Bintai Kinden Bhd (XKLS:6998) Debt-to-Equity : 1.54 (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Bintai Kinden Bhd Debt-to-Equity?

Bintai Kinden Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM141.76 Mil. Bintai Kinden Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.39 Mil. Bintai Kinden Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM92.15 Mil. Bintai Kinden Bhd's debt to equity for the quarter that ended in Dec. 2023 was 1.54.

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

XKLS:6998' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 1.61 Max: 4.57
Current: 1.54

During the past 13 years, the highest Debt-to-Equity Ratio of Bintai Kinden Bhd was 4.57. The lowest was 0.34. And the median was 1.61.

XKLS:6998's Debt-to-Equity is ranked worse than
87.29% of 1526 companies
in the Construction industry
Industry Median: 0.44 vs XKLS:6998: 1.54

Bintai Kinden Bhd Debt-to-Equity Historical Data

The historical data trend for Bintai Kinden 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.

Bintai Kinden Bhd Debt-to-Equity Chart

Bintai Kinden Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

1.76

2.11

1.32

0.78

1.56

Bintai Kinden 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															0.78	1.56	1.58	1.65	1.54

Competitive Comparison of Bintai Kinden Bhd's Debt-to-Equity

For the Engineering & Construction subindustry, Bintai Kinden 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.

Bintai Kinden Bhd's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bintai Kinden Bhd's Debt-to-Equity distribution charts can be found below:

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

Bintai Kinden Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bintai Kinden Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(144.424	+	1.07)	/	93.495
	=	1.56

Bintai Kinden 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
	=	(141.76	+	0.39)	/	92.146
	=	1.54

Bintai Kinden Bhd (XKLS:6998) 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.

Bintai Kinden Bhd Debt-to-Equity Related Terms

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

Bintai Kinden Bhd (XKLS:6998) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bintai Kinden Corp Bhd (XKLS:6998) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Persiaran Barat, 10-01-02, PJX-HM Shah Tower, Petaling Jaya, SGR, MYS, 46050

Website

http://www.bintai.com.my

Bintai Kinden Corp Bhd is a Malaysian investment holding company. The company's operating segment includes Specialised mechanical and electrical engineering; Concession arrangements and Investment holdings and others. It generates maximum revenue from the Specialised mechanical and electrical engineering segment. The Specialised mechanical and electrical engineering segment undertakes infrastructure, civil, and structural construction projects, and specialised mechanical and electrical engineering and environment and facilities management.

Bintai Kinden Bhd (XKLS:6998) Headlines

No Headlines