EG Industries Bhd (XKLS:8907) Debt-to-Equity : 1.06 (As of Sep. 2024)

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What is EG Industries Bhd Debt-to-Equity?

EG Industries Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM445 Mil. EG Industries Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM145 Mil. EG Industries Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2024 was RM556 Mil. EG Industries Bhd's debt to equity for the quarter that ended in Sep. 2024 was 1.06.

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

XKLS:8907' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.8 Max: 1.52
Current: 1.06

During the past 13 years, the highest Debt-to-Equity Ratio of EG Industries Bhd was 1.52. The lowest was 0.56. And the median was 0.80.

XKLS:8907's Debt-to-Equity is ranked worse than
87.53% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs XKLS:8907: 1.06

EG Industries Bhd Debt-to-Equity Historical Data

The historical data trend for EG Industries 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.

EG Industries Bhd Debt-to-Equity Chart

EG Industries Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.72

0.60

0.74

1.03

1.15

EG Industries Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.95	0.98	1.01	1.15	1.06

Competitive Comparison of EG Industries Bhd's Debt-to-Equity

For the Electronic Components subindustry, EG Industries 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.

EG Industries Bhd's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, EG Industries Bhd's Debt-to-Equity distribution charts can be found below:

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

EG Industries Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EG Industries Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(447.762	+	150.328)	/	520.003
	=	1.15

EG Industries 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
	=	(444.896	+	145.458)	/	556.449
	=	1.06

EG Industries Bhd (XKLS:8907) 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.

EG Industries Bhd Debt-to-Equity Related Terms

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

EG Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » EG Industries Bhd (XKLS:8907) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan 4, Plot 102, Bakar Arang Industrial Estate, Sungai Petani, KDH, MYS, 8000

Website

https://eg.com.my

EG Industries Bhd is an investment holding company, which engages in the provision of management services. Along with its subsidiaries, the company operates through the following segments: Electronic Manufacturing Services and Original Equipment Manufacturer/Original Design Manufacturer for Electronic and Electrical Products; and Other Non-reportable segments. The Other Non-reportable segment comprises operations related to investment holding and research and development. The company offers manufacturing services for computer peripherals, consumer electronic/electrical products, medical equipment, automotive industrial products, and telecommunication and other technological products industries. Geographically, it derives maximum revenue from Thailand.

EG Industries Bhd Headlines

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