Ancom Nylex Bhd (XKLS:4758) Debt-to-Equity : 0.72 (As of Aug. 2024)

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What is Ancom Nylex Bhd Debt-to-Equity?

Ancom Nylex Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was RM287 Mil. Ancom Nylex Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was RM94 Mil. Ancom Nylex Bhd's Total Stockholders Equity for the quarter that ended in Aug. 2024 was RM525 Mil. Ancom Nylex Bhd's debt to equity for the quarter that ended in Aug. 2024 was 0.72.

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 Ancom Nylex Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:4758' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.63 Med: 0.94 Max: 1.33
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Ancom Nylex Bhd was 1.33. The lowest was 0.63. And the median was 0.94.

XKLS:4758's Debt-to-Equity is ranked worse than
73.32% of 1398 companies
in the Chemicals industry
Industry Median: 0.36 vs XKLS:4758: 0.72

Ancom Nylex Bhd Debt-to-Equity Historical Data

The historical data trend for Ancom Nylex 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.

Ancom Nylex Bhd Debt-to-Equity Chart

Ancom Nylex Bhd Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Debt-to-Equity

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1.15

0.94

1.15

0.83

0.65

Ancom Nylex Bhd Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Debt-to-Equity	Get a 7-Day Free Trial															0.71	0.65	0.63	0.65	0.72

Competitive Comparison of Ancom Nylex Bhd's Debt-to-Equity

For the Specialty Chemicals subindustry, Ancom Nylex 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.

Ancom Nylex Bhd's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ancom Nylex Bhd's Debt-to-Equity distribution charts can be found below:

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

Ancom Nylex Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ancom Nylex Bhd's Debt to Equity Ratio for the fiscal year that ended in May. 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
	=	(306.389	+	51.913)	/	548.089
	=	0.65

Ancom Nylex Bhd's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(286.716	+	93.642)	/	525.477
	=	0.72

Ancom Nylex Bhd (XKLS:4758) 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.

Ancom Nylex Bhd Debt-to-Equity Related Terms

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Ancom Nylex Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ancom Nylex Bhd (XKLS:4758) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2A, Jalan 13/2, Seksyen 13, Petaling Jaya, SGR, MYS, 46200

Website

http://www.ancomnylex.com

Ancom Nylex Bhd is an investment holding company. Its operating segment includes Investment holding; Agricultural chemicals; Industrial chemicals; Logistics; Polymer and Others. It generates maximum revenue from the Industrial chemicals segment. The Industrial chemicals segment is engaged in the manufacture, trading, and sale of industrial chemical products. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Singapore; Indonesia; Other Southeast Asian countries; Other Asian countries; Australia and New Zealand; North and South America; Africa, and Europe.

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