Kobay Technology Bhd (XKLS:6971) Debt-to-Equity : 0.32 (As of Mar. 2024)

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What is Kobay Technology Bhd Debt-to-Equity?

Kobay Technology Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM85.5 Mil. Kobay Technology Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM38.6 Mil. Kobay Technology Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM383.9 Mil. Kobay Technology Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.32.

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

XKLS:6971' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.13 Max: 0.32
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Kobay Technology Bhd was 0.32. The lowest was 0.07. And the median was 0.13.

XKLS:6971's Debt-to-Equity is ranked worse than
53.16% of 2613 companies
in the Industrial Products industry
Industry Median: 0.28 vs XKLS:6971: 0.32

Kobay Technology Bhd Debt-to-Equity Historical Data

The historical data trend for Kobay Technology 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.

Kobay Technology Bhd Debt-to-Equity Chart

Kobay Technology Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.12

0.21

0.20

0.27

Kobay Technology 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															0.25	0.27	0.29	0.29	0.32

Competitive Comparison of Kobay Technology Bhd's Debt-to-Equity

For the Metal Fabrication subindustry, Kobay Technology 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.

Kobay Technology Bhd's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Kobay Technology Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kobay Technology 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
	=	(59.891	+	41.421)	/	380.178
	=	0.27

Kobay Technology 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
	=	(85.481	+	38.632)	/	383.858
	=	0.32

Kobay Technology Bhd (XKLS:6971) 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.

Kobay Technology Bhd Debt-to-Equity Related Terms

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Kobay Technology Bhd (XKLS:6971) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kobay Technology Bhd (XKLS:6971) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 42-B Jalan Rangoon, 3rd Floor, Wisma Kobay, Georgetown, PNG, MYS, 10400

Website

https://www.kobaytech.com

Kobay Technology Bhd is an investment holding company. The company's operating segment includes Manufacturing and Property development, Pharmaceutical and healthcare, Asset Management and Other. It generates maximum revenue from the Manufacturing segment. The Manufacturing segment is engaged in the manufacture of precision machined components, precision stamping, sheet metal parts, surface treatment, precision moulds, tooling and form dies, semiconductor assembly and testing equipment, metal works and structures, modules and parts for oil and gas production and extraction equipment. Geographically, it derives a majority of revenue from Malaysia.

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