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One Glove Group Bhd (XKLS:5079) Debt-to-Equity : 1.13 (As of Dec. 2023)


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What is One Glove Group Bhd Debt-to-Equity?

One Glove Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM8.39 Mil. One Glove Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM131.05 Mil. One Glove Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM123.96 Mil. One Glove Group Bhd's debt to equity for the quarter that ended in Dec. 2023 was 1.12.

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

XKLS:5079' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 0.33   Max: 2.02
Current: 1.13

During the past 12 years, the highest Debt-to-Equity Ratio of One Glove Group Bhd was 2.02. The lowest was 0.09. And the median was 0.33.

XKLS:5079's Debt-to-Equity is ranked worse than
89.56% of 709 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs XKLS:5079: 1.13

One Glove Group Bhd Debt-to-Equity Historical Data

The historical data trend for One Glove 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.

One Glove Group Bhd Debt-to-Equity Chart

One Glove Group Bhd Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Jun19
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.09 0.33 0.25 0.53

One Glove Group Bhd Quarterly Data
Sep17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.02 1.07 1.33 1.08 1.13

Competitive Comparison of One Glove Group Bhd's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, One Glove 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.


One Glove Group Bhd's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, One Glove Group Bhd's Debt-to-Equity distribution charts can be found below:

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



One Glove Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

One Glove Group Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 2019 is calculated as

One Glove Group Bhd's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


One Glove Group Bhd  (XKLS:5079) 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.


One Glove Group Bhd Debt-to-Equity Related Terms

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One Glove Group Bhd (XKLS:5079) Business Description

Traded in Other Exchanges
N/A
Address
Perindustrian Kamunting 3, Lot 73-86, Jalan Logam 5, Kamunting Raya Indutrial Estate, Kamunting, PRK, MYS, 34600
One Glove Group Bhd is a glove innovator and manufacturer. The company's segment includes Manufacturing, Investment holding, and Others. Its geographical market includes Japan, Germany, Malaysia, Singapore, the United States of America, India, and Others of which it generates the majority of its revenue from Singapore.

One Glove Group Bhd (XKLS:5079) Headlines

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