WMG Holdings Bhd (XKLS:6378) Debt-to-Equity : 1.21 (As of Mar. 2024)

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What is WMG Holdings Bhd Debt-to-Equity?

WMG Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM128.3 Mil. WMG Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM73.8 Mil. WMG Holdings Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM167.2 Mil. WMG Holdings Bhd's debt to equity for the quarter that ended in Mar. 2024 was 1.21.

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

XKLS:6378' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 1.18 Max: 1.43
Current: 1.2

During the past 13 years, the highest Debt-to-Equity Ratio of WMG Holdings Bhd was 1.43. The lowest was 0.04. And the median was 1.18.

XKLS:6378's Debt-to-Equity is ranked worse than
87.29% of 354 companies
in the Building Materials industry
Industry Median: 0.38 vs XKLS:6378: 1.20

WMG Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for WMG Holdings 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.

WMG Holdings Bhd Debt-to-Equity Chart

WMG Holdings Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.17

1.37

1.43

1.34

1.20

WMG Holdings 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															1.33	1.41	1.24	1.20	1.21

Competitive Comparison of WMG Holdings Bhd's Debt-to-Equity

For the Building Materials subindustry, WMG Holdings 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.

WMG Holdings Bhd's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, WMG Holdings Bhd's Debt-to-Equity distribution charts can be found below:

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

WMG Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WMG Holdings 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
	=	(120.665	+	79.718)	/	167.524
	=	1.20

WMG Holdings 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
	=	(128.348	+	73.842)	/	167.189
	=	1.21

WMG Holdings Bhd (XKLS:6378) 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.

WMG Holdings Bhd Debt-to-Equity Related Terms

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WMG Holdings Bhd (XKLS:6378) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » WMG Holdings Bhd (XKLS:6378) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wisma WMG, Lot 1 & 2, Jalan Indah Jaya, Taman Indah Jaya, Jalan Lintas Selatan, Sandakan, SBH, MYS, 90000

Website

https://www.wmghb.com.my

WMG Holdings Bhd is a Malaysia-based investment holding company. The company operates in three reportable segments namely the Property development segment, which includes the development of residential and commercial properties, property letting, and property management; Hardware, building materials, and related goods segment, which includes wholesaling and retailing of hardware, building materials, and related goods; and others segment. The company's projects are located in Kota Kinabalu and Sandakan.

WMG Holdings Bhd (XKLS:6378) Headlines

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