Apex Equity Holdings Bhd (XKLS:5088) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Apex Equity Holdings Bhd Debt-to-Equity?

Apex Equity Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4.94 Mil. Apex Equity Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1.40 Mil. Apex Equity Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM328.71 Mil. Apex Equity Holdings Bhd's debt to equity for the quarter that ended in Dec. 2023 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 Apex Equity Holdings Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:5088' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 0.02
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Apex Equity Holdings Bhd was 0.02. The lowest was 0.02. And the median was 0.02.

XKLS:5088's Debt-to-Equity is ranked better than
92.14% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs XKLS:5088: 0.02

Apex Equity Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Apex Equity Holdings 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.

Apex Equity Holdings Bhd Debt-to-Equity Chart

Apex Equity Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

Apex Equity Holdings 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															0.02	0.01	0.02	0.02	0.02

Competitive Comparison of Apex Equity Holdings Bhd's Debt-to-Equity

For the Capital Markets subindustry, Apex Equity Holdings 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.

Apex Equity Holdings Bhd's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Apex Equity Holdings Bhd's Debt-to-Equity distribution charts can be found below:

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

Apex Equity Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Apex Equity Holdings 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
	=	(4.939	+	1.398)	/	328.713
	=	0.02

Apex Equity Holdings 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
	=	(4.939	+	1.398)	/	328.713
	=	0.02

Apex Equity Holdings Bhd (XKLS:5088) 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.

Apex Equity Holdings Bhd Debt-to-Equity Related Terms

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

Apex Equity Holdings Bhd (XKLS:5088) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Apex Equity Holdings Bhd (XKLS:5088) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Jalan Semenyih, Bukit Mewah, 6th Floor, Menara Apex, Kajang, SGR, MYS, 43000

Website

https://www.apexequity.com.my

Apex Equity Holdings Bhd is an investment holding company. The company, along with its subsidiaries, is engaged in the business of investment holding and trading in marketable securities. The Group is organised into four main business segments. Investment holdings and others, Stock and futures broking segment, Property holdings and property development and Money lending. The group generates a majority of its revenue from the Stock and futures broking segment. The company operates geographically in Malaysia.

Apex Equity Holdings Bhd (XKLS:5088) Headlines

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