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Perak Transit Bhd (XKLS:0186) Debt-to-Equity : 0.83 (As of Dec. 2023)


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What is Perak Transit Bhd Debt-to-Equity?

Perak Transit Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM57.3 Mil. Perak Transit Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM481.7 Mil. Perak Transit Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM648.9 Mil. Perak Transit Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.83.

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

XKLS:0186' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48   Med: 0.75   Max: 1.12
Current: 0.83

During the past 11 years, the highest Debt-to-Equity Ratio of Perak Transit Bhd was 1.12. The lowest was 0.48. And the median was 0.75.

XKLS:0186's Debt-to-Equity is ranked worse than
62.78% of 884 companies
in the Transportation industry
Industry Median: 0.565 vs XKLS:0186: 0.83

Perak Transit Bhd Debt-to-Equity Historical Data

The historical data trend for Perak Transit 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.

Perak Transit Bhd Debt-to-Equity Chart

Perak Transit Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.48 0.59 0.58 0.83

Perak Transit 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 0.95 0.91 0.87 0.83

Competitive Comparison of Perak Transit Bhd's Debt-to-Equity

For the Railroads subindustry, Perak Transit 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.


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

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

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



Perak Transit Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Perak Transit Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Perak Transit Bhd's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Perak Transit Bhd  (XKLS:0186) 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.


Perak Transit Bhd Debt-to-Equity Related Terms

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


Perak Transit Bhd (XKLS:0186) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sultan Idris Shah, E-6-2A, SOHO Ipoh 2, Ipoh, PRK, MYS, 30000
Perak Transit Bhd provides public bus services. The company's operating segment includes the operation of IPTT (Integrated public transportation terminal); operation of buses; operation of petrol station; operation of mining management and others. It generates maximum revenue from the operation of the IPTT segment. The Integrated public transportation terminal operations segment is engaged in the rental of A&P spaces, shops and kiosks, project facilitation, and others such as profit sharing from terminal management, car park fee, and taxi entrance fee in Terminal Meru Raya and Kampar Putra Sentral.

Perak Transit Bhd (XKLS:0186) Headlines

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