Theta Edge Bhd (XKLS:9075) Debt-to-Equity : 0.52 (As of Dec. 2024)

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What is Theta Edge Bhd Debt-to-Equity?

Theta Edge Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM11.44 Mil. Theta Edge Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM20.10 Mil. Theta Edge Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2024 was RM60.72 Mil. Theta Edge Bhd's debt to equity for the quarter that ended in Dec. 2024 was 0.52.

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

XKLS:9075' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.2 Max: 0.74
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Theta Edge Bhd was 0.74. The lowest was 0.01. And the median was 0.20.

XKLS:9075's Debt-to-Equity is ranked worse than
72.89% of 2202 companies
in the Software industry
Industry Median: 0.21 vs XKLS:9075: 0.52

Theta Edge Bhd Debt-to-Equity Historical Data

The historical data trend for Theta Edge 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.

Theta Edge Bhd Debt-to-Equity Chart

Theta Edge Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.08

0.36

0.33

0.23

0.52

Theta Edge Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.21	0.21	0.59	0.52

Competitive Comparison of Theta Edge Bhd's Debt-to-Equity

For the Information Technology Services subindustry, Theta Edge 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.

Theta Edge Bhd's Debt-to-Equity Distribution in the Software Industry

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

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

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Theta Edge Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Theta Edge Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(11.444	+	20.101)	/	60.723
	=	0.52

Theta Edge Bhd's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(11.444	+	20.101)	/	60.723
	=	0.52

Theta Edge Bhd (XKLS:9075) 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.

Theta Edge Bhd Debt-to-Equity Related Terms

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

Theta Edge Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Theta Edge Bhd (XKLS:9075) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan 223, Lot 11B, Seksyenn 51 A, Petaling Jaya, SGR, MYS, 46100

Website

https://www.theta-edge.com

Theta Edge Bhd is an investment holding company. It is an Information Communication, Technology (ICT) Services Provider. The businesses in which the company operates include IT Solutions, TIT Advisory, system integration, application development and IT implementation services to businessesc. It operates business in Malaysia and segmented into Information Technology and Telecommunication services.

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