Toyo Ventures Holdings Bhd (XKLS:7173) Debt-to-Equity : 0.04 (As of Sep. 2024)

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What is Toyo Ventures Holdings Bhd Debt-to-Equity?

Toyo Ventures Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM16.67 Mil. Toyo Ventures Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM3.66 Mil. Toyo Ventures Holdings Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2024 was RM482.22 Mil. Toyo Ventures Holdings Bhd's debt to equity for the quarter that ended in Sep. 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 Toyo Ventures Holdings Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7173' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.12 Max: 0.23
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Toyo Ventures Holdings Bhd was 0.23. The lowest was 0.04. And the median was 0.12.

XKLS:7173's Debt-to-Equity is ranked better than
88.48% of 1398 companies
in the Chemicals industry
Industry Median: 0.36 vs XKLS:7173: 0.04

Toyo Ventures Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Toyo Ventures 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.

Toyo Ventures Holdings Bhd Debt-to-Equity Chart

Toyo Ventures Holdings Bhd Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Sep22

Sep23

Sep24

Debt-to-Equity

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0.16

0.06

0.07

0.04

Toyo Ventures Holdings Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Sep20	Dec20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.06	0.07	0.03	0.04

Competitive Comparison of Toyo Ventures Holdings Bhd's Debt-to-Equity

For the Specialty Chemicals subindustry, Toyo Ventures 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.

Toyo Ventures Holdings Bhd's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Toyo Ventures Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Toyo Ventures Holdings Bhd's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(16.671	+	3.655)	/	482.218
	=	0.04

Toyo Ventures Holdings Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(16.671	+	3.655)	/	482.218
	=	0.04

Toyo Ventures Holdings Bhd (XKLS:7173) 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.

Toyo Ventures Holdings Bhd Debt-to-Equity Related Terms

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

Toyo Ventures Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Toyo Ventures Holdings Bhd (XKLS:7173) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

PT 3477, Jalan 6/1, Kawasan Perusahaan Seri Kembangan, Seri Kembangan, SGR, MYS, 43300

Website

https://www.toyoventures.com.my

Toyo Ventures Holdings Bhd is a Malaysia-based investment holding company. Its operating segments include, Manufacturing, Trading and investment holding and Energy. Majority of its revenue is generated from the Manufacturing segment which is involved in manufacturing of printing ink, colour pigment, colourants for plastic, EDM cutwire and graphic art, CNC machining of graphite and copper EDM electrodes, files, chemicals, and equipment for lithography and allied industries. Geographically, the company generates majority of its revenue from Malaysia and also has its presence in Vietnam.

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