Dutch Lady Milk Industries Bhd (XKLS:3026) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Dutch Lady Milk Industries Bhd Debt-to-Equity?

Dutch Lady Milk Industries Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM7 Mil. Dutch Lady Milk Industries Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4 Mil. Dutch Lady Milk Industries Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM437 Mil. Dutch Lady Milk Industries Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

XKLS:3026' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.14
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Dutch Lady Milk Industries Bhd was 0.14. The lowest was 0.02. And the median was 0.08.

XKLS:3026's Debt-to-Equity is ranked better than
93.08% of 1648 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs XKLS:3026: 0.03

Dutch Lady Milk Industries Bhd Debt-to-Equity Historical Data

The historical data trend for Dutch Lady Milk 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.

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Dutch Lady Milk Industries Bhd Debt-to-Equity Chart

Dutch Lady Milk Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.14

0.04

0.02

0.03

Dutch Lady Milk 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															0.02	0.02	0.04	0.03	0.03

Competitive Comparison of Dutch Lady Milk Industries Bhd's Debt-to-Equity

For the Packaged Foods subindustry, Dutch Lady Milk 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.

Dutch Lady Milk Industries Bhd's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dutch Lady Milk Industries Bhd's Debt-to-Equity distribution charts can be found below:

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

Dutch Lady Milk Industries Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dutch Lady Milk 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
	=	(6.961	+	3.994)	/	437.245
	=	0.03

Dutch Lady Milk 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
	=	(6.961	+	3.994)	/	437.245
	=	0.03

Dutch Lady Milk Industries Bhd (XKLS:3026) 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.

Dutch Lady Milk Industries Bhd Debt-to-Equity Related Terms

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

Dutch Lady Milk Industries Bhd (XKLS:3026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dutch Lady Milk Industries Bhd (XKLS:3026) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

112, Jalan Prof. Khoo Kay Kim, Level 5, Quill 9, Petaling Jaya, SGR, MYS, 46300

Website

https://www.dutchlady.com.my

Dutch Lady Milk Industries Bhd is a Malaysia-based company that manufactures and distributes a wide range of dairy products, such as specialized powders for infant and growing up children, liquid milk in different packaging formats and yoghurts. The Company markets these products under various brand names such as Dutch Lady, Dutch Baby, Frisolac, Friso Gold and Dutch Lady PureFarm.

Dutch Lady Milk Industries Bhd (XKLS:3026) Headlines

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