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Solar District Cooling Group Bhd (XKLS:0321) Debt-to-Equity : 0.00 (As of Dec. 2024)


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What is Solar District Cooling Group Bhd Debt-to-Equity?

Solar District Cooling Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM0.07 Mil. Solar District Cooling Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM0.15 Mil. Solar District Cooling Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM62.69 Mil. Solar District Cooling Group Bhd's debt to equity for the quarter that ended in Dec. 2024 was 0.00.

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

During the past 5 years, the highest Debt-to-Equity Ratio of Solar District Cooling Group Bhd was 0.08. The lowest was 0.00. And the median was 0.07.

XKLS:0321's Debt-to-Equity is not ranked *
in the Business Services industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Solar District Cooling Group Bhd Debt-to-Equity Historical Data

The historical data trend for Solar District Cooling 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.

Solar District Cooling Group Bhd Debt-to-Equity Chart

Solar District Cooling Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
0.08 0.08 0.07 0.04 -

Solar District Cooling Group Bhd Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity 0.08 0.08 0.07 0.04 -

Competitive Comparison of Solar District Cooling Group Bhd's Debt-to-Equity

For the Specialty Business Services subindustry, Solar District Cooling 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.

Solar District Cooling Group Bhd's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Solar District Cooling Group Bhd's Debt-to-Equity distribution charts can be found below:

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


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Solar District Cooling Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Solar District Cooling 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
=(0.068 + 0.145) / 62.688
=0.00

Solar District Cooling 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
=(0.068 + 0.145) / 62.688
=0.00

* 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.

Solar District Cooling Group Bhd  (XKLS:0321) 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.

Solar District Cooling Group Bhd Debt-to-Equity Related Terms

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Solar District Cooling Group Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Solar District Cooling Group Bhd (XKLS:0321) » Definitions » Debt-to-Equity
Comparable Companies
XKLS:0213 XKLS:0099 XKLS:0039 XKLS:0064 XKLS:7374 XKLS:5231 XKLS:9008 XKLS:0167 XKLS:3107 XKLS:0140 LSE:REL CTAS TSX:TRI CPRT XAMS:WKL GPN TSX:RBA ASX:BXB LSE:RTO ULS
Traded in Other Exchanges
N/A
Address
Jalan Kajang Perdana 3/2, Wisma SDC No. 25, Taman Kajang Perdana, Kajang, SGR, MYS, 43000
Website
https://www.sdc.my
Solar District Cooling Group Bhd is principally involved in the provision and maintenance of BMS, solar thermal systems, other systems and equipment and other energy services. Its wholly-owned subsidiary is principally involved in mechanical and electrical works, and project management services.

Solar District Cooling Group Bhd Headlines

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