CTOS Digital Bhd (XKLS:5301) Debt-to-Equity : 0.34 (As of Mar. 2024)

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What is CTOS Digital Bhd Debt-to-Equity?

CTOS Digital Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM96.9 Mil. CTOS Digital Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM96.6 Mil. CTOS Digital Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM571.7 Mil. CTOS Digital Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.34.

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

XKLS:5301' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.25 Max: 1.73
Current: 0.34

During the past 6 years, the highest Debt-to-Equity Ratio of CTOS Digital Bhd was 1.73. The lowest was 0.01. And the median was 0.25.

XKLS:5301's Debt-to-Equity is ranked worse than
61.73% of 2203 companies
in the Software industry
Industry Median: 0.2 vs XKLS:5301: 0.34

CTOS Digital Bhd Debt-to-Equity Historical Data

The historical data trend for CTOS Digital 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.

CTOS Digital Bhd Debt-to-Equity Chart

CTOS Digital Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.57

1.22

0.02

0.30

0.25

CTOS Digital Bhd Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial													0.26	0.24	0.23	0.25	0.34

Competitive Comparison of CTOS Digital Bhd's Debt-to-Equity

For the Software - Application subindustry, CTOS Digital 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.

CTOS Digital Bhd's Debt-to-Equity Distribution in the Software Industry

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

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

CTOS Digital Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CTOS Digital 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
	=	(50.249	+	100.787)	/	594.388
	=	0.25

CTOS Digital 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
	=	(96.894	+	96.616)	/	571.68
	=	0.34

CTOS Digital Bhd (XKLS:5301) 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.

CTOS Digital Bhd Debt-to-Equity Related Terms

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

CTOS Digital Bhd (XKLS:5301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CTOS Digital Bhd (XKLS:5301) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bangsar South, No. 8, Jalan Kerinchi, Vertical Business Suite, Avenue 3, Unit 01-12, Level 8, Tower A,, Kuala Lumpur, MYS, 59200

Website

https://www.ctosdigital.com

CTOS Digital Bhd provide credit information and analytics digital solutions on companies, businesses and consumers for use by banks and businesses at each stage of the customer lifecycle and provide credit information and analysis to consumers. It serve three types of customers, namely Key Accounts, Commercial and Direct-to-Consumer. The company's geographical segments include Malaysia and International.

CTOS Digital Bhd (XKLS:5301) Headlines

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