Nova MSC Bhd (XKLS:0026) Debt-to-Equity : 0.27 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Nova MSC Bhd Debt-to-Equity?

Nova MSC Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM9.17 Mil. Nova MSC Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.09 Mil. Nova MSC Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM33.77 Mil. Nova MSC Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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 Nova MSC Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0026' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.15 Max: 0.58
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Nova MSC Bhd was 0.58. The lowest was 0.01. And the median was 0.15.

XKLS:0026's Debt-to-Equity is ranked worse than
55.73% of 2218 companies
in the Software industry
Industry Median: 0.21 vs XKLS:0026: 0.27

Nova MSC Bhd Debt-to-Equity Historical Data

The historical data trend for Nova MSC 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.

Nova MSC Bhd Debt-to-Equity Chart

Nova MSC Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.14

0.23

0.12

0.21

0.27

Nova MSC 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															0.26	0.27	0.28	0.29	0.27

Competitive Comparison of Nova MSC Bhd's Debt-to-Equity

For the Software - Application subindustry, Nova MSC 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.

Nova MSC Bhd's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Nova MSC Bhd's Debt-to-Equity falls into.

Nova MSC Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nova MSC Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(9.288	+	0.792)	/	37.784
	=	0.27

Nova MSC 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
	=	(9.169	+	0.091)	/	33.767
	=	0.27

Nova MSC Bhd (XKLS:0026) 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.

Nova MSC Bhd Debt-to-Equity Related Terms

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

Nova MSC Bhd (XKLS:0026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nova MSC Bhd (XKLS:0026) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0026PA.PFD:Malaysia

Address

No. 1, Medan Syed Putra Utara, Suite A-18-3, Northpoint, Mid Valley City, Tower A, Level 18, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.nova-hub.com

Nova MSC Bhd is an investment holding company. The company is engaged in software research and development and the provision of e-business solutions through the sale of application software and professional services for software customization and implementation. Its Geographical segments include Malaysia and Singapore. The products of the company include Pavo, which is an e-Government software that facilities the online submission of application documents; Avicenna, which is a fully integrated cloud-based system that takes care of the administrative needs, EyScan, a cloud-based platform that manages and executes SELENA+, system that performs automated retinal photo analysis and others.

Nova MSC Bhd (XKLS:0026) Headlines

No Headlines