Cloudpoint Technology Bhd (XKLS:0277) Debt-to-Equity : 0.00 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Cloudpoint Technology Bhd Debt-to-Equity?

Cloudpoint Technology Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.09 Mil. Cloudpoint Technology Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.00 Mil. Cloudpoint Technology Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM71.01 Mil. Cloudpoint Technology Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

During the past 5 years, the highest Debt-to-Equity Ratio of Cloudpoint Technology Bhd was 0.02. The lowest was 0.00. And the median was 0.01.

XKLS:0277's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Cloudpoint Technology Bhd Debt-to-Equity Historical Data

The historical data trend for Cloudpoint 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.

Cloudpoint Technology Bhd Debt-to-Equity Chart

Cloudpoint Technology Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.02

0.01

Cloudpoint Technology Bhd Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				N/A	0.01	-	-	-

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

For the Information Technology Services subindustry, Cloudpoint 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.

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

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

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

Cloudpoint Technology Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cloudpoint Technology 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
	=	(0.085	+	0)	/	71.012
	=	0.00

Cloudpoint Technology 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
	=	(0.085	+	0)	/	71.012
	=	0.00

Cloudpoint Technology Bhd (XKLS:0277) 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.

Cloudpoint Technology Bhd Debt-to-Equity Related Terms

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

Cloudpoint Technology Bhd (XKLS:0277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cloudpoint Technology Bhd (XKLS:0277) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Solaris, Unit J-6-13, Block J, Solaris Mont Kiara, Mont Kiara, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.cloudpoint-technology.com

Cloudpoint Technology Bhd is principally an investment holding company. Through Its subsidiary, CSSB, it is principally engaged in the provision of IT solutions comprising enterprise and data centre networking, cybersecurity solutions, professional IT services as well as cloud services and software applications. The company implements solutions and provides Its services mainly to large enterprises, particularly companies in the financial services, insurance, telecommunications industries, and other technology service providers in Malaysia. It also provides our solutions to multinational companies to cater to their operations based in Malaysia.

Cloudpoint Technology Bhd (XKLS:0277) Headlines

No Headlines