Dominant Enterprise Bhd (XKLS:7169) Debt-to-Equity : 0.66 (As of Dec. 2023)

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What is Dominant Enterprise Bhd Debt-to-Equity?

Dominant Enterprise Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM213.9 Mil. Dominant Enterprise Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM22.5 Mil. Dominant Enterprise Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM361.0 Mil. Dominant Enterprise Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.65.

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

XKLS:7169' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 0.67 Max: 0.83
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Dominant Enterprise Bhd was 0.83. The lowest was 0.48. And the median was 0.67.

XKLS:7169's Debt-to-Equity is ranked worse than
61.13% of 265 companies
in the Forest Products industry
Industry Median: 0.49 vs XKLS:7169: 0.66

Dominant Enterprise Bhd Debt-to-Equity Historical Data

The historical data trend for Dominant Enterprise 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.

Dominant Enterprise Bhd Debt-to-Equity Chart

Dominant Enterprise Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.73

0.62

0.56

0.67

0.68

Dominant Enterprise 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															0.74	0.68	0.66	0.65	0.66

Competitive Comparison of Dominant Enterprise Bhd's Debt-to-Equity

For the Lumber & Wood Production subindustry, Dominant Enterprise 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.

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

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

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

Dominant Enterprise Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dominant Enterprise 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
	=	(209.431	+	29.421)	/	353.493
	=	0.68

Dominant Enterprise 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
	=	(213.878	+	22.544)	/	360.954
	=	0.65

Dominant Enterprise Bhd (XKLS:7169) 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.

Dominant Enterprise Bhd Debt-to-Equity Related Terms

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Dominant Enterprise Bhd (XKLS:7169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Dominant Enterprise Bhd (XKLS:7169) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Gemilang 1, Taman Perindustrian Maju Jaya, Johor Bahru, JHR, MYS, 81300

Website

https://www.dominant.com.my

Dominant Enterprise Bhd is a Malaysia-based company engaged in the business of manufacturing and distribution of engineered wood moldings, investment holding, providing management services, laminated wood panels, and other wood accessories. The company is organized into two business segments: The manufacturing segment comprises of production of laminated wood panel products and primed density fiberboard moldings, wrapped moldings, and furniture components; and the Distribution segment comprises of distribution of wood products and building materials which also contributes as a main part of revenue. It operates mainly in the Malaysian market, while it also has a presence in Australia, Asia, and other countries.

Dominant Enterprise Bhd (XKLS:7169) Headlines

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