Nextgreen Global Bhd (XKLS:7241) Debt-to-Equity : 0.16 (As of Sep. 2024)

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What is Nextgreen Global Bhd Debt-to-Equity?

Nextgreen Global Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM8.79 Mil. Nextgreen Global Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM57.31 Mil. Nextgreen Global Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2024 was RM418.78 Mil. Nextgreen Global Bhd's debt to equity for the quarter that ended in Sep. 2024 was 0.16.

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

XKLS:7241' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: 0.26
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Nextgreen Global Bhd was 0.26. The lowest was 0.02. And the median was 0.09.

XKLS:7241's Debt-to-Equity is ranked better than
68.82% of 914 companies
in the Business Services industry
Industry Median: 0.38 vs XKLS:7241: 0.16

Nextgreen Global Bhd Debt-to-Equity Historical Data

The historical data trend for Nextgreen Global 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.

Nextgreen Global Bhd Debt-to-Equity Chart

Nextgreen Global Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.09

0.06

0.26

0.21

Nextgreen Global Bhd Quarterly Data
	Mar19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.24	0.21	0.20	0.17	0.16

Competitive Comparison of Nextgreen Global Bhd's Debt-to-Equity

For the Specialty Business Services subindustry, Nextgreen Global 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.

Nextgreen Global Bhd's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nextgreen Global Bhd's Debt-to-Equity distribution charts can be found below:

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

Nextgreen Global Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nextgreen Global 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
	=	(5.763	+	64.236)	/	337.916
	=	0.21

Nextgreen Global Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(8.79	+	57.308)	/	418.784
	=	0.16

Nextgreen Global Bhd (XKLS:7241) 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.

Nextgreen Global Bhd Debt-to-Equity Related Terms

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Nextgreen Global Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nextgreen Global Bhd (XKLS:7241) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Wan Kadir, Level 6-02, Menara LGB, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000

Website

https://www.nextgreenglobal.com

Nextgreen Global Bhd is an investment holding company. It is engaged in the printing of magazines, general publications, directories, company annual reports, as well as brochures and pamphlets. The company is organized into five reportable segments comprising Printing and Publishing, Manufacturing, Property and construction, Investment Holding and Utility and Renewable energy. The revenue is generated mainly from Manufacturing segment. Its geographic markets are Malaysia, China, Nigeria, France, East Africa, Ghana, Singapore, USA and the Republic of Palau.

Nextgreen Global Bhd Headlines

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