SKB Shutters Bhd (XKLS:7115) Debt-to-Equity : 0.67 (As of Mar. 2024)

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What is SKB Shutters Bhd Debt-to-Equity?

SKB Shutters Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM23.43 Mil. SKB Shutters Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM60.85 Mil. SKB Shutters Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM125.53 Mil. SKB Shutters Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.67.

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

XKLS:7115' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.67 Max: 0.87
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of SKB Shutters Bhd was 0.87. The lowest was 0.17. And the median was 0.67.

XKLS:7115's Debt-to-Equity is ranked worse than
75.82% of 2626 companies
in the Industrial Products industry
Industry Median: 0.28 vs XKLS:7115: 0.67

SKB Shutters Bhd Debt-to-Equity Historical Data

The historical data trend for SKB Shutters 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.

SKB Shutters Bhd Debt-to-Equity Chart

SKB Shutters Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.68

0.70

0.58

0.50

0.70

SKB Shutters 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															0.49	0.70	0.70	0.68	0.67

Competitive Comparison of SKB Shutters Bhd's Debt-to-Equity

For the Metal Fabrication subindustry, SKB Shutters 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.

SKB Shutters Bhd's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

SKB Shutters Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SKB Shutters 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
	=	(16.125	+	64.589)	/	115.553
	=	0.70

SKB Shutters 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
	=	(23.434	+	60.851)	/	125.527
	=	0.67

SKB Shutters Bhd (XKLS:7115) 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.

SKB Shutters Bhd Debt-to-Equity Related Terms

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

SKB Shutters Bhd (XKLS:7115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SKB Shutters Corp Bhd (XKLS:7115) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 22, Jalan Teknologi, Taman Sains Selangor 1, Kota Damansara, Petaling Jaya, SGR, MYS, 47810

Website

https://www.skb-shutters.com

SKB Shutters Corp Bhd is engaged in the manufacturing and sale of roller shutters, racking systems, storage system and related steel products which are carried out in Malaysia and Singapore. It also manufactures and provides repair services for motor components. The business is spread across Malaysia, Asia, Middle East, Australia and other regions. The group's clients are main contractors, manufacturing plants and warehouse operators.

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