GURUFOCUS.COM » STOCK LIST » Technology » Software » ARB IOT Group Ltd (NAS:ARBB) » Definitions » Debt-to-Equity

ARB IOT Group (ARB IOT Group) Debt-to-Equity : 0.00 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is ARB IOT Group Debt-to-Equity?

ARB IOT Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.03 Mil. ARB IOT Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.02 Mil. ARB IOT Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $21.70 Mil. ARB IOT Group's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

ARBB's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

ARB IOT Group Debt-to-Equity Historical Data

The historical data trend for ARB IOT Group'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.

ARB IOT Group Debt-to-Equity Chart

ARB IOT Group Annual Data
Trend Jun21 Jun22 Jun23
Debt-to-Equity
- - -

ARB IOT Group Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial N/A - - - -

Competitive Comparison of ARB IOT Group's Debt-to-Equity

For the Information Technology Services subindustry, ARB IOT Group'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.

ARB IOT Group's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, ARB IOT Group's Debt-to-Equity distribution charts can be found below:

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


ARB IOT Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ARB IOT Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
=(0.014 + 0.03) / 68.842
=0.00

ARB IOT Group'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
=(0.027 + 0.016) / 21.696
=0.00

* 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.

ARB IOT Group  (NAS:ARBB) 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.

ARB IOT Group Debt-to-Equity Related Terms

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

ARB IOT Group (ARB IOT Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ARB IOT Group Ltd (NAS:ARBB) » Definitions » Debt-to-Equity
Comparable Companies
CLPS CTM HWNI DTST BTCM WYY SEAV JFU TSSI SUIC ACN NSE:TCS IBM FI NSE:INFY NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
N/A
Address
No. 1 Persiaran Puchong Jaya Selatan, 2nd Floor-09, Pusat Perdagangan IOI, Bandar Puchong Jaya, Puchong, SGR, MYS, 47100
Website
https://www.arbiotgroup.com
ARB IOT Group Ltd is engaged in provision of hardware and software of Internet of Things solutions to meet customers' demand in four business lines, which are IoT Smart Home and Buildings, IoT Smart Agriculture, IoT System Development, and IoT Gadget Distribution. The company delivers holistic solutions with full turnkey deployment from designing, installation, testing, pre-commissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works. The company has two operating segments: Internet of Things ('IoT') and Investment holding and others. It earns its maximum profit from the Internet of Things segment.

ARB IOT Group (ARB IOT Group) Headlines

From GuruFocus

ARB IOT Group Limited Announces Exercise and Closing of Over-Allotment Option in Initial Public Offering

By sperokesalga sperokesalga • 04-25-2023