Kia Lim Bhd (XKLS:6211) Debt-to-Equity : 0.05 (As of Dec. 2023)

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What is Kia Lim Bhd Debt-to-Equity?

Kia Lim Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM2.13 Mil. Kia Lim Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.35 Mil. Kia Lim Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM50.94 Mil. Kia Lim Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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

XKLS:6211' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.11 Max: 0.22
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Kia Lim Bhd was 0.22. The lowest was 0.05. And the median was 0.11.

XKLS:6211's Debt-to-Equity is ranked better than
89.83% of 354 companies
in the Building Materials industry
Industry Median: 0.38 vs XKLS:6211: 0.05

Kia Lim Bhd Debt-to-Equity Historical Data

The historical data trend for Kia Lim 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.

Kia Lim Bhd Debt-to-Equity Chart

Kia Lim Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.11

0.10

0.05

Kia Lim 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															0.05	0.05	0.04	0.05	0.05

Competitive Comparison of Kia Lim Bhd's Debt-to-Equity

For the Building Materials subindustry, Kia Lim 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.

Kia Lim Bhd's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kia Lim Bhd's Debt-to-Equity distribution charts can be found below:

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

Kia Lim Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kia Lim 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
	=	(2.126	+	0.349)	/	50.943
	=	0.05

Kia Lim 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
	=	(2.126	+	0.349)	/	50.943
	=	0.05

Kia Lim Bhd (XKLS:6211) 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.

Kia Lim Bhd Debt-to-Equity Related Terms

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

Kia Lim Bhd (XKLS:6211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Kia Lim Bhd (XKLS:6211) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

79, Jalan Muar, 1st Floor, Wisma Ng Hoo Tee, Batu Pahat, Parit Sulong, JHR, MYS, 83500

Website

http://www.kialim.com.my

Kia Lim Bhd is an investment holding company. The company is engaged in the business of manufacturing clay bricks. Along with its subsidiaries, it manufactures clay common bricks, facing bricks, block bricks, M211 bricks, brick tiles, chamfered paving bricks, and many more. The group operates in Malaysia.

Kia Lim Bhd (XKLS:6211) Headlines

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