Anacle Systems (HKSE:08353) Debt-to-Equity : 0.19 (As of Nov. 2023)

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What is Anacle Systems Debt-to-Equity?

Anacle Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was HK$6.6 Mil. Anacle Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was HK$11.9 Mil. Anacle Systems's Total Stockholders Equity for the quarter that ended in Nov. 2023 was HK$95.7 Mil. Anacle Systems's debt to equity for the quarter that ended in Nov. 2023 was 0.19.

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 Anacle Systems's Debt-to-Equity or its related term are showing as below:

HKSE:08353' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.19 Max: 0.3
Current: 0.19

During the past 9 years, the highest Debt-to-Equity Ratio of Anacle Systems was 0.30. The lowest was 0.01. And the median was 0.19.

HKSE:08353's Debt-to-Equity is ranked better than
52.83% of 2224 companies
in the Software industry
Industry Median: 0.21 vs HKSE:08353: 0.19

Anacle Systems Debt-to-Equity Historical Data

The historical data trend for Anacle Systems'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.

Anacle Systems Debt-to-Equity Chart

Anacle Systems Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

Debt-to-Equity

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0.01

0.02

0.30

0.23

0.22

Anacle Systems Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.22	N/A	0.19	N/A

Competitive Comparison of Anacle Systems's Debt-to-Equity

For the Software - Application subindustry, Anacle Systems'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.

Anacle Systems's Debt-to-Equity Distribution in the Software Industry

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

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

Anacle Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anacle Systems's Debt to Equity Ratio for the fiscal year that ended in May. 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
	=	(6.617	+	14.75)	/	99.132
	=	0.22

Anacle Systems's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(6.6	+	11.867)	/	95.732
	=	0.19

Anacle Systems (HKSE:08353) 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.

Anacle Systems Debt-to-Equity Related Terms

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

Anacle Systems (HKSE:08353) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Anacle Systems Ltd (HKSE:08353) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

3 Fusionopolis Way, No. 14-21 Symbiosis, Singapore, SGP, 138633

Website

https://www.anacle.com

Anacle Systems Ltd is a Singapore-based company engaged in software development. It has three operating segments. Simplicity and MyBill segment, which is the key revenue driver, provides specific solutions for enterprise asset management, shared resources management, tenancy management, financial management, supply chain management, customer relationship management and billing management; Starlight segment provides all-time access to the energy profiles of buildings, including information such as energy consumption, power quality, energy analytics, and carbon footprint profiles; and SpaceMonster segment provides an online venue booking platform. Its geographical segments include Singapore, Malaysia, Thailand, China and others, of which the majority of the revenue comes from Singapore.

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