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CelcomDigi Bhd (CelcomDigi Bhd) Debt-to-Equity : 0.80 (As of Dec. 2023)


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What is CelcomDigi Bhd Debt-to-Equity?

CelcomDigi Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $478 Mil. CelcomDigi Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,312 Mil. CelcomDigi Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,510 Mil. CelcomDigi Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.80.

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

DIGBF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.8   Med: 4.2   Max: 9
Current: 0.8

During the past 13 years, the highest Debt-to-Equity Ratio of CelcomDigi Bhd was 9.00. The lowest was 0.80. And the median was 4.20.

DIGBF's Debt-to-Equity is ranked worse than
57.02% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs DIGBF: 0.80

CelcomDigi Bhd Debt-to-Equity Historical Data

The historical data trend for CelcomDigi 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.

CelcomDigi Bhd Debt-to-Equity Chart

CelcomDigi Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.80 9.00 7.84 0.91 0.80

CelcomDigi 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 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 0.91 0.88 0.84 0.82 0.80

Competitive Comparison of CelcomDigi Bhd's Debt-to-Equity

For the Telecom Services subindustry, CelcomDigi 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.


CelcomDigi Bhd's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, CelcomDigi Bhd's Debt-to-Equity distribution charts can be found below:

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



CelcomDigi Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CelcomDigi Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

CelcomDigi Bhd's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


CelcomDigi Bhd  (OTCPK:DIGBF) 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.


CelcomDigi Bhd Debt-to-Equity Related Terms

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CelcomDigi Bhd (CelcomDigi Bhd) Business Description

Traded in Other Exchanges
Address
No. 6, Persiaran Barat, Seksyen 52, Level 31, Menara CelcomDigi, Petaling Jaya, SGR, MYS, 46200
CelcomDigi Bhd is a telecommunications company. The company is primarily involved in the e provision of mobile communication services and wireless Internet services.

CelcomDigi Bhd (CelcomDigi Bhd) Headlines

From GuruFocus

Q4 2023 CelcomDigi Bhd Earnings Presentation Transcript

By GuruFocus Research 02-28-2024