Hock Lok Siew Bhd (XKLS:7098) Debt-to-Equity : -0.45 (As of Sep. 2012)

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What is Hock Lok Siew Bhd Debt-to-Equity?

Hock Lok Siew Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was RM5.49 Mil. Hock Lok Siew Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was RM0.00 Mil. Hock Lok Siew Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2012 was RM-12.33 Mil. Hock Lok Siew Bhd's debt to equity for the quarter that ended in Sep. 2012 was -0.45.

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 Hock Lok Siew Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7098's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Hock Lok Siew Bhd Debt-to-Equity Historical Data

The historical data trend for Hock Lok Siew 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.

Hock Lok Siew Bhd Debt-to-Equity Chart

Hock Lok Siew Bhd Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Debt-to-Equity

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-13.18

0.33

0.35

0.31

-0.67

Hock Lok Siew Bhd Quarterly Data
	Dec11	Mar12	Jun12	Sep12
Debt-to-Equity	-0.67	-0.41	-0.47	-0.45

Competitive Comparison of Hock Lok Siew Bhd's Debt-to-Equity

For the Consumer Electronics subindustry, Hock Lok Siew 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.

Hock Lok Siew Bhd's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hock Lok Siew Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hock Lok Siew Bhd's Debt-to-Equity falls into.

Hock Lok Siew Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hock Lok Siew Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2011 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
	=	(5.463	+	0)	/	-8.118
	=	-0.67

Hock Lok Siew Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 2012 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
	=	(5.489	+	0)	/	-12.329
	=	-0.45

Hock Lok Siew Bhd (XKLS:7098) 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.

Hock Lok Siew Bhd Debt-to-Equity Related Terms

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Hock Lok Siew Bhd (XKLS:7098) Business Description

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