Ho Wah Genting Bhd (XKLS:9601) Debt-to-Equity : 0.11 (As of Dec. 2023)

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What is Ho Wah Genting Bhd Debt-to-Equity?

Ho Wah Genting Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM5.2 Mil. Ho Wah Genting Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4.0 Mil. Ho Wah Genting Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM88.2 Mil. Ho Wah Genting Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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

XKLS:9601' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.51 Max: 0.87
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Ho Wah Genting Bhd was 0.87. The lowest was 0.11. And the median was 0.51.

XKLS:9601's Debt-to-Equity is ranked better than
72.93% of 2630 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKLS:9601: 0.11

Ho Wah Genting Bhd Debt-to-Equity Historical Data

The historical data trend for Ho Wah Genting 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.

Ho Wah Genting Bhd Debt-to-Equity Chart

Ho Wah Genting Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Apr22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.40

0.80

0.56

0.46

0.11

Ho Wah Genting Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.36	0.49	0.07	0.11

Competitive Comparison of Ho Wah Genting Bhd's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Ho Wah Genting 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.

Ho Wah Genting Bhd's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ho Wah Genting Bhd's Debt-to-Equity distribution charts can be found below:

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

Ho Wah Genting Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ho Wah Genting 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
	=	(5.215	+	4.009)	/	88.208
	=	0.10

Ho Wah Genting 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
	=	(5.215	+	4.009)	/	88.208
	=	0.10

Ho Wah Genting Bhd (XKLS:9601) 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.

Ho Wah Genting Bhd Debt-to-Equity Related Terms

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

Ho Wah Genting Bhd (XKLS:9601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ho Wah Genting Bhd (XKLS:9601) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, Jalan Maharajalela, 1st Floor, Wisma Ho Wah Genting, Kuala Lumpur, SGR, MYS, 50150

Website

https://www.hwgenting.com

Ho Wah Genting Bhd is engaged in investment holdings and the provision of management services to its subsidiaries. The group has four operating segments, namely, Investment, Moulded power supply cord sets, Healthcare and Travelling Services. Moulded power supply cord sets is engaged in manufacturing and trading of wires and cables, moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment. The group earns a majority of the revenue from Moulded power supply cord sets. Geographically, the group has a presence in North America, Malaysia and the Rest of Asia; with a majority of the revenue being generated from North America.

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