GDEX Bhd (XKLS:0078) Debt-to-Equity : 0.23 (As of Mar. 2024)

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What is GDEX Bhd Debt-to-Equity?

GDEX Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM21.1 Mil. GDEX Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM72.5 Mil. GDEX Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM413.9 Mil. GDEX Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.23.

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

XKLS:0078' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.17 Max: 0.26
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of GDEX Bhd was 0.26. The lowest was 0.05. And the median was 0.17.

XKLS:0078's Debt-to-Equity is ranked better than
74.55% of 884 companies
in the Transportation industry
Industry Median: 0.55 vs XKLS:0078: 0.23

GDEX Bhd Debt-to-Equity Historical Data

The historical data trend for GDEX 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.

GDEX Bhd Debt-to-Equity Chart

GDEX Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Dec23

Debt-to-Equity

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0.09

0.08

0.22

0.26

0.25

GDEX Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.26	0.26	0.26	0.25	0.23

Competitive Comparison of GDEX Bhd's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, GDEX 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.

GDEX Bhd's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, GDEX Bhd's Debt-to-Equity distribution charts can be found below:

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

GDEX Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GDEX Bhd'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
	=	(17.254	+	84.929)	/	416.404
	=	0.25

GDEX Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(21.093	+	72.511)	/	413.922
	=	0.23

GDEX Bhd (XKLS:0078) 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.

GDEX Bhd Debt-to-Equity Related Terms

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

GDEX Bhd (XKLS:0078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » GDEX Bhd (XKLS:0078) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, Jalan Tandang, Petaling Jaya, SGR, MYS, 46050

Website

https://www.gdexpress.com

GDEX Bhd mainly engages in the provision of express delivery, logistics, information technology services, and property management. It provides a domestic express carrier, international express carrier, customized logistics solutions, logistics services, enhanced liability coverage, GDEX prepaid, and among others. The group has five business segments Express delivery, Logistics, Property management, Information technology, and Property investment. The majority of the revenue comes from the Express delivery segment. The company's geographical segments include Malaysia, which is the key revenue driver; Singapore; and Vietnam.

GDEX Bhd (XKLS:0078) Headlines

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