Citaglobal Bhd (XKLS:7245) Debt-to-Equity : 0.17 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Citaglobal Bhd Debt-to-Equity?

Citaglobal Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM38.3 Mil. Citaglobal Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM24.1 Mil. Citaglobal Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM374.5 Mil. Citaglobal Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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

XKLS:7245' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.33 Max: 0.87
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Citaglobal Bhd was 0.87. The lowest was 0.17. And the median was 0.33.

XKLS:7245's Debt-to-Equity is ranked better than
71.3% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs XKLS:7245: 0.17

Citaglobal Bhd Debt-to-Equity Historical Data

The historical data trend for Citaglobal 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.

Citaglobal Bhd Debt-to-Equity Chart

Citaglobal Bhd Annual Data

Trend

Apr13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.60

0.87

0.39

0.20

0.17

Citaglobal Bhd Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.20	0.16	0.14	0.13	0.17

Competitive Comparison of Citaglobal Bhd's Debt-to-Equity

For the Engineering & Construction subindustry, Citaglobal 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.

Citaglobal Bhd's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Citaglobal Bhd's Debt-to-Equity distribution charts can be found below:

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

Citaglobal Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Citaglobal 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
	=	(38.34	+	24.126)	/	374.488
	=	0.17

Citaglobal 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
	=	(38.34	+	24.126)	/	374.488
	=	0.17

Citaglobal Bhd (XKLS:7245) 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.

Citaglobal Bhd Debt-to-Equity Related Terms

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

Citaglobal Bhd (XKLS:7245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Citaglobal Bhd (XKLS:7245) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 9, Block 4, Menara TH Plaza Sentral, Jalan Stesen Sentral 5, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

https://www.citaglobal.my

Citaglobal Bhd is civil engineering and building contractor company that undertakes infrastructure development projects. Its operating segments are Civil engineering and construction, Energy and Manufacturing. The company's product and services engineering Services, oil & gas, Renewable Energy, power generation, properties Investment, community credit services and Digital Media.

Citaglobal Bhd (XKLS:7245) Headlines

No Headlines