SKP Resources Bhd (XKLS:7155) Debt-to-Equity : 0.08 (As of Dec. 2023)

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What is SKP Resources Bhd Debt-to-Equity?

SKP Resources Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM56 Mil. SKP Resources Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM10 Mil. SKP Resources Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM870 Mil. SKP Resources Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.08.

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

XKLS:7155' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.22
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of SKP Resources Bhd was 0.22. The lowest was 0.00. And the median was 0.04.

XKLS:7155's Debt-to-Equity is ranked better than
80.61% of 1387 companies
in the Chemicals industry
Industry Median: 0.36 vs XKLS:7155: 0.08

SKP Resources Bhd Debt-to-Equity Historical Data

The historical data trend for SKP Resources 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.

SKP Resources Bhd Debt-to-Equity Chart

SKP Resources Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

0.08

SKP Resources Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.08	0.07	0.07	0.08

Competitive Comparison of SKP Resources Bhd's Debt-to-Equity

For the Specialty Chemicals subindustry, SKP Resources 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.

SKP Resources Bhd's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SKP Resources Bhd's Debt-to-Equity distribution charts can be found below:

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

SKP Resources Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SKP Resources Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(53.82	+	14.135)	/	868.321
	=	0.08

SKP Resources 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
	=	(56.165	+	10.04)	/	870.107
	=	0.08

SKP Resources Bhd (XKLS:7155) 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.

SKP Resources Bhd Debt-to-Equity Related Terms

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SKP Resources Bhd (XKLS:7155) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SKP Resources Bhd (XKLS:7155) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Kluang, No.421, 4th Miles, Batu Pahat, JHR, MYS, 83000

Website

https://www.skpres.com

SKP Resources Bhd is an investment holding and provision of a management service company. It is engaged in the manufacturing of plastic products. The company's operating segment includes Sales of goods and Others. It generates majority revenue from the Sales of goods segment. Geographically, it operates only in Malaysia. Its services include Design and Engineering; Tool and Die Fabrication; Injection Moulding and Cosmetic Finishing; Contract Manufacturing and Component Assembly; Manufacturing Services and Logistics and Fulfillment.

SKP Resources Bhd (XKLS:7155) Headlines

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