Classita Holdings Bhd (XKLS:7154) Debt-to-Equity : 0.04 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Classita Holdings Bhd Debt-to-Equity?

Classita Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM1.30 Mil. Classita Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM5.53 Mil. Classita Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM190.97 Mil. Classita Holdings Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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

XKLS:7154' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.26 Max: 0.38
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Classita Holdings Bhd was 0.38. The lowest was 0.04. And the median was 0.26.

XKLS:7154's Debt-to-Equity is ranked better than
91.21% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs XKLS:7154: 0.04

Classita Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Classita Holdings 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.

Classita Holdings Bhd Debt-to-Equity Chart

Classita Holdings Bhd Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.26

0.32

0.31

0.22

0.08

Classita Holdings Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.08	0.04	0.04	0.04

Competitive Comparison of Classita Holdings Bhd's Debt-to-Equity

For the Apparel Manufacturing subindustry, Classita Holdings 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.

Classita Holdings Bhd's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Classita Holdings Bhd's Debt-to-Equity distribution charts can be found below:

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

Classita Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Classita Holdings 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
	=	(1.495	+	7.032)	/	105.244
	=	0.08

Classita Holdings 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
	=	(1.298	+	5.53)	/	190.969
	=	0.04

Classita Holdings Bhd (XKLS:7154) 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.

Classita Holdings Bhd Debt-to-Equity Related Terms

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

Classita Holdings Bhd (XKLS:7154) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Classita Holdings Bhd (XKLS:7154) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Maharaja Lela, Wisma Caely, Lot 2661, 3rd Mile, Teluk Intan, PRK, MYS, 36000

Website

https://www.classitaholdings.com

Classita Holdings Bhd is an investment holding company based in Malaysia. It is engaged in the manufacturing of undergarments, garments, leather goods, sportswear, and household products. The segments of the company include Manufacturing, Property development and construction, Direct selling and Retail, and others. It manufactures and sells products in Europe, Canada, the United States of America, and other countries. The majority of the revenue is from the manufacturing segment of the company. Geographically, it derives maximum revenue from Germany.

Classita Holdings Bhd (XKLS:7154) Headlines

No Headlines