Tien Wah Press Holdings Bhd (XKLS:7374) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Tien Wah Press Holdings Bhd Debt-to-Equity?

Tien Wah Press Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM2.7 Mil. Tien Wah Press Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM15.7 Mil. Tien Wah Press Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM278.3 Mil. Tien Wah Press Holdings Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 Tien Wah Press Holdings Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7374' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.28 Max: 0.43
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Tien Wah Press Holdings Bhd was 0.43. The lowest was 0.06. And the median was 0.28.

XKLS:7374's Debt-to-Equity is ranked better than
84.07% of 923 companies
in the Business Services industry
Industry Median: 0.37 vs XKLS:7374: 0.07

Tien Wah Press Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Tien Wah Press Holdings 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.

Tien Wah Press Holdings Bhd Debt-to-Equity Chart

Tien Wah Press Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.43

0.22

0.13

0.06

0.07

Tien Wah Press Holdings 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															0.06	0.05	0.07	0.07	0.07

Competitive Comparison of Tien Wah Press Holdings Bhd's Debt-to-Equity

For the Specialty Business Services subindustry, Tien Wah Press Holdings 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.

Tien Wah Press Holdings Bhd's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tien Wah Press Holdings Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tien Wah Press Holdings Bhd's Debt-to-Equity falls into.

Tien Wah Press Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tien Wah Press Holdings 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
	=	(2.695	+	15.734)	/	278.292
	=	0.07

Tien Wah Press Holdings 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
	=	(2.695	+	15.734)	/	278.292
	=	0.07

Tien Wah Press Holdings Bhd (XKLS:7374) 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.

Tien Wah Press Holdings Bhd Debt-to-Equity Related Terms

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

Tien Wah Press Holdings Bhd (XKLS:7374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tien Wah Press Holdings Bhd (XKLS:7374) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Jalan Prof. Khoo Kay Kim, Lot 03-8, 8th Floor, Menara Symphony, Seksyen 13, Petaling Jaya, SGR, MYS, 46200

Website

https://www.tienwah.com

Tien Wah Press Holdings Bhd is a print packaging company. It offers a packaging solution and produces mainly gravure and offset printed materials for tobacco packaging including cigarette packs, fast-moving consumer product packaging, and labels. Products of the group include flat unglued blanks, crash bottom or auto-lock cartons, labeled cartons, cartons with peelable labels/stickers, clamshells, and trays, UV coated cartons, glued skillet cartons, multiwall cartons comprising inner frames, cartons with CD inserts and barrier coated carton for grease and moisture resistance. The operating segment of the company is Printing and Trading and is managed on a worldwide basis and manufacturing facilities and sales offices are in Malaysia, Vietnam, Australia, United Arab Emirates, and Hong Kong.

Tien Wah Press Holdings Bhd (XKLS:7374) Headlines

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