Axteria Group Bhd (XKLS:7120) Debt-to-Equity : 0.14 (As of Mar. 2024)

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What is Axteria Group Bhd Debt-to-Equity?

Axteria Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM0.71 Mil. Axteria Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM20.34 Mil. Axteria Group Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM148.20 Mil. Axteria Group Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.14.

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

XKLS:7120' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.17 Max: 0.29
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Axteria Group Bhd was 0.29. The lowest was 0.12. And the median was 0.17.

XKLS:7120's Debt-to-Equity is ranked better than
83.53% of 1579 companies
in the Real Estate industry
Industry Median: 0.75 vs XKLS:7120: 0.14

Axteria Group Bhd Debt-to-Equity Historical Data

The historical data trend for Axteria 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.

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Axteria Group Bhd Debt-to-Equity Chart

Axteria Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.26

0.14

0.20

0.14

Axteria Group Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.15	0.15	0.15	0.14	0.14

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

For the Real Estate - Development subindustry, Axteria 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.

Axteria Group Bhd's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Axteria Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Axteria 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
	=	(1.91	+	19.336)	/	148.025
	=	0.14

Axteria 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
	=	(0.713	+	20.344)	/	148.202
	=	0.14

Axteria Group Bhd (XKLS:7120) 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.

Axteria Group Bhd Debt-to-Equity Related Terms

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

Axteria Group Bhd (XKLS:7120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Axteria Group Bhd (XKLS:7120) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

No.56, Jalan Setia Tropika 1/14, Suite 02-01, Level 2, Wisma Teras Eco, Taman Setia Tropika, Johor Bahru, JHR, MYS, 81200

Website

https://www.acoustech.com.my

Axteria Group Bhd, formerly Acoustech Bhd is an investment holding company engaged in the property development and construction business. It operates through three divisions. The Property Development and Construction Division, which derives the majority of revenue, involves developing properties, securing, and carrying out construction contracts. The Investment Holding division involves activities where investments contribute to dividend income and interest income as well as sharing of results of the investee companies and Trading division involves wholesale of construction materials to third party customers. It only operates in Malaysia.

Axteria Group Bhd (XKLS:7120) Headlines

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