Ajiya Bhd (XKLS:7609) Debt-to-Equity : 0.01 (As of Nov. 2024)

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What is Ajiya Bhd Debt-to-Equity?

Ajiya Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was RM8.5 Mil. Ajiya Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was RM0.0 Mil. Ajiya Bhd's Total Stockholders Equity for the quarter that ended in Nov. 2024 was RM644.2 Mil. Ajiya Bhd's debt to equity for the quarter that ended in Nov. 2024 was 0.01.

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

XKLS:7609' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.16
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Ajiya Bhd was 0.16. The lowest was 0.00. And the median was 0.02.

XKLS:7609's Debt-to-Equity is ranked better than
99.94% of 1555 companies
in the Construction industry
Industry Median: 0.43 vs XKLS:7609: 0.01

Ajiya Bhd Debt-to-Equity Historical Data

The historical data trend for Ajiya 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.

Ajiya Bhd Debt-to-Equity Chart

Ajiya Bhd Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

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0.02

0.01

0.03

0.01

Ajiya Bhd Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	-	0.01	-	0.01

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

For the Building Products & Equipment subindustry, Ajiya 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.

Ajiya Bhd's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ajiya Bhd's Debt-to-Equity distribution charts can be found below:

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

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Ajiya Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ajiya Bhd's Debt to Equity Ratio for the fiscal year that ended in Nov. 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
	=	(4.997	+	0)	/	468.324
	=	0.01

Ajiya Bhd's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(8.522	+	0)	/	644.206
	=	0.01

Ajiya Bhd (XKLS:7609) 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.

Ajiya Bhd Debt-to-Equity Related Terms

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

Ajiya Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ajiya Bhd (XKLS:7609) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Genuang, Lot 153, Kawasan Perindustrian, Batu 3, Segamat, JHR, MYS, 85000

Website

https://www.ajiya.com

Ajiya Bhd is a investment holding. The principal activities include manufacturing and trading of roofing materials, manufacturing and trading of all kinds of glass, trading of building materials and investment holding. Its products are classified in two categories: Metal Roll-forming which comprises manufacturing of metal roofing system, metal frame products, tile effect products, architectural products, light-weight channel products; and Safety Glass category which comprises of tempered, heat strengthened, decorative, laminated, insulated and other safety glass product. While it also has its presence in Thailand and Malaysia, Majority of its revenue is earned through the Malaysian market.

Ajiya Bhd Headlines

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