YKGI (SGX:YK9) Debt-to-Equity : 1.32 (As of Dec. 2023)

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What is YKGI Debt-to-Equity?

YKGI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$8.45 Mil. YKGI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$14.43 Mil. YKGI's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$17.40 Mil. YKGI's debt to equity for the quarter that ended in Dec. 2023 was 1.31.

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

SGX:YK9' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 1.67 Max: 3.53
Current: 1.32

During the past 5 years, the highest Debt-to-Equity Ratio of YKGI was 3.53. The lowest was 0.54. And the median was 1.67.

SGX:YK9's Debt-to-Equity is ranked worse than
64% of 300 companies
in the Restaurants industry
Industry Median: 0.925 vs SGX:YK9: 1.32

YKGI Debt-to-Equity Historical Data

The historical data trend for YKGI'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.

YKGI Debt-to-Equity Chart

YKGI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.60

1.67

0.54

3.53

1.32

YKGI Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.54	0.41	3.53	1.32	1.32

Competitive Comparison of YKGI's Debt-to-Equity

For the Restaurants subindustry, YKGI'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.

YKGI's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, YKGI's Debt-to-Equity distribution charts can be found below:

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

YKGI Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

YKGI'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
	=	(8.454	+	14.428)	/	17.404
	=	1.31

YKGI'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
	=	(8.454	+	14.428)	/	17.404
	=	1.31

YKGI (SGX:YK9) 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.

YKGI Debt-to-Equity Related Terms

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

YKGI (SGX:YK9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » YKGI Ltd (SGX:YK9) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 Woodlands Terrace, Singapore, SGP, 738452

Website

https://www.ykgi.com.sg

YKGI Ltd is engaged in the food and beverage business. It owns and operates a diverse portfolio of non-Halal and Halal brands including Yew Kee Duck Rice, XO Minced Meat Noodles, My Kampung Chicken Rice, PastaGo, and Victoria Bakery. The company's principal business activities are food and beverage operations, food court management, and franchising and sub-franchising. The operations are based in Singapore. It operates one central kitchen and 45 Food Outlets, manages five food courts, and is the exclusive franchisee of all 31 CHICHA San Chen tea shops in Singapore.

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