ECM Libra Group Bhd (XKLS:2143) Debt-to-Equity : 0.35 (As of Sep. 2024)

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What is ECM Libra Group Bhd Debt-to-Equity?

ECM Libra Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM40.71 Mil. ECM Libra Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM26.66 Mil. ECM Libra Group Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2024 was RM190.44 Mil. ECM Libra Group Bhd's debt to equity for the quarter that ended in Sep. 2024 was 0.35.

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

XKLS:2143' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.25 Max: 0.35
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of ECM Libra Group Bhd was 0.35. The lowest was 0.06. And the median was 0.25.

XKLS:2143's Debt-to-Equity is ranked better than
57.18% of 689 companies
in the Travel & Leisure industry
Industry Median: 0.44 vs XKLS:2143: 0.35

ECM Libra Group Bhd Debt-to-Equity Historical Data

The historical data trend for ECM Libra 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.

ECM Libra Group Bhd Debt-to-Equity Chart

ECM Libra Group Bhd Annual Data

Trend

Jan14

Jan15

Jan16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.24

0.26

0.25

0.27

ECM Libra Group Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.22	0.27	0.26	0.26	0.35

Competitive Comparison of ECM Libra Group Bhd's Debt-to-Equity

For the Lodging subindustry, ECM Libra 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.

ECM Libra Group Bhd's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ECM Libra Group Bhd's Debt-to-Equity distribution charts can be found below:

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

ECM Libra Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ECM Libra Group 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
	=	(33.287	+	17.686)	/	190.042
	=	0.27

ECM Libra Group Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(40.708	+	26.661)	/	190.441
	=	0.35

ECM Libra Group Bhd (XKLS:2143) 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.

ECM Libra Group Bhd Debt-to-Equity Related Terms

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ECM Libra Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ECM Libra Group Bhd (XKLS:2143) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Jalan Damansara Endah, Ground Floor, East Wing, Bangunan ECM Libra, Damansara Heights, Kuala Lumpur, MYS, 50490

Website

http://www.ecmlibra.com

ECM Libra Group Bhd is a Malaysia-based company, which is engaged in investment holding and provision of management services. The business of the company is classified into various segments which include Investment holding, Structured financing, and Hospitality. The investment holding segment includes general investments and corporate-related activities. The structured financing segment includes structured lending and financial services-related activities. The Hospitality segment includes management and operations of hotels and restaurants and investment in the hospitality-related business through joint ventures. The company generates the majority of its revenue from the Hospitality segment.

ECM Libra Group Bhd Headlines

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