Rhong Khen International Bhd (XKLS:7006) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Rhong Khen International Bhd Debt-to-Equity?

Rhong Khen International Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM3.5 Mil. Rhong Khen International Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM20.3 Mil. Rhong Khen International Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM700.3 Mil. Rhong Khen International Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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

XKLS:7006' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.2 Max: 0.28
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Rhong Khen International Bhd was 0.28. The lowest was 0.03. And the median was 0.20.

XKLS:7006's Debt-to-Equity is ranked better than
89.47% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.325 vs XKLS:7006: 0.03

Rhong Khen International Bhd Debt-to-Equity Historical Data

The historical data trend for Rhong Khen International 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.

Rhong Khen International Bhd Debt-to-Equity Chart

Rhong Khen International Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.20

0.19

0.22

0.21

0.06

Rhong Khen International 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															0.12	0.06	0.04	0.04	0.03

Competitive Comparison of Rhong Khen International Bhd's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Rhong Khen International 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.

Rhong Khen International Bhd's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rhong Khen International Bhd's Debt-to-Equity distribution charts can be found below:

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

Rhong Khen International Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rhong Khen International 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
	=	(15.282	+	22.419)	/	685.956
	=	0.05

Rhong Khen International 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
	=	(3.506	+	20.332)	/	700.278
	=	0.03

Rhong Khen International Bhd (XKLS:7006) 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.

Rhong Khen International Bhd Debt-to-Equity Related Terms

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

Rhong Khen International Bhd (XKLS:7006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Rhong Khen International Bhd (XKLS:7006) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batu 7¾ Jalan Kapar, Lot 3356, Kapar, SGR, MYS, 42200

Website

http://www.rkibhd.com

Rhong Khen International Bhd predominantly manufactures and distributes polyester boards, decorative wood panels, dining furniture, bedroom sets, and impregnated paper for domestic and export markets. It has three segments Manufacturing, Rental of investment properties and Investment holding. Majority of the revenue for the company is generated from its manufacturing segment.

Rhong Khen International Bhd (XKLS:7006) Headlines

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