Sern Kou Resources Bhd (XKLS:7180) Debt-to-Equity : 0.47 (As of Mar. 2024)

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What is Sern Kou Resources Bhd Debt-to-Equity?

Sern Kou Resources Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM96.7 Mil. Sern Kou Resources Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM12.6 Mil. Sern Kou Resources Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM230.8 Mil. Sern Kou Resources Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.47.

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

XKLS:7180' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.49 Max: 0.85
Current: 0.47

During the past 13 years, the highest Debt-to-Equity Ratio of Sern Kou Resources Bhd was 0.85. The lowest was 0.31. And the median was 0.49.

XKLS:7180's Debt-to-Equity is ranked better than
50.38% of 264 companies
in the Forest Products industry
Industry Median: 0.48 vs XKLS:7180: 0.47

Sern Kou Resources Bhd Debt-to-Equity Historical Data

The historical data trend for Sern Kou Resources 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.

Sern Kou Resources Bhd Debt-to-Equity Chart

Sern Kou Resources Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.76

0.63

0.37

0.34

Sern Kou Resources 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															0.32	0.34	0.40	0.45	0.47

Competitive Comparison of Sern Kou Resources Bhd's Debt-to-Equity

For the Lumber & Wood Production subindustry, Sern Kou Resources 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.

Sern Kou Resources Bhd's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sern Kou Resources Bhd's Debt-to-Equity distribution charts can be found below:

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

Sern Kou Resources Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sern Kou Resources 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
	=	(64.685	+	14.099)	/	232.86
	=	0.34

Sern Kou Resources 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
	=	(96.656	+	12.639)	/	230.779
	=	0.47

Sern Kou Resources Bhd (XKLS:7180) 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.

Sern Kou Resources Bhd Debt-to-Equity Related Terms

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Sern Kou Resources Bhd (XKLS:7180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sern Kou Resources Bhd (XKLS:7180) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Perindustrian 1, Lot PTD 6019 (Lot 8804), Kawasan Perindustrian Bukit Bakri, Mukim Bakri, Muar, JHR, MYS, 84200

Website

https://www.sernkou.com

Sern Kou Resources Bhd along with its subsidiaries is engaged in manufacturing, processing and trading all kinds of timber, wood and related products, and logging, processing and trading of rubberwood and timber. The company's reportable segments include, Manufacturing and trading of wooden furniture, Investment holding and processing and trading of wood. Substantial revenue for the company is generated from it processing and trading of woods segment. The company has presence in different geographical areas which include, Malaysia, United States of America and European countries, Asia-Pacific countries and others.

Sern Kou Resources Bhd (XKLS:7180) Headlines

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