EVD Bhd (XKLS:0174) Debt-to-Equity : 0.07 (As of Sep. 2023)

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What is EVD Bhd Debt-to-Equity?

EVD Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM8.28 Mil. EVD Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM0.37 Mil. EVD Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM128.08 Mil. EVD Bhd's debt to equity for the quarter that ended in Sep. 2023 was 0.07.

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

XKLS:0174' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.17 Max: 0.34
Current: 0.07

During the past 11 years, the highest Debt-to-Equity Ratio of EVD Bhd was 0.34. The lowest was 0.06. And the median was 0.17.

XKLS:0174's Debt-to-Equity is ranked better than
71.69% of 2225 companies
in the Software industry
Industry Median: 0.21 vs XKLS:0174: 0.07

EVD Bhd Debt-to-Equity Historical Data

The historical data trend for EVD 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.

EVD Bhd Debt-to-Equity Chart

EVD Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Jun18

Jun19

Jun20

Jun21

Dec22

Debt-to-Equity

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0.20

0.34

0.32

0.23

0.12

EVD Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.15	0.12	0.10	0.06	0.07

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

For the Software - Application subindustry, EVD 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.

EVD Bhd's Debt-to-Equity Distribution in the Software Industry

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

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

EVD Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EVD Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(14.267	+	0.683)	/	128.088
	=	0.12

EVD Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(8.279	+	0.366)	/	128.083
	=	0.07

EVD Bhd (XKLS:0174) 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.

EVD Bhd Debt-to-Equity Related Terms

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

EVD Bhd (XKLS:0174) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » EVD Bhd (XKLS:0174) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Jalan Kajibumi U1/70, Kawasan Perindustrian Temasya, Shah Alam, SGR, MYS, 40150

Website

https://www.evd-berhad.com

EVD Bhd is an investment holding company. It operates through three main reportable segments: Transportation which is involved in the service rendered under railway and highway industries. Healthcare segment is involved in the service rendered in the hospitality industry. All other segment is involved in the investment holding and service and maintenance. The majority of the revenue was generated from the Transportation segment.

EVD Bhd (XKLS:0174) Headlines

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