Kumpulan H & L High-Tech Bhd (XKLS:7033) Debt-to-Equity : 0.17 (As of Jan. 2024)

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What is Kumpulan H & L High-Tech Bhd Debt-to-Equity?

Kumpulan H & L High-Tech Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM1.53 Mil. Kumpulan H & L High-Tech Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM20.98 Mil. Kumpulan H & L High-Tech Bhd's Total Stockholders Equity for the quarter that ended in Jan. 2024 was RM135.70 Mil. Kumpulan H & L High-Tech Bhd's debt to equity for the quarter that ended in Jan. 2024 was 0.17.

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 Kumpulan H & L High-Tech Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7033' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 0.22
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Kumpulan H & L High-Tech Bhd was 0.22. The lowest was 0.04. And the median was 0.11.

XKLS:7033's Debt-to-Equity is ranked better than
64.09% of 2626 companies
in the Industrial Products industry
Industry Median: 0.28 vs XKLS:7033: 0.17

Kumpulan H & L High-Tech Bhd Debt-to-Equity Historical Data

The historical data trend for Kumpulan H & L High-Tech 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.

Kumpulan H & L High-Tech Bhd Debt-to-Equity Chart

Kumpulan H & L High-Tech Bhd Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.12

0.21

0.16

0.19

0.17

Kumpulan H & L High-Tech 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															0.18	0.18	0.18	0.17	0.17

Competitive Comparison of Kumpulan H & L High-Tech Bhd's Debt-to-Equity

For the Metal Fabrication subindustry, Kumpulan H & L High-Tech 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.

Kumpulan H & L High-Tech Bhd's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kumpulan H & L High-Tech Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kumpulan H & L High-Tech Bhd's Debt-to-Equity falls into.

Kumpulan H & L High-Tech Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kumpulan H & L High-Tech Bhd's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(1.692	+	21.226)	/	135.626
	=	0.17

Kumpulan H & L High-Tech 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
	=	(1.531	+	20.982)	/	135.698
	=	0.17

Kumpulan H & L High-Tech Bhd (XKLS:7033) 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.

Kumpulan H & L High-Tech Bhd Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Kumpulan H & L High-Tech Bhd's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Kumpulan H & L High-Tech Bhd (XKLS:7033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kumpulan H & L High-Tech Bhd (XKLS:7033) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Jalan TSB 1, Taman Industri Sungai Buloh, Sungai Buloh, SGR, MYS, 47000

Website

https://www.hlhightech.com

Kumpulan H & L High-Tech Bhd is engaged in manufacturing precision engineering moulds and machine parts and customized precision engineering plastic injection moulds and components, property investment and property development, and cultivation of oil palm plantations. Its segments consist of Manufacturing and trading that manufactures and sells precision engineering moulds and other precision; Investment that engages in investment holding, letting of properties and properties investment; Plantation engaged in the cultivation of oil palm; and Joint property development engaged in property development. The majority of the revenue is derived from the Manufacturing and trading segment.

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