Nationgate Holdings Bhd (XKLS:0270) Debt-to-Equity : 0.30 (As of Dec. 2023)

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What is Nationgate Holdings Bhd Debt-to-Equity?

Nationgate Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM98.0 Mil. Nationgate Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM27.6 Mil. Nationgate Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM414.7 Mil. Nationgate Holdings Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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

XKLS:0270' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 1.39 Max: 1.48
Current: 0.3

During the past 5 years, the highest Debt-to-Equity Ratio of Nationgate Holdings Bhd was 1.48. The lowest was 0.30. And the median was 1.39.

XKLS:0270's Debt-to-Equity is ranked worse than
50.84% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs XKLS:0270: 0.30

Nationgate Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Nationgate Holdings 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.

Nationgate Holdings Bhd Debt-to-Equity Chart

Nationgate Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.31

1.39

1.48

1.44

0.30

Nationgate Holdings Bhd Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						1.44	0.38	0.31	0.34	0.30

Competitive Comparison of Nationgate Holdings Bhd's Debt-to-Equity

For the Electronic Components subindustry, Nationgate Holdings 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.

Nationgate Holdings Bhd's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nationgate Holdings Bhd's Debt-to-Equity distribution charts can be found below:

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

Nationgate Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nationgate Holdings 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
	=	(97.992	+	27.603)	/	414.749
	=	0.30

Nationgate Holdings Bhd's Debt to Equity Ratio for the quarter 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
	=	(97.992	+	27.603)	/	414.749
	=	0.30

Nationgate Holdings Bhd (XKLS:0270) 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.

Nationgate Holdings Bhd Debt-to-Equity Related Terms

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Nationgate Holdings Bhd (XKLS:0270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nationgate Holdings Bhd (XKLS:0270) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2005, Tingkat Perusahaan Satu, Kawasan Perindustrian Prai, Pulau Pinang, Perai, PNG, MYS, 13600

Website

http://www.nationgate.com.my

Nationgate Holdings Bhd is engaged in the assembling and testing of electronic components and products to produce completed PCBs, semi-finished sub-assemblies, and fullyassembled electronic products as well as semiconductor devices.

Nationgate Holdings Bhd (XKLS:0270) Headlines

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