Kenanga Investment Bank Bhd (XKLS:6483) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is Kenanga Investment Bank Bhd Debt-to-Equity?

Kenanga Investment Bank Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.0 Mil. Kenanga Investment Bank Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM214.0 Mil. Kenanga Investment Bank Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM1,071.0 Mil. Kenanga Investment Bank Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 Kenanga Investment Bank Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:6483' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.18 Max: 0.28
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Kenanga Investment Bank Bhd was 0.28. The lowest was 0.10. And the median was 0.18.

XKLS:6483's Debt-to-Equity is ranked better than
60.88% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs XKLS:6483: 0.20

Kenanga Investment Bank Bhd Debt-to-Equity Historical Data

The historical data trend for Kenanga Investment Bank 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.

Kenanga Investment Bank Bhd Debt-to-Equity Chart

Kenanga Investment Bank Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.20

0.28

0.24

0.20

Kenanga Investment Bank 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															0.24	0.27	0.23	0.22	0.20

Competitive Comparison of Kenanga Investment Bank Bhd's Debt-to-Equity

For the Capital Markets subindustry, Kenanga Investment Bank 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.

Kenanga Investment Bank Bhd's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Kenanga Investment Bank Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kenanga Investment Bank Bhd's Debt-to-Equity falls into.

Kenanga Investment Bank Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kenanga Investment Bank 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
	=	(0	+	213.972)	/	1070.975
	=	0.20

Kenanga Investment Bank 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
	=	(0	+	213.972)	/	1070.975
	=	0.20

Kenanga Investment Bank Bhd (XKLS:6483) 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.

Kenanga Investment Bank Bhd Debt-to-Equity Related Terms

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

Kenanga Investment Bank Bhd (XKLS:6483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kenanga Investment Bank Bhd (XKLS:6483) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

237, Jalan Tun Razak, Level 17, Kenanga Tower, Wilayah Persekutuan, Kuala Lumpur, MYS, 50400

Website

https://www.kenanga.com.my

Kenanga Investment Bank Bhd is a Malaysia based independent investment bank. It offers the provision of nominee services, private equity, promotion and management of collective investment schemes and management of investment funds. The company has five operating divisions: Investment banking business, treasury, and related financial services; Stockbroking dealings in securities and investment related services; Listed derivatives is into Futures broking business; Money lending and financing, Islamic factoring, and leasing; Investment and wealth management including management of funds and unit trusts, Corporate and others. It derives most of its revenues from Stock broking Dealings.

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