Guan Chong Bhd (XKLS:5102) Debt-to-Equity : 1.29 (As of Dec. 2023)

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What is Guan Chong Bhd Debt-to-Equity?

Guan Chong Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1,548 Mil. Guan Chong Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM711 Mil. Guan Chong Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM1,753 Mil. Guan Chong Bhd's debt to equity for the quarter that ended in Dec. 2023 was 1.29.

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

XKLS:5102' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 1.15 Max: 2.7
Current: 1.29

During the past 13 years, the highest Debt-to-Equity Ratio of Guan Chong Bhd was 2.70. The lowest was 0.72. And the median was 1.15.

XKLS:5102's Debt-to-Equity is ranked worse than
84.15% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs XKLS:5102: 1.29

Guan Chong Bhd Debt-to-Equity Historical Data

The historical data trend for Guan Chong 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.

Guan Chong Bhd Debt-to-Equity Chart

Guan Chong Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.72

0.92

1.01

0.75

1.29

Guan Chong 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															0.75	0.99	0.99	1.22	1.29

Competitive Comparison of Guan Chong Bhd's Debt-to-Equity

For the Confectioners subindustry, Guan Chong 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.

Guan Chong Bhd's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Guan Chong Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guan Chong 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
	=	(1547.572	+	711.131)	/	1752.774
	=	1.29

Guan Chong 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
	=	(1547.572	+	711.131)	/	1752.774
	=	1.29

Guan Chong Bhd (XKLS:5102) 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.

Guan Chong Bhd Debt-to-Equity Related Terms

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Guan Chong Bhd (XKLS:5102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guan Chong Bhd (XKLS:5102) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

PLO 273, Jalan Timah 2, Kawasan Perindustrian, Pasir Gudang, JHR, MYS, 81700

Website

https://www.gcbcocoa.com

Guan Chong Bhd is engaged in investment holding, manufacturing, distributing and trading in Cocoa butter, Cocoa Cake, Cocoa powder and Cocoa-derived food ingredients. Geographically, the Group operates in Malaysia, Singapore, Indonesia and Germany of which key revenue is derived from Singapore.

Guan Chong Bhd (XKLS:5102) Headlines

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