HeveaBoard Bhd (XKLS:5095) Debt-to-Equity : 0.05 (As of Mar. 2024)

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What is HeveaBoard Bhd Debt-to-Equity?

HeveaBoard Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM3.1 Mil. HeveaBoard Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM16.4 Mil. HeveaBoard Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM416.3 Mil. HeveaBoard Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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

XKLS:5095' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.38
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of HeveaBoard Bhd was 0.38. The lowest was 0.02. And the median was 0.04.

XKLS:5095's Debt-to-Equity is ranked better than
90.19% of 265 companies
in the Forest Products industry
Industry Median: 0.48 vs XKLS:5095: 0.05

HeveaBoard Bhd Debt-to-Equity Historical Data

The historical data trend for HeveaBoard 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.

HeveaBoard Bhd Debt-to-Equity Chart

HeveaBoard Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.04

0.03

0.02

0.05

HeveaBoard Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.03	0.04	0.05	0.05

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

For the Lumber & Wood Production subindustry, HeveaBoard 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.

HeveaBoard Bhd's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, HeveaBoard Bhd's Debt-to-Equity distribution charts can be found below:

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

HeveaBoard Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HeveaBoard 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
	=	(4.296	+	14.518)	/	415.256
	=	0.05

HeveaBoard Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(3.096	+	16.407)	/	416.265
	=	0.05

HeveaBoard Bhd (XKLS:5095) 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.

HeveaBoard Bhd Debt-to-Equity Related Terms

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

HeveaBoard Bhd (XKLS:5095) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » HeveaBoard Bhd (XKLS:5095) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batu 3 Jalan Tampin, Lot 1942, Gemas, NSN, MYS, 73400

Website

https://www.heveaboard.com.my

HeveaBoard Bhd operates in particleboard business. It is engaged in manufacturing, trading and distributing of wide range of particleboard and particleboard-based products. It operates through Particleboards segment, Ready-to-assemble products segment, Cultivation and trading of gourmet fungi segment and Other segments. The Particleboards Segment is involved in the business of manufacturing and trading of particleboards and other panel boards. The Ready-to-assemble segment is involved in the business of manufacturing and trading of ready-to-assemble furniture. The Others segment is engaged in investment holding. Its products are served for furniture components, dining sets, speaker boxes, door manufacturing and office systems.

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