Pekat Group Bhd (XKLS:0233) Debt-to-Equity : 0.06 (As of Mar. 2024)

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What is Pekat Group Bhd Debt-to-Equity?

Pekat Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM5.4 Mil. Pekat Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM2.6 Mil. Pekat Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM140.4 Mil. Pekat Group Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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

XKLS:0233' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.26 Max: 0.63
Current: 0.06

During the past 7 years, the highest Debt-to-Equity Ratio of Pekat Group Bhd was 0.63. The lowest was 0.04. And the median was 0.26.

XKLS:0233's Debt-to-Equity is ranked better than
77.85% of 876 companies
in the Semiconductors industry
Industry Median: 0.26 vs XKLS:0233: 0.06

Pekat Group Bhd Debt-to-Equity Historical Data

The historical data trend for Pekat Group 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.

Pekat Group Bhd Debt-to-Equity Chart

Pekat Group Bhd Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.43

0.24

0.19

0.04

Pekat Group Bhd Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.14	0.05	0.04	0.04	0.06

Competitive Comparison of Pekat Group Bhd's Debt-to-Equity

For the Solar subindustry, Pekat Group 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.

Pekat Group Bhd's Debt-to-Equity Distribution in the Semiconductors Industry

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

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

Pekat Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pekat Group 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
	=	(1.828	+	3.189)	/	136.662
	=	0.04

Pekat Group 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
	=	(5.392	+	2.551)	/	140.446
	=	0.06

Pekat Group Bhd (XKLS:0233) 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.

Pekat Group Bhd Debt-to-Equity Related Terms

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

Pekat Group Bhd (XKLS:0233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Pekat Group Bhd (XKLS:0233) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.6, Jalan Teknologi 3/4, No.3A, 5&6, Teknologi Kubik, Taman Sains Selangor 1, kota Damansara, Selangor Darul Ehsan, Petaling Jaya, SGR, MYS, 47810

Website

https://www.pekat.com.my

Pekat Group Bhd is engaged in investment holding activities. The Group's operating segments are as follows: Segment I : Design, supply and installation of on-grid and off-grid solar photovoltaic systems and power plants which also includes the entire scope of work up to delivering of system or plant to customers and operations. Segment II : Supply and installation of earthing and lightning protection systems for buildings, facilities and structures to protect people, property and equipment. Segment III : Distribution of electrical products and accessories which includes sales and marketing of Pekat own brand and other third party brands electrical products and accessories for earthing and lightning related products.

Pekat Group Bhd (XKLS:0233) Headlines

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