AYS Ventures Bhd (XKLS:5021) Debt-to-Equity : 1.07 (As of Dec. 2023)

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What is AYS Ventures Bhd Debt-to-Equity?

AYS Ventures Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM433 Mil. AYS Ventures Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM53 Mil. AYS Ventures Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM454 Mil. AYS Ventures Bhd's debt to equity for the quarter that ended in Dec. 2023 was 1.07.

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

XKLS:5021' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61 Med: 1.08 Max: 1.53
Current: 1.07

During the past 13 years, the highest Debt-to-Equity Ratio of AYS Ventures Bhd was 1.53. The lowest was 0.61. And the median was 1.08.

XKLS:5021's Debt-to-Equity is ranked worse than
80.47% of 553 companies
in the Steel industry
Industry Median: 0.4 vs XKLS:5021: 1.07

AYS Ventures Bhd Debt-to-Equity Historical Data

The historical data trend for AYS Ventures 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.

AYS Ventures Bhd Debt-to-Equity Chart

AYS Ventures Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

1.14

1.43

1.11

1.16

1.06

AYS Ventures 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															1.18	1.06	1.07	1.13	1.07

Competitive Comparison of AYS Ventures Bhd's Debt-to-Equity

For the Steel subindustry, AYS Ventures 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.

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

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

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

AYS Ventures Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AYS Ventures Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(407.998	+	59.761)	/	443.419
	=	1.05

AYS Ventures 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
	=	(433.219	+	52.943)	/	453.791
	=	1.07

AYS Ventures Bhd (XKLS:5021) 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.

AYS Ventures Bhd Debt-to-Equity Related Terms

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

AYS Ventures Bhd (XKLS:5021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » AYS Ventures Bhd (XKLS:5021) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Haji Abdul Manan, Lot 6488, Darul Ehsan, Klang, SGR, MYS, 42100

Website

https://www.ays-group.com

AYS Ventures Bhd is an investment holding principally involved in the trading and manufacturing of steel, construction, and related products. The company is organized into three segments namely trading and services where the trading division trades and markets a diverse range of steel products, warehousing, and storage services, and construction materials; the manufacturing division which involves the manufacturing and trading of panels and components for sectional tanks, purlin, structural steel components, and other steel products and others segment includes investment holding and dormant. The products of the company serve customers in the construction, engineering for heavy steel industries, fabrication, oil and gas, power plant, and shipbuilding sectors.

AYS Ventures Bhd (XKLS:5021) Headlines

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