Gallant Venture (SGX:5IG) Debt-to-Equity : 0.62 (As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Gallant Venture Debt-to-Equity?

Gallant Venture's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$92.1 Mil. Gallant Venture's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$337.0 Mil. Gallant Venture's Total Stockholders Equity for the quarter that ended in Jun. 2024 was S$689.3 Mil. Gallant Venture's debt to equity for the quarter that ended in Jun. 2024 was 0.62.

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 Gallant Venture's Debt-to-Equity or its related term are showing as below:

SGX:5IG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 1.22 Max: 2.64
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Gallant Venture was 2.64. The lowest was 0.42. And the median was 1.22.

SGX:5IG's Debt-to-Equity is ranked better than
60.72% of 471 companies
in the Utilities - Regulated industry
Industry Median: 0.87 vs SGX:5IG: 0.62

Gallant Venture Debt-to-Equity Historical Data

The historical data trend for Gallant Venture'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.

Gallant Venture Debt-to-Equity Chart

Gallant Venture Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.64

0.43

0.48

0.52

0.53

Gallant Venture Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.48	0.52	0.48	0.53	0.62

Competitive Comparison of Gallant Venture's Debt-to-Equity

For the Utilities - Diversified subindustry, Gallant Venture'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.

Gallant Venture's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gallant Venture's Debt-to-Equity distribution charts can be found below:

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

Gallant Venture Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gallant Venture'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
	=	(76.636	+	316.237)	/	740.77
	=	0.53

Gallant Venture's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(92.083	+	336.995)	/	689.283
	=	0.62

Gallant Venture (SGX:5IG) 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.

Gallant Venture Debt-to-Equity Related Terms

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

Gallant Venture Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Gallant Venture Ltd (SGX:5IG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 HarbourFront Place, No. 16-01 HarbourFront Tower Two, Singapore, SGP, 099254

Website

http://www.gallantventure.com

Gallant Venture Ltd is an investment holding company. The company operates in different segments: Utilities, which is engaged in activities of provision of electricity and water supply, telecommunication services, and waste management services; Industrial parks, which is into the development, construction, operation, and maintenance of industrial properties; Resort operations, which are engaged in the provision of services to resort operation; and Property development, which is engaged in activities of developing industrial and resort properties. The majority is from the utilities segment. Geographically, the Group operates mainly in Indonesia.

Gallant Venture Headlines

No Headlines