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Wasco Bhd (XKLS:5142) Debt-to-Equity : 1.32 (As of Dec. 2023)


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What is Wasco Bhd Debt-to-Equity?

Wasco Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM672 Mil. Wasco Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM257 Mil. Wasco Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM705 Mil. Wasco Bhd's debt to equity for the quarter that ended in Dec. 2023 was 1.32.

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

XKLS:5142' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.89   Med: 1.26   Max: 1.77
Current: 1.32

During the past 13 years, the highest Debt-to-Equity Ratio of Wasco Bhd was 1.77. The lowest was 0.89. And the median was 1.26.

XKLS:5142's Debt-to-Equity is ranked worse than
81.08% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs XKLS:5142: 1.32

Wasco Bhd Debt-to-Equity Historical Data

The historical data trend for Wasco 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.

Wasco Bhd Debt-to-Equity Chart

Wasco Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.55 1.70 1.77 1.32

Wasco 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 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 1.77 1.65 1.65 1.53 1.32

Competitive Comparison of Wasco Bhd's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Wasco 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.


Wasco Bhd's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wasco Bhd's Debt-to-Equity distribution charts can be found below:

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



Wasco Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wasco Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Wasco 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.


Wasco Bhd  (XKLS:5142) 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.


Wasco Bhd Debt-to-Equity Related Terms

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


Wasco Bhd (XKLS:5142) Business Description

Traded in Other Exchanges
N/A
Address
The Gardens North Tower, Suite 19.01, Level 19, Mid Valley City, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Wasco Bhd, formerly Wah Seong Corp Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (EPC) of gas compressors and process equipment; renewable energy and infrastructure materials and services. Its segments include the Energy solutions services division; the Renewable energy division; the Industrial trading & services division; and Others. It derives the majority of its revenue from the Energy solutions services division that provides pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities, and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries.

Wasco Bhd (XKLS:5142) Headlines

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