Sarawak Oil Palms Bhd (XKLS:5126) Debt-to-Equity : 0.24 (As of Dec. 2023)

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What is Sarawak Oil Palms Bhd Debt-to-Equity?

Sarawak Oil Palms Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM623 Mil. Sarawak Oil Palms Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM224 Mil. Sarawak Oil Palms Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM3,514 Mil. Sarawak Oil Palms Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

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

XKLS:5126' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.58 Max: 0.79
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Sarawak Oil Palms Bhd was 0.79. The lowest was 0.23. And the median was 0.58.

XKLS:5126's Debt-to-Equity is ranked better than
64.41% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs XKLS:5126: 0.24

Sarawak Oil Palms Bhd Debt-to-Equity Historical Data

The historical data trend for Sarawak Oil Palms 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.

Sarawak Oil Palms Bhd Debt-to-Equity Chart

Sarawak Oil Palms Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.56

0.47

0.36

0.23

0.24

Sarawak Oil Palms 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															0.23	0.24	0.22	0.24	0.24

Competitive Comparison of Sarawak Oil Palms Bhd's Debt-to-Equity

For the Farm Products subindustry, Sarawak Oil Palms 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.

Sarawak Oil Palms Bhd's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Sarawak Oil Palms Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sarawak Oil Palms 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
	=	(623.381	+	223.791)	/	3514.033
	=	0.24

Sarawak Oil Palms 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
	=	(623.381	+	223.791)	/	3514.033
	=	0.24

Sarawak Oil Palms Bhd (XKLS:5126) 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.

Sarawak Oil Palms Bhd Debt-to-Equity Related Terms

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Sarawak Oil Palms Bhd (XKLS:5126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sarawak Oil Palms Bhd (XKLS:5126) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 124-126, Jalan Bendahara, P.O. Box 547, Miri, SWK, MYS, 98000

Website

https://www.sop.com.my

Sarawak Oil Palms Bhd is a Malaysia-based company engaged in the principal activities of investment holding, cultivation of oil palms, and operations of palm oil mills. The primary businesses of the company are oil palm plantation, milling, refining of oil palm products, and trading of oil palm products. The operating segments of the group are Oil Palms and Property development. Its Oil Palms segment contributes majorly to the group's revenue. The company's geographical segments include Malaysia, Asia-Pacific, and Others.

Sarawak Oil Palms Bhd (XKLS:5126) Headlines

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