Keck Seng (Malaysia) Bhd (XKLS:3476) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Keck Seng (Malaysia) Bhd Debt-to-Equity?

Keck Seng (Malaysia) Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM16 Mil. Keck Seng (Malaysia) Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM68 Mil. Keck Seng (Malaysia) Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM2,736 Mil. Keck Seng (Malaysia) Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Keck Seng (Malaysia) Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:3476' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.11 Max: 0.14
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Keck Seng (Malaysia) Bhd was 0.14. The lowest was 0.03. And the median was 0.11.

XKLS:3476's Debt-to-Equity is ranked better than
92.9% of 1648 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs XKLS:3476: 0.03

Keck Seng (Malaysia) Bhd Debt-to-Equity Historical Data

The historical data trend for Keck Seng (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.

Keck Seng (Malaysia) Bhd Debt-to-Equity Chart

Keck Seng (Malaysia) Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.11

0.10

0.07

0.03

Keck Seng (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															0.07	0.07	0.03	0.04	0.03

Competitive Comparison of Keck Seng (Malaysia) Bhd's Debt-to-Equity

For the Farm Products subindustry, Keck Seng (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.

Keck Seng (Malaysia) Bhd's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Keck Seng (Malaysia) Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Keck Seng (Malaysia) Bhd's Debt-to-Equity falls into.

Keck Seng (Malaysia) Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Keck Seng (Malaysia) 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
	=	(15.555	+	67.913)	/	2735.957
	=	0.03

Keck Seng (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
	=	(15.555	+	67.913)	/	2735.957
	=	0.03

Keck Seng (Malaysia) Bhd (XKLS:3476) 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.

Keck Seng (Malaysia) Bhd Debt-to-Equity Related Terms

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

Keck Seng (Malaysia) Bhd (XKLS:3476) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Keck Seng (Malaysia) Bhd (XKLS:3476) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

13th Floor, City Plaza, Suite 1301, Johor Bahru, JHR, MYS, 80300

Website

https://www.my.keckseng.com

Keck Seng (Malaysia) Bhd is a Malaysia based company engaged in the business of palm oil cultivation and manufacturing. In addition, it is also involved in the business activities of property development and investment, and hotels and resorts ownership. The operating segments of the company are Manufacturing, Hotels and resort, Property, and Plantations. It generates the majority of the revenue from the Manufacturing segment which relates to the processing and marketing of refined palm oil products. The group's operations are carried out principally in Malaysia, Singapore, Hong Kong, Canada, and the United States of America of which key revenue is derived from Malaysia.

Keck Seng (Malaysia) Bhd (XKLS:3476) Headlines

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