Petronas Chemicals Group Bhd (XKLS:5183) Debt-to-Equity : 0.13 (As of Dec. 2023)

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What is Petronas Chemicals Group Bhd Debt-to-Equity?

Petronas Chemicals Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM729 Mil. Petronas Chemicals Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4,403 Mil. Petronas Chemicals Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM40,415 Mil. Petronas Chemicals Group Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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

XKLS:5183' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.08 Max: 0.13
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Petronas Chemicals Group Bhd was 0.13. The lowest was 0.00. And the median was 0.08.

XKLS:5183's Debt-to-Equity is ranked better than
73.18% of 1398 companies
in the Chemicals industry
Industry Median: 0.35 vs XKLS:5183: 0.13

Petronas Chemicals Group Bhd Debt-to-Equity Historical Data

The historical data trend for Petronas Chemicals Group 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.

Petronas Chemicals Group Bhd Debt-to-Equity Chart

Petronas Chemicals Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.11

0.12

0.13

Petronas Chemicals Group 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															0.12	0.12	0.12	0.13	0.13

Competitive Comparison of Petronas Chemicals Group Bhd's Debt-to-Equity

For the Chemicals subindustry, Petronas Chemicals Group 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.

Petronas Chemicals Group Bhd's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Petronas Chemicals Group Bhd's Debt-to-Equity distribution charts can be found below:

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

Petronas Chemicals Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Petronas Chemicals Group 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
	=	(729	+	4403)	/	40415
	=	0.13

Petronas Chemicals Group 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
	=	(729	+	4403)	/	40415
	=	0.13

Petronas Chemicals Group Bhd (XKLS:5183) 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.

Petronas Chemicals Group Bhd Debt-to-Equity Related Terms

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

Petronas Chemicals Group Bhd (XKLS:5183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Petronas Chemicals Group Bhd (XKLS:5183) » Definitions » Debt-to-Equity

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PECGF:USA

Address

Tower 1, Petronas Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088

Website

http://www.petronaschemicals.com

Petronas Chemicals Group Bhd manufactures and sells a variety of petrochemicals. The firm organizes itself into three segments based on product type: Olefins and Derivatives; Fertilizers and Methanol and Specialties. The Olefins and Derivatives segment, which generates the majority of revenue, sells chemicals used in the production of acrylic acids, antifreeze, printing ink, dyes, gas treating solvents, personal care products, and plastics used in packaging films, wires, cables, and ducting. The Fertilizers and Methanol segment sells chemicals used in gasoline additives, plastic resins, ammonia, and fertilizers. The majority of revenue comes from Malaysia.

Petronas Chemicals Group Bhd (XKLS:5183) Headlines

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