Baba Eco Group Bhd (XKLS:03012) Debt-to-Equity : 0.17 (As of Oct. 2023)

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What is Baba Eco Group Bhd Debt-to-Equity?

Baba Eco Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was RM3.58 Mil. Baba Eco Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was RM5.99 Mil. Baba Eco Group Bhd's Total Stockholders Equity for the quarter that ended in Oct. 2023 was RM56.85 Mil. Baba Eco Group Bhd's debt to equity for the quarter that ended in Oct. 2023 was 0.17.

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

XKLS:03012' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.16 Max: 0.18
Current: 0.17

During the past 9 years, the highest Debt-to-Equity Ratio of Baba Eco Group Bhd was 0.18. The lowest was 0.13. And the median was 0.16.

XKLS:03012's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.62 vs XKLS:03012: 0.17

Baba Eco Group Bhd Debt-to-Equity Historical Data

The historical data trend for Baba Eco 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.

Baba Eco Group Bhd Debt-to-Equity Chart

Baba Eco Group Bhd Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.16

0.15

0.17

0.13

0.17

Baba Eco Group Bhd Semi-Annual Data
	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial										0.17	0.17	0.13	0.18	0.17

Competitive Comparison of Baba Eco Group Bhd's Debt-to-Equity

For the Home Improvement Retail subindustry, Baba Eco 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.

Baba Eco Group Bhd's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Baba Eco Group Bhd's Debt-to-Equity distribution charts can be found below:

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

Baba Eco Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Baba Eco Group Bhd's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(3.579	+	5.989)	/	56.85
	=	0.17

Baba Eco Group Bhd's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(3.579	+	5.989)	/	56.85
	=	0.17

Baba Eco Group Bhd (XKLS:03012) 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.

Baba Eco Group Bhd Debt-to-Equity Related Terms

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

Baba Eco Group Bhd (XKLS:03012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Baba Eco Group Bhd (XKLS:03012) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1384, Atas Lot 841, MK-1, Jalan Tasek, Seberang Perai Selatan, Pulau Pinang, Simpang Ampat, MYS, 14120

Website

https://www.baba.com.my

Baba Eco Group Bhd is an integrated gardening supplies provider under brand name Baba. The business activities of the group include manufacturing and trading of a diversified range of eco-friendly biodegradable plastic flower pots and planting media; the processing and trading of organic fertilizers and natural pesticides; and the trading of a diversified range of gardening accessories, seeds and agricultural produce. Geographically it serves both Malaysian and other international market.

Baba Eco Group Bhd (XKLS:03012) Headlines

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