Alliance Bank Malaysia Bhd (XKLS:2488) Debt-to-Equity : 0.24 (As of Dec. 2023)

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What is Alliance Bank Malaysia Bhd Debt-to-Equity?

Alliance Bank Malaysia Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0 Mil. Alliance Bank Malaysia Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1,692 Mil. Alliance Bank Malaysia Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM6,983 Mil. Alliance Bank Malaysia Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

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 Alliance Bank Malaysia Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:2488' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.25 Max: 0.39
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Alliance Bank Malaysia Bhd was 0.39. The lowest was 0.14. And the median was 0.25.

XKLS:2488's Debt-to-Equity is ranked better than
78.43% of 1391 companies
in the Banks industry
Industry Median: 0.65 vs XKLS:2488: 0.24

Alliance Bank Malaysia Bhd Debt-to-Equity Historical Data

The historical data trend for Alliance Bank Malaysia 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.

Alliance Bank Malaysia Bhd Debt-to-Equity Chart

Alliance Bank Malaysia Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.26

0.28

0.27

0.25

Alliance Bank Malaysia Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.26	0.25	0.25	0.25	0.24

Competitive Comparison of Alliance Bank Malaysia Bhd's Debt-to-Equity

For the Banks - Regional subindustry, Alliance Bank Malaysia 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.

Alliance Bank Malaysia Bhd's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Alliance Bank Malaysia Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Alliance Bank Malaysia Bhd's Debt-to-Equity falls into.

Alliance Bank Malaysia Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alliance Bank Malaysia Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 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	+	1684.753)	/	6746.649
	=	0.25

Alliance Bank Malaysia 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	+	1692.103)	/	6983.338
	=	0.24

Alliance Bank Malaysia Bhd (XKLS:2488) 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.

Alliance Bank Malaysia Bhd Debt-to-Equity Related Terms

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

Alliance Bank Malaysia Bhd (XKLS:2488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alliance Bank Malaysia Bhd (XKLS:2488) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jalan Munshi Abdullah, 3rd Floor, Menara Multi-Purpose, Capital Square, Kuala Lumpur, SGR, MYS, 50100

Website

https://www.alliancebank.com.my

Alliance Bank Malaysia Bhd is a Malaysia-based company engaged in providing banking and financial services. Its segments consist of its consumer banking segment, which offers personal banking solutions, including mortgages, credit cards, and wealth management. The business banking segment consists of small and midsize enterprise and wholesale banking and offers products and services, such as cash management, trade finance, treasury, and structured solutions. The financial markets segment offers money market, hedging, foreign exchange, wealth management, and stockbroking and corporate advisory segment. The stockbroking and corporate advisory cover stockbroking activities and corporate advisory and other segments. It generates maximum revenue from the business banking segment.

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