CC International Bhd (XKLS:03053) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is CC International Bhd Debt-to-Equity?

CC International Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.81 Mil. CC International Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4.74 Mil. CC International Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM82.15 Mil. CC International Bhd's debt to equity for the quarter that ended in Dec. 2023 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 CC International Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:03053' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.07 Max: 0.11
Current: 0.07

During the past 5 years, the highest Debt-to-Equity Ratio of CC International Bhd was 0.11. The lowest was 0.04. And the median was 0.07.

XKLS:03053's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.375 vs XKLS:03053: 0.07

CC International Bhd Debt-to-Equity Historical Data

The historical data trend for CC International 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.

CC International Bhd Debt-to-Equity Chart

CC International Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.07

0.04

0.10

0.11

0.07

CC International Bhd Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.10	0.03	0.11	0.10	0.07

Competitive Comparison of CC International Bhd's Debt-to-Equity

For the Specialty Business Services subindustry, CC International 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.

CC International Bhd's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CC International Bhd's Debt-to-Equity distribution charts can be found below:

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

CC International Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CC International 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
	=	(0.805	+	4.735)	/	82.146
	=	0.07

CC International 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
	=	(0.805	+	4.735)	/	82.146
	=	0.07

CC International Bhd (XKLS:03053) 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.

CC International Bhd Debt-to-Equity Related Terms

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

CC International Bhd (XKLS:03053) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CC International Bhd (XKLS:03053) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Jalan Klang Lama, 8-4, Jalan 2/114 Kuchai Business Centre, Kuala Lumpur, SGR, MYS, 58200

Website

https://www.chengco.com.my

CC International Bhd is a home-grown multidisciplinary professional service provider. The company's services include GBS - Accounting and business service outsourcing, Tax services, Corporate secretarial services, Business consultancy services, and Wealth management services. Its clients comprises corporate clients such as SMEs, large private corporations, public listed companies, multinational corporations, government institutions and foundations as well as individual clients.

CC International Bhd (XKLS:03053) Headlines

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