TH Heavy Engineering Bhd (XKLS:7206PB.PFD) Debt-to-Equity : -16.43 (As of Mar. 2022)

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What is TH Heavy Engineering Bhd Debt-to-Equity?

TH Heavy Engineering Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was RM151.87 Mil. TH Heavy Engineering Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was RM0.00 Mil. TH Heavy Engineering Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2022 was RM-9.24 Mil. TH Heavy Engineering Bhd's debt to equity for the quarter that ended in Mar. 2022 was -16.43.

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 TH Heavy Engineering Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7206PB.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: -34.46 Med: 1.26 Max: 31.46
Current: -16.43

During the past 13 years, the highest Debt-to-Equity Ratio of TH Heavy Engineering Bhd was 31.46. The lowest was -34.46. And the median was 1.26.

XKLS:7206PB.PFD's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.435 vs XKLS:7206PB.PFD: -16.43

TH Heavy Engineering Bhd Debt-to-Equity Historical Data

The historical data trend for TH Heavy Engineering 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.

TH Heavy Engineering Bhd Debt-to-Equity Chart

TH Heavy Engineering Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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5.01

2.73

2.07

15.52

-34.46

TH Heavy Engineering Bhd Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Debt-to-Equity	Get a 7-Day Free Trial															14.35	26.87	31.46	-34.46	-16.43

Competitive Comparison of TH Heavy Engineering Bhd's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, TH Heavy Engineering 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.

TH Heavy Engineering Bhd's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TH Heavy Engineering Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TH Heavy Engineering Bhd's Debt-to-Equity falls into.

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TH Heavy Engineering Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TH Heavy Engineering Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(151.87	+	0)	/	-4.407
	=	-34.46

TH Heavy Engineering Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 2022 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
	=	(151.87	+	0)	/	-9.243
	=	-16.43

TH Heavy Engineering Bhd (XKLS:7206PB.PFD) 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.

TH Heavy Engineering Bhd Debt-to-Equity Related Terms

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TH Heavy Engineering Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TH Heavy Engineering Bhd (XKLS:7206PB.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 9, Persiaran KLCC,, Level 28, MOF Inc. Tower,, Wilayah Persekutuan., Kuala Lumpur, SGR, MYS, 50088

Website

http://www.thhe.com.my

TH Heavy Engineering Bhd is engaged in the fabrication of offshore oil and gas facilities. The businesses activities of the company are offshore structures fabrications which include inter-platform bridges, booms, compression platforms, modules, decks, and living quarters, HUC and topside major maintenance, marine services, offshore crane manufacturing, and shipbuilding and ship repair. Its segments include Construction services, Offshore crane works, and Others. The company derives the maximum revenue from the Construction service segment. Geographically, it operates in Malaysia.

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