SMTrack Bhd (XKLS:0169) Debt-to-Equity : 0.26 (As of Dec. 2023)

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What is SMTrack Bhd Debt-to-Equity?

SMTrack Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM9.57 Mil. SMTrack Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM9.05 Mil. SMTrack Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM71.40 Mil. SMTrack Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

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

XKLS:0169' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.25 Max: 0.26
Current: 0.26

During the past 9 years, the highest Debt-to-Equity Ratio of SMTrack Bhd was 0.26. The lowest was 0.25. And the median was 0.25.

XKLS:0169's Debt-to-Equity is ranked worse than
54.65% of 2225 companies
in the Software industry
Industry Median: 0.21 vs XKLS:0169: 0.26

SMTrack Bhd Debt-to-Equity Historical Data

The historical data trend for SMTrack 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.

SMTrack Bhd Debt-to-Equity Chart

SMTrack Bhd Annual Data

Trend

Sep10

Sep11

Sep12

Sep13

Mar15

Jul16

Jul17

Jul18

Jul19

Debt-to-Equity

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SMTrack Bhd Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	N/A	0.25	0.25	0.26

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

For the Information Technology Services subindustry, SMTrack 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.

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

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

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

SMTrack Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SMTrack Bhd's Debt to Equity Ratio for the fiscal year that ended in Jul. 2019 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	+	0)	/	11.536
	=	0.00

SMTrack 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
	=	(9.572	+	9.049)	/	71.399
	=	0.26

SMTrack Bhd (XKLS:0169) 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.

SMTrack Bhd Debt-to-Equity Related Terms

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SMTrack Bhd (XKLS:0169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SMTrack Bhd (XKLS:0169) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Unit 29-7, 7th Floor, The Bouvelard, Mid Valley City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

http://www.smtrackberhad.my

SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in Investment holding and others segment, Delivery segment and Beauty and wellness segment. It derives majority of its revenues from the Investment holding and others segment and has operations spread across Malaysia.

SMTrack Bhd (XKLS:0169) Headlines

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