Chin Well Holdings Bhd (XKLS:5007) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Chin Well Holdings Bhd Debt-to-Equity?

Chin Well Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM1.6 Mil. Chin Well Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM1.8 Mil. Chin Well Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM674.8 Mil. Chin Well Holdings Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Chin Well Holdings Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:5007' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.11 Max: 0.21
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Chin Well Holdings Bhd was 0.21. The lowest was 0.00. And the median was 0.11.

XKLS:5007's Debt-to-Equity is ranked better than
99.96% of 2632 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKLS:5007: 0.01

Chin Well Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Chin Well Holdings 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.

Chin Well Holdings Bhd Debt-to-Equity Chart

Chin Well Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.15

0.13

0.16

0.06

0.01

Chin Well Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	0.01

Competitive Comparison of Chin Well Holdings Bhd's Debt-to-Equity

For the Tools & Accessories subindustry, Chin Well Holdings 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.

Chin Well Holdings Bhd's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chin Well Holdings Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chin Well Holdings Bhd's Debt-to-Equity falls into.

Chin Well Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chin Well Holdings 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
	=	(5.552	+	0.466)	/	680.368
	=	0.01

Chin Well Holdings Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(1.596	+	1.807)	/	674.768
	=	0.01

Chin Well Holdings Bhd (XKLS:5007) 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.

Chin Well Holdings Bhd Debt-to-Equity Related Terms

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Chin Well Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chin Well Holdings Bhd (XKLS:5007) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 1586, MK11, Lorong Perusahaan Utama 1, Bukit Tengah Industrial Park, Bukit Mertajam, PNG, MYS, 14000

Website

https://www.chinwell.com.my

Chin Well Holdings Bhd is a Malaysia-based investment holding company. It operates in three business segments. The Fastening products segment is a key revenue driver which is engaged in the manufacturing and trading of screws, nuts, bolts, and other related products. Its Wire products segment is involved in the production of precision galvanized wire, annealing wire, bright wire, hard drawn wire, polyvinyl chloride wire, bent round bar, and grill mesh. The company's Investment holding segment comprises investment holding and property investment activities. Geographically, it operates in Malaysia, Europe, North America, Vietnam, Australia, Other Asia Pacific countries and others. It derives a majority of its revenue from Malaysia.

Chin Well Holdings Bhd Headlines

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