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ELK-Desa Resources Bhd (XKLS:5228) Debt-to-Asset : 0.36 (As of Dec. 2023)


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What is ELK-Desa Resources Bhd Debt-to-Asset?

ELK-Desa Resources Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM83.5 Mil. ELK-Desa Resources Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM185.6 Mil. ELK-Desa Resources Bhd's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was RM759.1 Mil. ELK-Desa Resources Bhd's debt to asset for the quarter that ended in Dec. 2023 was 0.35.


ELK-Desa Resources Bhd Debt-to-Asset Historical Data

The historical data trend for ELK-Desa Resources Bhd's Debt-to-Asset 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.

ELK-Desa Resources Bhd Debt-to-Asset Chart

ELK-Desa Resources Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.40 0.30 0.21 0.29

ELK-Desa Resources Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.29 0.34 0.34 0.36

Competitive Comparison of ELK-Desa Resources Bhd's Debt-to-Asset

For the Credit Services subindustry, ELK-Desa Resources Bhd's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


ELK-Desa Resources Bhd's Debt-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, ELK-Desa Resources Bhd's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where ELK-Desa Resources Bhd's Debt-to-Asset falls into.



ELK-Desa Resources Bhd Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

ELK-Desa Resources Bhd's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(70.418 + 133.679) / 693.049
=0.29

ELK-Desa Resources Bhd's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(83.548 + 185.627) / 759.129
=0.35

* 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.


ELK-Desa Resources Bhd  (XKLS:5228) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


ELK-Desa Resources Bhd Debt-to-Asset Related Terms

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ELK-Desa Resources Bhd (XKLS:5228) Business Description

Traded in Other Exchanges
N/A
Address
No. 15 - 17, Jalan Brunei Utara, Off Jalan Pudu, Kuala Lumpur, SGR, MYS, 55100
ELK-Desa Resources Bhd is a Malaysian company investment holding company. The company's business segments are Hire-purchase financing and other integrated services and the Trading of furniture. The Hire-purchase financing and other integrated services segment is involved in the business of hire purchase financing for used motor vehicles as well as selling general insurance policies as an insurance agent and the Trading of furniture segment is involved in the business of trading, export, wholesaling and manufacturing of furniture. The company earns the majority of its revenue from hire-purchase financing.

ELK-Desa Resources Bhd (XKLS:5228) Headlines

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