Greatech Technology Bhd (XKLS:0208) Debt-to-Equity : 0.02 (As of Dec. 2024)

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What is Greatech Technology Bhd Debt-to-Equity?

Greatech Technology Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM2.9 Mil. Greatech Technology Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM17.4 Mil. Greatech Technology Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM909.3 Mil. Greatech Technology Bhd's debt to equity for the quarter that ended in Dec. 2024 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 Greatech Technology Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0208' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: 0.34
Current: 0.02

During the past 10 years, the highest Debt-to-Equity Ratio of Greatech Technology Bhd was 0.34. The lowest was 0.02. And the median was 0.09.

XKLS:0208's Debt-to-Equity is ranked better than
93.93% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs XKLS:0208: 0.02

Greatech Technology Bhd Debt-to-Equity Historical Data

The historical data trend for Greatech Technology 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.

Greatech Technology Bhd Debt-to-Equity Chart

Greatech Technology Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.07

0.05

0.03

0.02

Greatech Technology Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.03	0.02	0.02

Competitive Comparison of Greatech Technology Bhd's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Greatech Technology 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.

Greatech Technology Bhd's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greatech Technology Bhd's Debt-to-Equity distribution charts can be found below:

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

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Greatech Technology Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Greatech Technology Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(2.937	+	17.423)	/	909.29
	=	0.02

Greatech Technology Bhd's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(2.937	+	17.423)	/	909.29
	=	0.02

Greatech Technology Bhd (XKLS:0208) 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.

Greatech Technology Bhd Debt-to-Equity Related Terms

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

Greatech Technology Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Greatech Technology Bhd (XKLS:0208) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Plot 287(A), Lengkok Kampung Jawa Satu, Bayan Lepas Free Industrial Zone, Phase 3, Bayan Lepas, PNG, MYS, 11900

Website

https://www.greatech-group.com

Greatech Technology Bhd is an investment holding company. It operates in a single segment of the sale of automated equipment together with the provision of parts and services. Its product ranges from single automated equipment up to a production line system that comprises multiple automated types of equipment. It offers its products to various industries such as Solar, Electronic Devices, Semiconductors, Life science, Energy Storage, and Glass Substrate. Its geographical segments are Ireland, Malaysia, China, Singapore, Thailand, the United Kingdom, the United States, Vietnam, and others.

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