Iconic Worldwide Bhd (XKLS:9113) Debt-to-Equity : 0.62 (As of Dec. 2023)

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What is Iconic Worldwide Bhd Debt-to-Equity?

Iconic Worldwide Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM24.26 Mil. Iconic Worldwide Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM76.25 Mil. Iconic Worldwide Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM162.07 Mil. Iconic Worldwide Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.62.

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

XKLS:9113' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.62
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Iconic Worldwide Bhd was 0.62. The lowest was 0.02. And the median was 0.05.

XKLS:9113's Debt-to-Equity is ranked worse than
77.79% of 707 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs XKLS:9113: 0.62

Iconic Worldwide Bhd Debt-to-Equity Historical Data

The historical data trend for Iconic Worldwide 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.

Iconic Worldwide Bhd Debt-to-Equity Chart

Iconic Worldwide Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.03

0.02

0.49

0.57

Iconic Worldwide 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															0.51	0.57	0.56	0.58	0.62

Competitive Comparison of Iconic Worldwide Bhd's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, Iconic Worldwide 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.

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

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

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

Iconic Worldwide Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Iconic Worldwide 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
	=	(14.406	+	85.432)	/	176.315
	=	0.57

Iconic Worldwide 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
	=	(24.259	+	76.253)	/	162.068
	=	0.62

Iconic Worldwide Bhd (XKLS:9113) 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.

Iconic Worldwide Bhd Debt-to-Equity Related Terms

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

Iconic Worldwide Bhd (XKLS:9113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Iconic Worldwide Bhd (XKLS:9113) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 1-2, Jalan Icon City, Icon City, Bukit Mertajam, PNG, MYS, 14000

Website

https://www.iconicworldwide.com.my

Iconic Worldwide Bhd is an investment holding company. The company is involved in tourism and property businesses. The company is organized into the following reportable segments: Property development including construction and sale of commercial properties which generates maximum revenue for the company; Manufacturing segment involved in the manufacturing of personal protective equipment, mainly disposable face masks and gloves; Tourism services engaged in the provision of tours and ticketing services, transportation services, hospitality services and trading of souvenirs, and other tourism-related products; and Others segment comprises investment holding, trading, warehousing, mobile crane services, timber log trading, sawmilling and manufacturing of downstream timber products.

Iconic Worldwide Bhd (XKLS:9113) Headlines

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