VCI Global (VCI Global) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is VCI Global Debt-to-Equity?

VCI Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.30 Mil. VCI Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.17 Mil. VCI Global's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $20.84 Mil. VCI Global's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 VCI Global's Debt-to-Equity or its related term are showing as below:

VCIG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.07
Current: 0.02

During the past 4 years, the highest Debt-to-Equity Ratio of VCI Global was 0.07. The lowest was 0.02. And the median was 0.06.

VCIG's Debt-to-Equity is ranked better than
95.26% of 928 companies
in the Business Services industry
Industry Median: 0.385 vs VCIG: 0.02

VCI Global Debt-to-Equity Historical Data

The historical data trend for VCI Global'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.

VCI Global Debt-to-Equity Chart

VCI Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.06

0.07

0.02

VCI Global Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.06	0.04	0.07	0.02	0.02

Competitive Comparison of VCI Global's Debt-to-Equity

For the Consulting Services subindustry, VCI Global'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.

VCI Global's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, VCI Global's Debt-to-Equity distribution charts can be found below:

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

VCI Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VCI Global'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
	=	(0.298	+	0.17)	/	20.838
	=	0.02

VCI Global'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
	=	(0.298	+	0.17)	/	20.838
	=	0.02

VCI Global (NAS:VCIG) 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.

VCI Global Debt-to-Equity Related Terms

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

VCI Global (VCI Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » VCI Global Ltd (NAS:VCIG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Jalan Bangsar 59200, B03-C-8 Menara 3A, KL Eco City, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.v-capital.co

VCI Global Ltd is a holding company. The principal activities of the Company and its subsidiaries are the provision of business Strategy consultancy and technology development solution consultancy. The firm organized its consulting services into three main segments: Business Strategy Consultancy; Technology Consultancy; and Others. It derives the majority of its revenue from the Business Strategy Consultancy segment which focuses on listing solutions, investor relations, and boardroom strategies consultancy. It has established a diverse local and international clientele, providing them with its services in both local and cross-border listings. Its role begins with pre-listing diagnosis and planning to the finalization of the entire listing process.