Omesti Bhd (XKLS:9008PB.PFD) Debt-to-Equity : 0.37 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Omesti Bhd Debt-to-Equity?

Omesti Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM83.33 Mil. Omesti Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM26.35 Mil. Omesti Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM292.96 Mil. Omesti Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.37.

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

XKLS:9008PB.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.45 Max: 1.05
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Omesti Bhd was 1.05. The lowest was 0.32. And the median was 0.45.

XKLS:9008PB.PFD's Debt-to-Equity is ranked better than
51.02% of 927 companies
in the Business Services industry
Industry Median: 0.38 vs XKLS:9008PB.PFD: 0.37

Omesti Bhd Debt-to-Equity Historical Data

The historical data trend for Omesti 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.

Omesti Bhd Debt-to-Equity Chart

Omesti Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.62

0.41

0.65

1.05

0.37

Omesti 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															0.34	0.37	0.37	0.38	0.37

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

For the Specialty Business Services subindustry, Omesti 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.

Omesti Bhd's Debt-to-Equity Distribution in the Business Services Industry

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

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

Omesti Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Omesti 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
	=	(105.989	+	16.695)	/	330.781
	=	0.37

Omesti 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
	=	(83.325	+	26.346)	/	292.964
	=	0.37

Omesti Bhd (XKLS:9008PB.PFD) 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.

Omesti Bhd Debt-to-Equity Related Terms

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

Omesti Bhd (XKLS:9008PB.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Omesti Bhd (XKLS:9008PB.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9008:Malaysia

Address

No. 1 Persiaran Jalil 1, Bandar Bukit Jalil, 2-07-01 - Level 7, Plaza Bukit Jalil, Ho Hup Tower - Aurora Place, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.omesti.com

Omesti Bhd is an investment holding and provision of management service company. The company's reportable segment includes Business Performance Services; Trading and Distribution Services; Digital and Infrastructure Services, Healthcare Services, and Others. The company generates maximum revenue from the Business Performance Services segment. The Business Performance Services segment is engaged in the provision of business performance improvement-related services. Trading and Distribution Services is engaged in the distribution and reselling of hardware and software and related services. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Singapore, Indonesia, Vietnam, and Brunei.

Omesti Bhd (XKLS:9008PB.PFD) Headlines

No Headlines