Adventa Bhd (XKLS:7191) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Adventa Bhd Debt-to-Equity?

Adventa Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM0.79 Mil. Adventa Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM0.00 Mil. Adventa Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM92.53 Mil. Adventa Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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

XKLS:7191' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.33 Max: 0.7
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Adventa Bhd was 0.70. The lowest was 0.01. And the median was 0.33.

XKLS:7191's Debt-to-Equity is ranked better than
99.86% of 707 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs XKLS:7191: 0.01

Adventa Bhd Debt-to-Equity Historical Data

The historical data trend for Adventa 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.

Adventa Bhd Debt-to-Equity Chart

Adventa Bhd Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.10

0.05

0.01

0.08

Adventa Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.18	0.15	0.29	0.08	0.01

Competitive Comparison of Adventa Bhd's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, Adventa 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.

Adventa Bhd's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Adventa Bhd's Debt-to-Equity distribution charts can be found below:

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

Adventa Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adventa 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
	=	(2.068	+	5.67)	/	91.902
	=	0.08

Adventa Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0.789	+	0)	/	92.534
	=	0.01

Adventa Bhd (XKLS:7191) 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.

Adventa Bhd Debt-to-Equity Related Terms

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

Adventa Bhd (XKLS:7191) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Adventa Bhd (XKLS:7191) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 21, Jalan Tandang 51/205A, Seksyen 51, Petaling Jaya, SGR, MYS, 46050

Website

https://www.adventa.com.my

Adventa Bhd is engaged in the business of medical services and related supplies manufacturing. The company's segments include Healthcare Business, Warehousing provider, and Corporate. It generates maximum revenue from the Healthcare Business segment. The healthcare business segment comprises the supply of healthcare and related products and services to hospitals, healthcare centres, and pharmacies. Previously, it also included the renal dialysis business which are both for home and centre-based treatments, serving both the domestic and export markets. Geographically, it derives a majority of revenue from Malaysia.

Adventa Bhd (XKLS:7191) Headlines

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