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Kein Hing International Bhd (XKLS:7199) Debt-to-Equity : 0.31 (As of Jan. 2024)


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What is Kein Hing International Bhd Debt-to-Equity?

Kein Hing International Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM28.6 Mil. Kein Hing International Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM25.8 Mil. Kein Hing International Bhd's Total Stockholders Equity for the quarter that ended in Jan. 2024 was RM173.4 Mil. Kein Hing International Bhd's debt to equity for the quarter that ended in Jan. 2024 was 0.31.

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

XKLS:7199' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28   Med: 0.41   Max: 0.57
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Kein Hing International Bhd was 0.57. The lowest was 0.28. And the median was 0.41.

XKLS:7199's Debt-to-Equity is ranked worse than
52.23% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKLS:7199: 0.31

Kein Hing International Bhd Debt-to-Equity Historical Data

The historical data trend for Kein Hing 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.

Kein Hing International Bhd Debt-to-Equity Chart

Kein Hing International Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.41 0.40 0.34 0.29

Kein Hing International Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.29 0.33 0.33 0.31

Competitive Comparison of Kein Hing International Bhd's Debt-to-Equity

For the Metal Fabrication subindustry, Kein Hing 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.


Kein Hing International Bhd's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kein Hing International Bhd's Debt-to-Equity distribution charts can be found below:

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



Kein Hing International Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kein Hing International Bhd's Debt to Equity Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Kein Hing International Bhd's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

* 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.


Kein Hing International Bhd  (XKLS:7199) 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.


Kein Hing International Bhd Debt-to-Equity Related Terms

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Kein Hing International Bhd (XKLS:7199) Business Description

Traded in Other Exchanges
N/A
Address
Lot 1863, Jalan Kolej, Seri Kembangan, SGR, MYS, 43300
Kein Hing International Bhd is a Malaysia based investment holding company. The company's operating segment includes Manufacturing; Trading and Investment holding. It generates maximum revenue from the Manufacturing segment. Manufacturing segment includes sheet metal forming, precision machining, component assembly and manufacture and sale of gas appliances. Geographically, it derives a majority of its revenue is from Vietnam and also has a presence in Malaysia; America; Europe; Hong Kong; Thailand; Australia; Brazil and Other Countries.

Kein Hing International Bhd (XKLS:7199) Headlines

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