GIIB Holdings Bhd (XKLS:7192) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is GIIB Holdings Bhd Debt-to-Equity?

GIIB Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM7.47 Mil. GIIB Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM0.19 Mil. GIIB Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM62.25 Mil. GIIB Holdings Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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

XKLS:7192' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 1.73 Max: 3.27
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of GIIB Holdings Bhd was 3.27. The lowest was 0.12. And the median was 1.73.

XKLS:7192's Debt-to-Equity is ranked better than
81.12% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs XKLS:7192: 0.12

GIIB Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for GIIB 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.

GIIB Holdings Bhd Debt-to-Equity Chart

GIIB Holdings Bhd Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Jun19

Jun23

Debt-to-Equity

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1.78

1.93

2.45

2.46

0.15

GIIB Holdings Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.17	0.15	0.12	0.12	0.12

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

For the Auto Parts subindustry, GIIB 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.

GIIB Holdings Bhd's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GIIB Holdings Bhd's Debt-to-Equity distribution charts can be found below:

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

GIIB Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GIIB 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
	=	(6.102	+	2.814)	/	59.49
	=	0.15

GIIB 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
	=	(7.465	+	0.194)	/	62.253
	=	0.12

GIIB Holdings Bhd (XKLS:7192) 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.

GIIB Holdings Bhd Debt-to-Equity Related Terms

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

GIIB Holdings Bhd (XKLS:7192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » GIIB Holdings Bhd (XKLS:7192) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot PT 1654 and PT 1657, Nilai Industrial Estate, Darul Khusus, Nilai, NSN, MYS, 71800

Website

https://www.giibworld.com

GIIB Holdings Bhd develops, manufactures, and markets rubber compounds and rubber related products in Malaysia. The company's operating segment includes Rubber compounds; Property development; Re-treading services; Trading and Others. It generates maximum revenue from the Rubber compounds segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Europe; the Rest of Asia; Oceanic; Africa, and North America. The firm offers its products under the Supercool, Tough Tread and Rubtek brands.

GIIB Holdings Bhd (XKLS:7192) Headlines

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