Genting Plantations Bhd (XKLS:2291) Debt-to-Equity : 0.39 (As of Dec. 2023)

View and export this data going back to 1982. Start your Free Trial

What is Genting Plantations Bhd Debt-to-Equity?

Genting Plantations Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM531 Mil. Genting Plantations Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1,565 Mil. Genting Plantations Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM5,334 Mil. Genting Plantations 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 Genting Plantations Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:2291' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.53 Max: 0.74
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Genting Plantations Bhd was 0.74. The lowest was 0.26. And the median was 0.53.

XKLS:2291's Debt-to-Equity is ranked better than
51.61% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs XKLS:2291: 0.39

Genting Plantations Bhd Debt-to-Equity Historical Data

The historical data trend for Genting Plantations 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.

Genting Plantations Bhd Debt-to-Equity Chart

Genting Plantations Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.53

0.49

0.47

0.39

Genting Plantations 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															0.47	0.44	0.40	0.42	0.39

Competitive Comparison of Genting Plantations Bhd's Debt-to-Equity

For the Farm Products subindustry, Genting Plantations 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.

Genting Plantations Bhd's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Genting Plantations Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Genting Plantations 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
	=	(531.279	+	1565.152)	/	5334.304
	=	0.39

Genting Plantations 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
	=	(531.279	+	1565.152)	/	5334.304
	=	0.39

Genting Plantations Bhd (XKLS:2291) 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.

Genting Plantations Bhd Debt-to-Equity Related Terms

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

Genting Plantations Bhd (XKLS:2291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Genting Plantations Bhd (XKLS:2291) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Ismail, 10th Floor, Wisma Genting, Kuala Lumpur, SGR, MYS, 50250

Website

https://www.gentingplantations.com

Genting Plantations Bhd is engaged in the oil palm plantation business. It operates in five segments: Plantation, which includes upstream activities relating to oil palm plantations in Malaysia and Indonesia; Property segment includes activities relating to property development and property investment; AgTech segment is into genomics research and development; Downstream Manufacturing segment related to manufacturing and sale of palm oil derivative products; and Others. Geographically, it operates in two segments, namely Malaysia and Indonesia, of which the vast majority of its revenue comes from Malaysia.

Genting Plantations Bhd (XKLS:2291) Headlines

No Headlines