Kencana Agri (SGX:BNE) Debt-to-Equity : 0.07 (As of Jun. 2023)

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What is Kencana Agri Debt-to-Equity?

Kencana Agri's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was S$1.6 Mil. Kencana Agri's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was S$1.7 Mil. Kencana Agri's Total Stockholders Equity for the quarter that ended in Jun. 2023 was S$45.2 Mil. Kencana Agri's debt to equity for the quarter that ended in Jun. 2023 was 0.07.

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 Kencana Agri's Debt-to-Equity or its related term are showing as below:

SGX:BNE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 26.29
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Kencana Agri was 26.29. The lowest was 0.01. And the median was 0.06.

SGX:BNE's Debt-to-Equity is ranked better than
84.88% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs SGX:BNE: 0.07

Kencana Agri Debt-to-Equity Historical Data

The historical data trend for Kencana Agri'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.

Kencana Agri Debt-to-Equity Chart

Kencana Agri Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

12.26

26.29

18.17

7.52

6.40

Kencana Agri Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	7.52	0.04	6.40	0.07

Competitive Comparison of Kencana Agri's Debt-to-Equity

For the Farm Products subindustry, Kencana Agri'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.

Kencana Agri's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kencana Agri's Debt-to-Equity distribution charts can be found below:

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

Kencana Agri Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kencana Agri'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
	=	(66.684	+	197.555)	/	41.273
	=	6.40

Kencana Agri's Debt to Equity Ratio for the quarter 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
	=	(1.619	+	1.657)	/	45.174
	=	0.07

Kencana Agri (SGX:BNE) 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.

Kencana Agri Debt-to-Equity Related Terms

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Kencana Agri (SGX:BNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kencana Agri Ltd (SGX:BNE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KEBA:Germany

Address

Jalan Raya Meruya llir No. 88, Kencana Tower, 8th Floor, Business Park Kebon Jeruk, Jakarta Barat, Jakarta, IDN, 11620

Website

https://www.kencanaagri.com

Kencana Agri Ltd operates as a plantation company. The group is engaged in the cultivation of oil palms; the processing of fresh fruit bunches (FFB) into crude palm oil (CPO), crude palm kernel oil (CPKO), and palm kernel cake (PKC); refining of CPO. It operates through the palm oil plantation business segment. The company's plantation segment which earns the majority revenue for the firm consists of plantations, palm oil mills, and kernel crushing plants. The majority of revenue gets generated through Indonesia.