Destini Bhd (XKLS:7212) Debt-to-Equity : 0.25 (As of Dec. 2024)

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What is Destini Bhd Debt-to-Equity?

Destini Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM24.6 Mil. Destini Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM9.4 Mil. Destini Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM134.3 Mil. Destini Bhd's debt to equity for the quarter that ended in Dec. 2024 was 0.25.

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

XKLS:7212' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.26 Max: 0.98
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Destini Bhd was 0.98. The lowest was 0.05. And the median was 0.26.

XKLS:7212's Debt-to-Equity is ranked better than
62.18% of 275 companies
in the Aerospace & Defense industry
Industry Median: 0.37 vs XKLS:7212: 0.25

Destini Bhd Debt-to-Equity Historical Data

The historical data trend for Destini 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.

Destini Bhd Debt-to-Equity Chart

Destini Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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0.35

0.27

0.56

0.95

0.66

Destini Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.12	0.05	0.28	0.25

Competitive Comparison of Destini Bhd's Debt-to-Equity

For the Aerospace & Defense subindustry, Destini 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.

Destini Bhd's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Destini Bhd's Debt-to-Equity distribution charts can be found below:

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

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Destini Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Destini 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
	=	(91.808	+	14.813)	/	161.102
	=	0.66

Destini Bhd's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(24.574	+	9.393)	/	134.263
	=	0.25

Destini Bhd (XKLS:7212) 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.

Destini Bhd Debt-to-Equity Related Terms

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

Destini Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Destini Bhd (XKLS:7212) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 10 Jalan Jurunilai U1/20, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150

Website

https://www.destinigroup.com

Destini Bhd is engaged in the investment holding and provision of management services. The company operates through four segments: Aviation segment, The Maintenance, repair, overhaul and training segment is involved in the support, replacement, and overhaul of aviation, automobile and safety and tabular handling equipment as well as providing training for the use of safety equipment. Its Marine construction segment consists of the development of shipbuilding and restoration and maintenance of vessels. Mobility looks after Manufacture and supply motor trolley, wagon and road rail vehicle and assembly, fabrication, refurbishment and MRO of train sets and rail system. And Energy which includes engineering, construction, installation of renewable energy system. Aviation earns maximum revenue.

Destini Bhd Headlines

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