Parkson Holdings Bhd (XKLS:5657) Debt-to-Equity : 3.05 (As of Jun. 2024)

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What is Parkson Holdings Bhd Debt-to-Equity?

Parkson Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was RM754 Mil. Parkson Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was RM3,655 Mil. Parkson Holdings Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2024 was RM1,446 Mil. Parkson Holdings Bhd's debt to equity for the quarter that ended in Jun. 2024 was 3.05.

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

XKLS:5657' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 1.21 Max: 3.77
Current: 3.05

During the past 13 years, the highest Debt-to-Equity Ratio of Parkson Holdings Bhd was 3.77. The lowest was 0.69. And the median was 1.21.

XKLS:5657's Debt-to-Equity is ranked worse than
91.51% of 1013 companies
in the Retail - Cyclical industry
Industry Median: 0.58 vs XKLS:5657: 3.05

Parkson Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Parkson 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.

Parkson Holdings Bhd Debt-to-Equity Chart

Parkson Holdings Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.12

1.22

3.77

3.19

2.94

Parkson Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															3.06	2.90	2.94	2.83	3.05

Competitive Comparison of Parkson Holdings Bhd's Debt-to-Equity

For the Department Stores subindustry, Parkson 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.

Parkson Holdings Bhd's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Parkson Holdings Bhd's Debt-to-Equity distribution charts can be found below:

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

Parkson Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Parkson Holdings 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
	=	(780.842	+	3431.658)	/	1435.353
	=	2.93

Parkson Holdings Bhd's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(753.838	+	3654.682)	/	1445.915
	=	3.05

Parkson Holdings Bhd (XKLS:5657) 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.

Parkson Holdings Bhd Debt-to-Equity Related Terms

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

Parkson Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Parkson Holdings Bhd (XKLS:5657) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Jalan Nagasari, Level 14, Lion Office Tower, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50200

Website

https://lionind.com.my/parkson

Parkson Holdings Bhd is a Malaysian based company which is engaged in operating and managing departmental stores. Its brands include "Parkson" and "Centro". The stores offer well known international brands of fashion and lifestyle-related merchandise. Parkson operates its business in segments namely Retailing and Others. A major part of its revenue is from the Retailing segment. It carries its retailing business in four geographical areas including Malaysia, China, Myanmar, and Indonesia; Others segments include of businesses, credit services, and investment holding. The company generates its revenue from the operation of stores, which comes from China.

Parkson Holdings Bhd Headlines

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