OCK Group Bhd (XKLS:0172) Debt-to-Equity : 1.09 (As of Sep. 2023)

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What is OCK Group Bhd Debt-to-Equity?

OCK Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM232.6 Mil. OCK Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM535.6 Mil. OCK Group Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM702.0 Mil. OCK Group Bhd's debt to equity for the quarter that ended in Sep. 2023 was 1.09.

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

XKLS:0172' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 1.05 Max: 1.38
Current: 1.09

During the past 11 years, the highest Debt-to-Equity Ratio of OCK Group Bhd was 1.38. The lowest was 0.24. And the median was 1.05.

XKLS:0172's Debt-to-Equity is ranked worse than
69.05% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs XKLS:0172: 1.09

OCK Group Bhd Debt-to-Equity Historical Data

The historical data trend for OCK Group 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.

OCK Group Bhd Debt-to-Equity Chart

OCK Group Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.12

1.26

1.11

1.01

1.19

OCK Group Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.12	1.19	1.17	1.16	1.09

Competitive Comparison of OCK Group Bhd's Debt-to-Equity

For the Telecom Services subindustry, OCK Group 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.

OCK Group Bhd's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, OCK Group Bhd's Debt-to-Equity distribution charts can be found below:

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

OCK Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OCK Group Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(269.065	+	492.325)	/	639.197
	=	1.19

OCK Group Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(232.62	+	535.572)	/	702.037
	=	1.09

OCK Group Bhd (XKLS:0172) 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.

OCK Group Bhd Debt-to-Equity Related Terms

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OCK Group Bhd (XKLS:0172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » OCK Group Bhd (XKLS:0172) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Jalan Jurunilai U1/20, Seksyen U1, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150

Website

https://www.ock.com.my

OCK Group Bhd provides telecommunications network services. The company is engaged in the provision of telecommunication services equipped with the ability to provide full turnkey services. The company operates in segments namely Telecommunication Network Services, Green Energy & Power Solutions, Trading, Mechanical & Electrical Engineering Services, and Investment Holding. The majority of the revenue is generated from the Telecommunication Network Services. The company also trades in telecommunication hardware and installation of materials such as antennas, feeder cables, and connectors. The company operates in Malaysia, China, Myanmar, Indonesia, Singapore, and Vietnam, out of which Malaysia accounts for the majority revenue.

OCK Group Bhd (XKLS:0172) Headlines

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