Perdana Petroleum Bhd (XKLS:7108) Debt-to-Equity : 0.04 (As of Dec. 2023)

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What is Perdana Petroleum Bhd Debt-to-Equity?

Perdana Petroleum Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM10.6 Mil. Perdana Petroleum Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM16.8 Mil. Perdana Petroleum Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM666.5 Mil. Perdana Petroleum Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

XKLS:7108' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.67 Max: 1.49
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Perdana Petroleum Bhd was 1.49. The lowest was 0.04. And the median was 0.67.

XKLS:7108's Debt-to-Equity is ranked better than
91.74% of 835 companies
in the Oil & Gas industry
Industry Median: 0.45 vs XKLS:7108: 0.04

Perdana Petroleum Bhd Debt-to-Equity Historical Data

The historical data trend for Perdana Petroleum 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.

Perdana Petroleum Bhd Debt-to-Equity Chart

Perdana Petroleum Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.13

0.09

0.04

Perdana Petroleum Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.08	0.06	0.05	0.04

Competitive Comparison of Perdana Petroleum Bhd's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Perdana Petroleum 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.

Perdana Petroleum Bhd's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Perdana Petroleum Bhd's Debt-to-Equity distribution charts can be found below:

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

Perdana Petroleum Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Perdana Petroleum 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
	=	(10.607	+	16.841)	/	666.484
	=	0.04

Perdana Petroleum 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
	=	(10.607	+	16.841)	/	666.484
	=	0.04

Perdana Petroleum Bhd (XKLS:7108) 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.

Perdana Petroleum Bhd Debt-to-Equity Related Terms

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

Perdana Petroleum Bhd (XKLS:7108) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Perdana Petroleum Bhd (XKLS:7108) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

VSQ at PJCC, Jalan Utara, Level 18, Block 2, Petaling Jaya, SGR, MYS, 46200

Website

https://www.perdana.my

Perdana Petroleum Bhd is a Malaysia based company that engages in the provision of offshore marine support services for the upstream oil and gas industry in the domestic and regional markets. It operates through the only segment: Marine offshore support services. The Marine offshore support services segment is engaged in the provision of vessels for the upstream oil and gas industry, ranging from towing, mooring and anchoring of non-self-propelled marine vessels, and transportation of drilling equipment, production chemicals, and project materials to engineering and workshop facilities onboard. Geographically, it derives majority revenue from Malaysia.

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