Hai Leck Holdings (SGX:BLH) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Hai Leck Holdings Debt-to-Equity?

Hai Leck Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$0.56 Mil. Hai Leck Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$2.72 Mil. Hai Leck Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was S$112.58 Mil. Hai Leck Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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 Hai Leck Holdings's Debt-to-Equity or its related term are showing as below:

SGX:BLH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.07
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Hai Leck Holdings was 0.07. The lowest was 0.00. And the median was 0.03.

SGX:BLH's Debt-to-Equity is ranked better than
93.46% of 826 companies
in the Oil & Gas industry
Industry Median: 0.45 vs SGX:BLH: 0.03

Hai Leck Holdings Debt-to-Equity Historical Data

The historical data trend for Hai Leck Holdings'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.

Hai Leck Holdings Debt-to-Equity Chart

Hai Leck Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.06

0.05

0.04

Hai Leck Holdings 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															0.04	0.04	0.03	0.03	0.03

Competitive Comparison of Hai Leck Holdings's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Hai Leck Holdings'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.

Hai Leck Holdings's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hai Leck Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hai Leck Holdings's Debt-to-Equity falls into.

Hai Leck Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hai Leck Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.652	+	3.401)	/	115.098
	=	0.04

Hai Leck Holdings'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
	=	(0.556	+	2.724)	/	112.576
	=	0.03

Hai Leck Holdings (SGX:BLH) 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.

Hai Leck Holdings Debt-to-Equity Related Terms

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

Hai Leck Holdings (SGX:BLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hai Leck Holdings Ltd (SGX:BLH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

47 Tuas View Circuit, Singapore, SGP, 637357

Website

https://www.haileck.com

Hai Leck Holdings Ltd is an investment holding company. The company's operating segment based on its products and services includes Project and maintenance services and Contact centre services. The project and maintenance services segment comprises of mechanical engineering services, scaffolding, corrosion prevention services, thermal insulation services, refractory and passive fireproofing and complemented by general civil engineering services. Its Contact centre services segment pertains to call centre services, telecommunications, and information technology services. Geographically, it derives a majority of revenue from Singapore.

Hai Leck Holdings (SGX:BLH) Headlines

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