated logistics service provider. It is involved in the provision of trucking services with a focus on airport-to-airport road feeder services and also provide container haulage services, warehousing and distribution services and other logistics related services.

Sin-Kung Logistics Bhd Headlines

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