Paragon Globe Bhd (XKLS:3611) Debt-to-Equity : 0.43 (As of Dec. 2023)

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What is Paragon Globe Bhd Debt-to-Equity?

Paragon Globe Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.77 Mil. Paragon Globe Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM126.19 Mil. Paragon Globe Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM296.77 Mil. Paragon Globe Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.43.

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

XKLS:3611' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 0.43
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Paragon Globe Bhd was 0.43. The lowest was 0.00. And the median was 0.09.

XKLS:3611's Debt-to-Equity is ranked better than
65.07% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs XKLS:3611: 0.43

Paragon Globe Bhd Debt-to-Equity Historical Data

The historical data trend for Paragon Globe 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.

Paragon Globe Bhd Debt-to-Equity Chart

Paragon Globe Bhd Annual Data

Trend

Dec12

Dec13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.20

0.12

0.07

0.01

0.15

Paragon Globe 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															0.15	0.15	0.15	0.15	0.43

Competitive Comparison of Paragon Globe Bhd's Debt-to-Equity

For the Real Estate - Development subindustry, Paragon Globe 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.

Paragon Globe Bhd's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Paragon Globe Bhd's Debt-to-Equity distribution charts can be found below:

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

Paragon Globe Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Paragon Globe Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.79	+	42.985)	/	299.331
	=	0.15

Paragon Globe 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
	=	(0.765	+	126.193)	/	296.771
	=	0.43

Paragon Globe Bhd (XKLS:3611) 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.

Paragon Globe Bhd Debt-to-Equity Related Terms

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

Paragon Globe Bhd (XKLS:3611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Paragon Globe Bhd (XKLS:3611) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No. 18, Jalan Harimau, Level 10-02, Grand Paragon Hotel, Taman Century, Johor Bahru, JHR, MYS, 80250

Website

https://www.pgbgroup.com.my

Paragon Globe Bhd is an investment holding company. The company's operating segment includes the Investments segment which is investment holding; the Property Development segment which is in the business of trading and development of properties and the Construction segment which is in the business of construction of buildings, roads and railways, and other specialized construction activities. The company generates maximum revenue from Property development.

Paragon Globe Bhd (XKLS:3611) Headlines

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