Jade Marvel Group Bhd (XKLS:7043) Debt-to-Equity : 0.02 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Jade Marvel Group Bhd Debt-to-Equity?

Jade Marvel Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM3.63 Mil. Jade Marvel Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.84 Mil. Jade Marvel Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM186.81 Mil. Jade Marvel Group Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 Jade Marvel Group Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7043' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 0.24
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Jade Marvel Group Bhd was 0.24. The lowest was 0.02. And the median was 0.11.

XKLS:7043's Debt-to-Equity is ranked better than
95.47% of 353 companies
in the Building Materials industry
Industry Median: 0.38 vs XKLS:7043: 0.02

Jade Marvel Group Bhd Debt-to-Equity Historical Data

The historical data trend for Jade Marvel Group 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.

Jade Marvel Group Bhd Debt-to-Equity Chart

Jade Marvel Group Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.15

0.07

0.10

0.06

0.03

Jade Marvel Group 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															0.03	0.03	0.05	0.04	0.02

Competitive Comparison of Jade Marvel Group Bhd's Debt-to-Equity

For the Building Materials subindustry, Jade Marvel Group 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.

Jade Marvel Group Bhd's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Jade Marvel Group Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jade Marvel Group Bhd's Debt-to-Equity falls into.

Jade Marvel Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jade Marvel Group 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
	=	(4.317	+	0.843)	/	190.197
	=	0.03

Jade Marvel Group 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
	=	(3.634	+	0.843)	/	186.81
	=	0.02

Jade Marvel Group Bhd (XKLS:7043) 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.

Jade Marvel Group Bhd Debt-to-Equity Related Terms

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

Jade Marvel Group Bhd (XKLS:7043) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Jade Marvel Group Bhd (XKLS:7043) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

THE C.E.O, Unit 31-16-3, Lebuh Nipah 5, Bayan Lepas, Penang, MYS, 11950

Website

https://www.jademarvel.com.my

Jade Marvel Group Bhd is an investment holding and management service company. Its operating segments include Investment holdings, Manufacturing, Financing, Constructions, Property development, Healthcare and others. The Property development segment is the key revenue driver for the company. Geographically, it operates only in Malaysia.

Jade Marvel Group Bhd (XKLS:7043) Headlines

No Headlines