Plato Capital (SGX:YYN) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Plato Capital Debt-to-Equity?

Plato Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1.46 Mil. Plato Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.00 Mil. Plato Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$58.30 Mil. Plato Capital's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Plato Capital's Debt-to-Equity or its related term are showing as below:

SGX:YYN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.24 Max: 0.3
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Plato Capital was 0.30. The lowest was 0.03. And the median was 0.24.

SGX:YYN's Debt-to-Equity is ranked better than
89.35% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs SGX:YYN: 0.03

Plato Capital Debt-to-Equity Historical Data

The historical data trend for Plato Capital'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.

Plato Capital Debt-to-Equity Chart

Plato Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.26

0.07

0.11

0.03

Plato Capital Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.06	0.11	0.07	0.03

Competitive Comparison of Plato Capital's Debt-to-Equity

For the Asset Management subindustry, Plato Capital'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.

Plato Capital's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Plato Capital's Debt-to-Equity distribution charts can be found below:

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

Plato Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Plato Capital'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
	=	(1.461	+	0)	/	58.301
	=	0.03

Plato Capital'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
	=	(1.461	+	0)	/	58.301
	=	0.03

Plato Capital (SGX:YYN) 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.

Plato Capital Debt-to-Equity Related Terms

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

Plato Capital (SGX:YYN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Plato Capital Ltd (SGX:YYN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Jalan Damansara Endah, Damansara Heights, Ground Floor, Bangunan ECM Libra, Kuala Lumpur, MYS, 50490

Website

https://www.platosolutions.com.my

Plato Capital Ltd is a Singapore-based investment holding company. The operating segments of the company are IT Operations, Investment Activities and Corporate & Other segments. The IT operations segment provides e-commerce services, system integration related services, and distribution and marketing of computer hardware and software. The Investment activities segment manages investments in quoted and unquoted equity shares and performs money lending services. The Corporate and others segment holds an investment in related companies. All of its revenue comes from the Malaysia.

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