Berjaya Assets Bhd (XKLS:3239) Debt-to-Equity : 0.35 (As of Dec. 2023)

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What is Berjaya Assets Bhd Debt-to-Equity?

Berjaya Assets Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM136.9 Mil. Berjaya Assets Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM518.7 Mil. Berjaya Assets Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM1,890.4 Mil. Berjaya Assets Bhd's debt to equity for the quarter that ended in Dec. 2023 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 Berjaya Assets Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:3239' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.37 Max: 0.41
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of Berjaya Assets Bhd was 0.41. The lowest was 0.23. And the median was 0.37.

XKLS:3239's Debt-to-Equity is ranked better than
63.91% of 471 companies
in the Conglomerates industry
Industry Median: 0.56 vs XKLS:3239: 0.35

Berjaya Assets Bhd Debt-to-Equity Historical Data

The historical data trend for Berjaya Assets 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.

Berjaya Assets Bhd Debt-to-Equity Chart

Berjaya Assets Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.37

0.38

0.39

0.37

Berjaya Assets 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															0.38	0.38	0.37	0.36	0.35

Competitive Comparison of Berjaya Assets Bhd's Debt-to-Equity

For the Conglomerates subindustry, Berjaya Assets 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.

Berjaya Assets Bhd's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Berjaya Assets Bhd's Debt-to-Equity distribution charts can be found below:

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

Berjaya Assets Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Berjaya Assets Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(143.761	+	549.647)	/	1895.866
	=	0.37

Berjaya Assets 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
	=	(136.918	+	518.716)	/	1890.436
	=	0.35

Berjaya Assets Bhd (XKLS:3239) 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.

Berjaya Assets Bhd Debt-to-Equity Related Terms

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

Berjaya Assets Bhd (XKLS:3239) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Berjaya Assets Bhd (XKLS:3239) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 12, Berjaya Times Square, No. 1 Jalan Imbi, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.berjaya.com

Berjaya Assets Bhd is an investment holding company. The company's business segments are gaming and related activities, Property development and property investment, and Recreation and others. Group operates various forecast lotteries in Sarawak, as well as provides lottery consultancy and related services. It is also involved in the investment and development of properties; operation of a hotel, theme park, and car park; management of a ferry terminal; and leasing of a theatre, as well as general trading and provision of commission agency services. Business activity of Berjaya is predominantly functioned through Malaysia. The company generates maximum revenue from Property development and property investment segment.

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