RCE Capital Bhd (XKLS:9296) Debt-to-Equity : 2.69 (As of Jun. 2024)

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What is RCE Capital Bhd Debt-to-Equity?

RCE Capital Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was RM1,061.7 Mil. RCE Capital Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was RM1,103.9 Mil. RCE Capital Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2024 was RM804.2 Mil. RCE Capital Bhd's debt to equity for the quarter that ended in Jun. 2024 was 2.69.

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

XKLS:9296' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.7 Med: 2.47 Max: 3.04
Current: 2.69

During the past 13 years, the highest Debt-to-Equity Ratio of RCE Capital Bhd was 3.04. The lowest was 0.70. And the median was 2.47.

XKLS:9296's Debt-to-Equity is ranked worse than
68.72% of 438 companies
in the Credit Services industry
Industry Median: 1.23 vs XKLS:9296: 2.69

RCE Capital Bhd Debt-to-Equity Historical Data

The historical data trend for RCE Capital 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.

RCE Capital Bhd Debt-to-Equity Chart

RCE Capital Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.56

2.17

2.07

2.60

2.56

RCE Capital Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															2.80	2.60	2.73	2.56	2.69

Competitive Comparison of RCE Capital Bhd's Debt-to-Equity

For the Credit Services subindustry, RCE Capital 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.

RCE Capital Bhd's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, RCE Capital Bhd's Debt-to-Equity distribution charts can be found below:

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

RCE Capital Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RCE Capital Bhd's Debt to Equity Ratio for the fiscal year 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
	=	(1027.03	+	1095.877)	/	829.773
	=	2.56

RCE Capital Bhd's Debt to Equity Ratio for the quarter 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
	=	(1061.696	+	1103.935)	/	804.24
	=	2.69

RCE Capital Bhd (XKLS:9296) 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.

RCE Capital Bhd Debt-to-Equity Related Terms

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

RCE Capital Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » RCE Capital Bhd (XKLS:9296) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Lumut, 20th Floor, Menara Teo Chew, Kuala Lumpur, MYS, 50400

Website

https://www.rce.com.my

RCE Capital Bhd is engaged in the business of investment holding and the provision of management services. Its core business operations include the delivery of shariah-compliant financing services to civil servants with the aim of generating sustainable returns to stakeholders.

RCE Capital Bhd Headlines

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