Rapid Synergy Bhd (XKLS:7765) Debt-to-Equity : 0.68 (As of Mar. 2024)

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What is Rapid Synergy Bhd Debt-to-Equity?

Rapid Synergy Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM53.38 Mil. Rapid Synergy Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM66.38 Mil. Rapid Synergy Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM175.04 Mil. Rapid Synergy Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.68.

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

XKLS:7765' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 1.06 Max: 1.27
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Rapid Synergy Bhd was 1.27. The lowest was 0.68. And the median was 1.06.

XKLS:7765's Debt-to-Equity is ranked worse than
78.92% of 873 companies
in the Semiconductors industry
Industry Median: 0.26 vs XKLS:7765: 0.68

Rapid Synergy Bhd Debt-to-Equity Historical Data

The historical data trend for Rapid Synergy 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.

Rapid Synergy Bhd Debt-to-Equity Chart

Rapid Synergy Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

Get a 7-Day Free Trial

1.18

0.99

1.06

1.07

1.10

Rapid Synergy Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.95	1.01	0.85	0.83	0.68

Competitive Comparison of Rapid Synergy Bhd's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Rapid Synergy 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.

Rapid Synergy Bhd's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Rapid Synergy Bhd's Debt-to-Equity distribution charts can be found below:

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

Rapid Synergy Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rapid Synergy Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(37.458	+	134.771)	/	156.201
	=	1.10

Rapid Synergy 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
	=	(53.376	+	66.384)	/	175.037
	=	0.68

Rapid Synergy Bhd (XKLS:7765) 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.

Rapid Synergy Bhd Debt-to-Equity Related Terms

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Rapid Synergy Bhd (XKLS:7765) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Rapid Synergy Bhd (XKLS:7765) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

161 Jalan Sungai Keluang, Bayan Lepas FIZ, Phase I, Bayan Lepas, PNG, MYS, 11900

Website

https://www.rapidsynergy.com.my

Rapid Synergy Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the group is engaged in the business segments of Investment holding and Precision Tooling. The Precision tools segment engages in the manufacturing of precision tools, dies, and moulds for the semiconductor, electrical and electronics industries. It offers integrated circuits and lens moulds, spare parts, and trim and form parts. It has two segments: The Investment holding segment involves investment in properties and shares and letting of properties and the Precision tooling segment involves Manufacturing of precision tools, dies and moulds for the semiconductor, electrical and electronics industries. It operates in Malaysia.

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