Jentayu Sustainables Bhd (XKLS:5673) Debt-to-Equity : 0.22 (As of Mar. 2024)

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What is Jentayu Sustainables Bhd Debt-to-Equity?

Jentayu Sustainables Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM4.48 Mil. Jentayu Sustainables Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM27.86 Mil. Jentayu Sustainables Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM146.95 Mil. Jentayu Sustainables Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.22.

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

XKLS:5673' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.64 Max: 1.88
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Jentayu Sustainables Bhd was 1.88. The lowest was 0.14. And the median was 0.64.

XKLS:5673's Debt-to-Equity is ranked better than
70.61% of 473 companies
in the Conglomerates industry
Industry Median: 0.56 vs XKLS:5673: 0.22

Jentayu Sustainables Bhd Debt-to-Equity Historical Data

The historical data trend for Jentayu Sustainables 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.

Jentayu Sustainables Bhd Debt-to-Equity Chart

Jentayu Sustainables Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.96

1.63

1.08

0.36

0.31

Jentayu Sustainables Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.31	0.31	0.26	0.29	0.22

Competitive Comparison of Jentayu Sustainables Bhd's Debt-to-Equity

For the Conglomerates subindustry, Jentayu Sustainables 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.

Jentayu Sustainables Bhd's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jentayu Sustainables Bhd's Debt-to-Equity distribution charts can be found below:

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

Jentayu Sustainables Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jentayu Sustainables Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(8.36	+	30.227)	/	124.049
	=	0.31

Jentayu Sustainables Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(4.478	+	27.864)	/	146.953
	=	0.22

Jentayu Sustainables Bhd (XKLS:5673) 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.

Jentayu Sustainables Bhd Debt-to-Equity Related Terms

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

Jentayu Sustainables Bhd (XKLS:5673) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jentayu Sustainables Bhd (XKLS:5673) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Persiaran KLCC, Unit 25-01, Level 25, Menara Felda, Kuala Lumpur, SGR, MYS, 50450

Website

https://www.jentayu-sustainables.com

Jentayu Sustainables Bhd is principally engaged in the businesses of trading and distribution of building materials. The company is organized into segments; Trading, Renewable energy, Property Development, Healthcare and Others. Its primary geographic market is Malaysia. The company generates majority of its revenue from the Trading segment.

Jentayu Sustainables Bhd (XKLS:5673) Headlines

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