Olympia Industries Bhd (XKLS:3018) Debt-to-Equity : 0.40 (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Olympia Industries Bhd Debt-to-Equity?

Olympia Industries Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM5.83 Mil. Olympia Industries Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM129.40 Mil. Olympia Industries Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM335.54 Mil. Olympia Industries Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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

XKLS:3018' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.41 Max: 0.63
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Olympia Industries Bhd was 0.63. The lowest was 0.36. And the median was 0.41.

XKLS:3018's Debt-to-Equity is ranked better than
54.19% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs XKLS:3018: 0.40

Olympia Industries Bhd Debt-to-Equity Historical Data

The historical data trend for Olympia 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.

Olympia Industries Bhd Debt-to-Equity Chart

Olympia Industries Bhd Annual Data

Trend

Jun13

Jun14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.38

0.41

0.42

0.37

0.40

Olympia Industries 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-Equity	Get a 7-Day Free Trial															0.37	0.37	0.37	0.38	0.40

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

For the Gambling subindustry, Olympia 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.

Olympia Industries Bhd's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Olympia Industries Bhd's Debt-to-Equity distribution charts can be found below:

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

Olympia Industries Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Olympia Industries 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
	=	(5.827	+	129.402)	/	335.538
	=	0.40

Olympia Industries 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
	=	(5.827	+	129.402)	/	335.538
	=	0.40

Olympia Industries Bhd (XKLS:3018) 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.

Olympia Industries Bhd Debt-to-Equity Related Terms

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

Olympia Industries Bhd (XKLS:3018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Olympia Industries Bhd (XKLS:3018) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 8, Jalan Raja Chulan, Level 24, Menara Olympia, Kuala Lumpur, SGR, MYS, 50200

Website

https://www.oib.com.my

Olympia Industries Bhd is an investment holding company. The company's operating segments include Leasing; Property development; Gaming; and Investment holding and dormant. It generates maximum revenue from the Gaming segment. The Gaming segment includes organising, managing, and sales of numbers forecast pools and public lotteries. The Property development segment includes the development of residential and commercial properties. The Leasing segment includes the rental of office and retail spaces and other related activities. The Investment holding and dormant segment includes investment holding and other business units include trading and retailing business. Geographically, it derives revenue from Malaysia.

Olympia Industries Bhd (XKLS:3018) Headlines

No Headlines