Advance Synergy Bhd (XKLS:1481) Debt-to-Equity : 0.39 (As of Dec. 2023)

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What is Advance Synergy Bhd Debt-to-Equity?

Advance Synergy Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM53.3 Mil. Advance Synergy Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM112.1 Mil. Advance Synergy Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM420.6 Mil. Advance Synergy Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.39.

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

XKLS:1481' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.24 Max: 0.39
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Advance Synergy Bhd was 0.39. The lowest was 0.18. And the median was 0.24.

XKLS:1481's Debt-to-Equity is ranked better than
55.49% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs XKLS:1481: 0.39

Advance Synergy Bhd Debt-to-Equity Historical Data

The historical data trend for Advance Synergy 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.

Advance Synergy Bhd Debt-to-Equity Chart

Advance Synergy Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.22

0.25

0.35

0.38

0.39

Advance Synergy Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.38	0.37	0.36	0.35	0.39

Competitive Comparison of Advance Synergy Bhd's Debt-to-Equity

For the Travel Services subindustry, Advance Synergy 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.

Advance Synergy Bhd's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Advance Synergy Bhd's Debt-to-Equity distribution charts can be found below:

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

Advance Synergy Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advance Synergy Bhd'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
	=	(53.287	+	112.129)	/	420.639
	=	0.39

Advance Synergy 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
	=	(53.287	+	112.129)	/	420.639
	=	0.39

Advance Synergy Bhd (XKLS:1481) 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.

Advance Synergy Bhd Debt-to-Equity Related Terms

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

Advance Synergy Bhd (XKLS:1481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Advance Synergy Bhd (XKLS:1481) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Synergy 9, 9 Jalan Kajibumi U1/70,, Ground Floor, Temasya Glenmarie, Shah Alam, SGR, MYS, 40150

Website

https://www.asb.com.my

Advance Synergy Bhd is an investment holding company. Its segments include Investment Holding, which provides corporate and financial support to the group; Property Development engages in the development of residential and commercial properties; the Information and Communications Technology segment is engaged in the design and development of telecommunications software applications and systems; Travel and Tours segment is involved in the money services business and provision of travel-related services; Financial Services includes payment card issuing and acquiring and related services and money services business and Others segment. It operates mainly in Malaysia, Africa, Singapore, the Middle East, Europe and others.

Advance Synergy Bhd (XKLS:1481) Headlines

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