Unitrade Industries Bhd (XKLS:0247) Debt-to-Equity : 1.84 (As of Dec. 2023)

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What is Unitrade Industries Bhd Debt-to-Equity?

Unitrade Industries Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM521 Mil. Unitrade Industries Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM119 Mil. Unitrade Industries Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM348 Mil. Unitrade Industries Bhd's debt to equity for the quarter that ended in Dec. 2023 was 1.84.

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

XKLS:0247' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.47 Med: 1.74 Max: 2.31
Current: 1.84

During the past 5 years, the highest Debt-to-Equity Ratio of Unitrade Industries Bhd was 2.31. The lowest was 1.47. And the median was 1.74.

XKLS:0247's Debt-to-Equity is ranked worse than
96.27% of 134 companies
in the Industrial Distribution industry
Industry Median: 0.5 vs XKLS:0247: 1.84

Unitrade Industries Bhd Debt-to-Equity Historical Data

The historical data trend for Unitrade Industries 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.

Unitrade Industries Bhd Debt-to-Equity Chart

Unitrade Industries Bhd Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

1.77

2.31

2.24

2.30

1.47

Unitrade Industries Bhd Quarterly Data
	Mar19	Mar20	Mar21	Nov21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							1.71	1.47	1.63	1.76	1.84

Competitive Comparison of Unitrade Industries Bhd's Debt-to-Equity

For the Industrial Distribution subindustry, Unitrade Industries 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.

Unitrade Industries Bhd's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Unitrade Industries Bhd's Debt-to-Equity distribution charts can be found below:

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

Unitrade Industries Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Unitrade Industries 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
	=	(367.809	+	117.951)	/	329.771
	=	1.47

Unitrade Industries 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
	=	(520.754	+	118.769)	/	348.084
	=	1.84

Unitrade Industries Bhd (XKLS:0247) 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.

Unitrade Industries Bhd Debt-to-Equity Related Terms

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

Unitrade Industries Bhd (XKLS:0247) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Unitrade Industries Bhd (XKLS:0247) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Jalan Astaka U8/87, Seksyen U8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150

Website

https://www.unitrade.com.my

Unitrade Industries Bhd is a supplier and distributor of construction materials including pipe fittings and valves. The segments of the company are the Wholesale and distribution of building materials for mechanical and engineering (M&E) works comprising pipes, valves, fittings, and accessories, and civil works comprising reinforcement steel, structural steel, and other building material; Manufacturing and sale of pre-insulated pipes; Rental of temporary structural support equipment and Others. The company earns the maximum of its revenue from the Wholesale and distribution segment. The Group operates in Malaysia.

Unitrade Industries Bhd (XKLS:0247) Headlines

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