Betamek Bhd (XKLS:0263) Debt-to-Equity : 0.08 (As of Dec. 2023)

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What is Betamek Bhd Debt-to-Equity?

Betamek Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1.4 Mil. Betamek Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM10.1 Mil. Betamek Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM147.7 Mil. Betamek Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.08.

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

XKLS:0263' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.1 Max: 0.34
Current: 0.08

During the past 4 years, the highest Debt-to-Equity Ratio of Betamek Bhd was 0.34. The lowest was 0.08. And the median was 0.10.

XKLS:0263's Debt-to-Equity is ranked better than
85.93% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs XKLS:0263: 0.08

Betamek Bhd Debt-to-Equity Historical Data

The historical data trend for Betamek 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.

Betamek Bhd Debt-to-Equity Chart

Betamek Bhd Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Debt-to-Equity

0.15

0.27

0.34

Betamek Bhd Quarterly Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.11	0.10	0.09	0.08	0.08

Competitive Comparison of Betamek Bhd's Debt-to-Equity

For the Auto Parts subindustry, Betamek 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.

Betamek Bhd's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Betamek Bhd's Debt-to-Equity distribution charts can be found below:

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

Betamek Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Betamek Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(12.281	+	19.03)	/	93.434
	=	0.34

Betamek 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
	=	(1.382	+	10.129)	/	147.695
	=	0.08

Betamek Bhd (XKLS:0263) 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.

Betamek Bhd Debt-to-Equity Related Terms

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Betamek Bhd (XKLS:0263) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Betamek Bhd (XKLS:0263) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Taman Industri Integrasi Rawang, Lingkaran Taman Industri Integrasi Rawang 2, Lot 137, Rawang, SGR, MYS, 48000

Website

https://www.betamek.com.my

Betamek Bhd is actively involved in automotive electronics product design and manufacturing, working closely with customers in Malaysia, Japan, and Indonesia. It offers products such as CD changers, car clocks, air purifiers, switches, lighter/power sockets, roof-mounted monitors, speakers, USB chargers, digital air-conditioning controllers, and other electronic accessories. The company operates in three segments Vehicle audio and visual products, Vehicle accessories, and Investment holding and the majority of revenue generates from Vehicle audio and visual products.

Betamek Bhd (XKLS:0263) Headlines

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