CB Industrial Product Holding Bhd (XKLS:7076) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is CB Industrial Product Holding Bhd Debt-to-Equity?

CB Industrial Product Holding Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM49.5 Mil. CB Industrial Product Holding Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM122.5 Mil. CB Industrial Product Holding Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM832.5 Mil. CB Industrial Product Holding Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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 CB Industrial Product Holding Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7076' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.19 Max: 0.25
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of CB Industrial Product Holding Bhd was 0.25. The lowest was 0.03. And the median was 0.19.

XKLS:7076's Debt-to-Equity is ranked better than
59.13% of 2630 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKLS:7076: 0.21

CB Industrial Product Holding Bhd Debt-to-Equity Historical Data

The historical data trend for CB Industrial Product Holding 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.

CB Industrial Product Holding Bhd Debt-to-Equity Chart

CB Industrial Product Holding Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.23

0.21

0.22

0.21

CB Industrial Product Holding Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.22	0.23	0.22	0.21

Competitive Comparison of CB Industrial Product Holding Bhd's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, CB Industrial Product Holding 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.

CB Industrial Product Holding Bhd's Debt-to-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where CB Industrial Product Holding Bhd's Debt-to-Equity falls into.

CB Industrial Product Holding Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CB Industrial Product Holding 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
	=	(49.498	+	122.454)	/	832.501
	=	0.21

CB Industrial Product Holding 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
	=	(49.498	+	122.454)	/	832.501
	=	0.21

CB Industrial Product Holding Bhd (XKLS:7076) 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.

CB Industrial Product Holding Bhd Debt-to-Equity Related Terms

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

CB Industrial Product Holding Bhd (XKLS:7076) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CB Industrial Product Holding Bhd (XKLS:7076) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Jalan Astaka U8/83, Section 8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150

Website

https://www.cbip.com.my

CB Industrial Product Holding Bhd is an investment holding company. It operates in five segments: Plantation & milling, which is into cultivation of oil palm and production of crude palm oil and palm kernel; Equipment and engineering segment manufactures palm oil equipment and related products, commissioning and contracting works for palm oil mills and trading of palm oil mill processing equipment; Refinery segment is into trading and processing of crude palm oil and related products; Special purpose vehicles; and Investing. The company's geographical segments into Malaysia, Indonesia, Papua New Guinea, Central America, Africa, Liberia, Singapore, and Others. Majority of revenue is generated from the refinery segment.

CB Industrial Product Holding Bhd (XKLS:7076) Headlines

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