V.S Industry Bhd (XKLS:6963) Debt-to-Equity : 0.42 (As of Jan. 2024)

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What is V.S Industry Bhd Debt-to-Equity?

V.S Industry Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM338 Mil. V.S Industry Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM578 Mil. V.S Industry Bhd's Total Stockholders Equity for the quarter that ended in Jan. 2024 was RM2,209 Mil. V.S Industry Bhd's debt to equity for the quarter that ended in Jan. 2024 was 0.41.

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 V.S Industry Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:6963' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.42 Max: 0.81
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of V.S Industry Bhd was 0.81. The lowest was 0.16. And the median was 0.42.

XKLS:6963's Debt-to-Equity is ranked worse than
61.93% of 2196 companies
in the Hardware industry
Industry Median: 0.29 vs XKLS:6963: 0.42

V.S Industry Bhd Debt-to-Equity Historical Data

The historical data trend for V.S Industry 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.

V.S Industry Bhd Debt-to-Equity Chart

V.S Industry Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.28

0.16

0.21

0.30

0.41

V.S Industry Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.42	0.41	0.41	0.42	0.42

Competitive Comparison of V.S Industry Bhd's Debt-to-Equity

For the Electronic Components subindustry, V.S Industry 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.

V.S Industry Bhd's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, V.S Industry Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where V.S Industry Bhd's Debt-to-Equity falls into.

V.S Industry Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

V.S Industry Bhd's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(293.307	+	585.157)	/	2147.19
	=	0.41

V.S Industry Bhd's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(338.044	+	578.03)	/	2209.082
	=	0.41

V.S Industry Bhd (XKLS:6963) 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.

V.S Industry Bhd Debt-to-Equity Related Terms

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

V.S Industry Bhd (XKLS:6963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » V.S Industry Bhd (XKLS:6963) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88 Jalan I-Park SAC 5, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400

Website

http://www.vs-i.com

V.S Industry Bhd is engaged in the manufacturing, assembling, and sale of electronic and electrical products and plastic moulded components and parts. It is an integrated Electronics Manufacturing Services (EMS) provider in the region. The manufacturing services include plastic injection mould design and fabrication, a wide range of injection tonnage and finishing processes, large-scale production of printed circuit boards, automated assembly, and final processes of packaging and logistics. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the United States of America, Europe, Indonesia, Singapore, the People's Republic of China, and others.

V.S Industry Bhd (XKLS:6963) Headlines

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