Leform Bhd (XKLS:0266) Debt-to-Equity : 0.39 (As of Dec. 2023)

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What is Leform Bhd Debt-to-Equity?

Leform Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM185.6 Mil. Leform Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM6.4 Mil. Leform Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM494.5 Mil. Leform Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.39.

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

XKLS:0266' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 1.07 Max: 1.53
Current: 0.39

During the past 5 years, the highest Debt-to-Equity Ratio of Leform Bhd was 1.53. The lowest was 0.39. And the median was 1.07.

XKLS:0266's Debt-to-Equity is ranked better than
52.17% of 554 companies
in the Steel industry
Industry Median: 0.4 vs XKLS:0266: 0.39

Leform Bhd Debt-to-Equity Historical Data

The historical data trend for Leform 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.

Leform Bhd Debt-to-Equity Chart

Leform Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.53

1.33

1.07

0.39

Leform Bhd Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.39	0.97	0.78	0.36	0.39

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

For the Steel subindustry, Leform 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.

Leform Bhd's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Leform Bhd's Debt-to-Equity distribution charts can be found below:

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

Leform Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Leform Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(185.603	+	6.368)	/	494.548
	=	0.39

Leform Bhd's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(185.603	+	6.368)	/	494.548
	=	0.39

Leform Bhd (XKLS:0266) 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.

Leform Bhd Debt-to-Equity Related Terms

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

Leform Bhd (XKLS:0266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Leform Bhd (XKLS:0266) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

PT 16077 & PT16078, Jalan Kesidang 4, Kawasan Perindustrian Sungai Choh, Serendah, SGR, MYS, 48200

Website

https://www.leformgroup.com.my

Leform Bhd is involved in the manufacturing of and trading in steel products. The company's product portfolio includes Round Steel Pipe, Cold Rolled Pipe, Hollow Section Pipes, Cold Drawn Pipe, and Steel Plate Slit Coil. The Group's products are used in various end-user industries including furniture, construction as well as industrial product manufacturing industries (which includes automotive parts and telecommunication tower pole part manufacturing).

Leform Bhd (XKLS:0266) Headlines

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