Kerjaya Prospek Group Bhd (XKLS:7161) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Kerjaya Prospek Group Bhd Debt-to-Equity?

Kerjaya Prospek Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM30 Mil. Kerjaya Prospek Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM1 Mil. Kerjaya Prospek Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM1,161 Mil. Kerjaya Prospek Group 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 Kerjaya Prospek Group Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:7161' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.13
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Kerjaya Prospek Group Bhd was 0.13. The lowest was 0.00. And the median was 0.06.

XKLS:7161's Debt-to-Equity is ranked better than
92.97% of 1521 companies
in the Construction industry
Industry Median: 0.44 vs XKLS:7161: 0.03

Kerjaya Prospek Group Bhd Debt-to-Equity Historical Data

The historical data trend for Kerjaya Prospek Group 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.

Kerjaya Prospek Group Bhd Debt-to-Equity Chart

Kerjaya Prospek Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.07

0.03

0.01

0.03

Kerjaya Prospek Group 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															0.04	0.01	0.01	0.03	0.03

Competitive Comparison of Kerjaya Prospek Group Bhd's Debt-to-Equity

For the Engineering & Construction subindustry, Kerjaya Prospek Group 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.

Kerjaya Prospek Group Bhd's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kerjaya Prospek Group Bhd's Debt-to-Equity distribution charts can be found below:

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

Kerjaya Prospek Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kerjaya Prospek Group 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
	=	(29.825	+	0.825)	/	1152.97
	=	0.03

Kerjaya Prospek Group 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
	=	(30.324	+	0.683)	/	1161.316
	=	0.03

Kerjaya Prospek Group Bhd (XKLS:7161) 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.

Kerjaya Prospek Group Bhd Debt-to-Equity Related Terms

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

Kerjaya Prospek Group Bhd (XKLS:7161) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kerjaya Prospek Group Bhd (XKLS:7161) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Wangsa Permai, 2nd Floor, Bangunan One Wangsa, Taman Wangsa Permai, Kuala Lumpur, SGR, MYS, 52200

Website

https://www.kerjayagroup.com

Kerjaya Prospek Group Bhd is an investment holding company. The company's operating segment includes Manufacturing, Construction, Properties, Hospitality, and others. It generates maximum revenue from the Construction segment. The Construction segment is engaged in main building construction works, provision of contract workmanship, and other related services. Its Manufacturing segment is involved in manufacturing, assemble, installation and sale of light fitting, furniture and kitchen cabinetry, and related products. The Properties segment includes the development of residential and/or commercial properties. The Hospitality segment includes Hotel activities.

Kerjaya Prospek Group Bhd (XKLS:7161) Headlines

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