Alam Maritim Resources Bhd (XKLS:5115) Debt-to-Equity : -2.17 (As of Dec. 2023)

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What is Alam Maritim Resources Bhd Debt-to-Equity?

Alam Maritim Resources Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM100.6 Mil. Alam Maritim Resources Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM2.6 Mil. Alam Maritim Resources Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM-47.6 Mil. Alam Maritim Resources Bhd's debt to equity for the quarter that ended in Dec. 2023 was -2.17.

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

XKLS:5115' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.25 Med: 0.29 Max: 1.31
Current: -2.17

During the past 13 years, the highest Debt-to-Equity Ratio of Alam Maritim Resources Bhd was 1.31. The lowest was -2.25. And the median was 0.29.

XKLS:5115's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs XKLS:5115: -2.17

Alam Maritim Resources Bhd Debt-to-Equity Historical Data

The historical data trend for Alam Maritim Resources 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.

Alam Maritim Resources Bhd Debt-to-Equity Chart

Alam Maritim Resources Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun22

Jun23

Debt-to-Equity

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0.31

0.37

0.44

-1.65

-2.12

Alam Maritim Resources Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-1.59	-1.56	-2.12	-2.25	-2.17

Competitive Comparison of Alam Maritim Resources Bhd's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Alam Maritim Resources 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.

Alam Maritim Resources Bhd's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Alam Maritim Resources Bhd's Debt-to-Equity distribution charts can be found below:

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

Alam Maritim Resources Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alam Maritim Resources Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(109.619	+	2.649)	/	-52.971
	=	-2.12

Alam Maritim Resources 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
	=	(100.642	+	2.649)	/	-47.567
	=	-2.17

Alam Maritim Resources Bhd (XKLS:5115) 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.

Alam Maritim Resources Bhd Debt-to-Equity Related Terms

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Alam Maritim Resources Bhd (XKLS:5115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Alam Maritim Resources Bhd (XKLS:5115) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 38F, Level 3, Jalan Radin Anum, Bandar Baru Sri Petaling, Kuala Lumpur, MYS, 57000

Website

http://www.alam-maritim.com.my

Alam Maritim Resources Bhd is a Malaysia-based investment holding company. It operates in two business segments: Offshore Support Vessels and Services, and Subsea Services. Its Offshore support vessels and services segment which engages in providing vessels for charter hire; assisting seismic operators in seismic survey related activities; transportation of crew and supplies; towing and mooring of rigs offshore; anchor-handling services and other support. Its Sub-sea services segment is engaged in providing offshore facilities construction and installation services, such as marine construction related services; sub-sea engineering services and offshore pipeline construction-related services, and designing, manufacturing and operating of remotely operated vehicles.

Alam Maritim Resources Bhd (XKLS:5115) Headlines

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