Artroniq Bhd (XKLS:0038) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Artroniq Bhd Debt-to-Equity?

Artroniq Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM2.72 Mil. Artroniq Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM3.35 Mil. Artroniq Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM89.64 Mil. Artroniq Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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

XKLS:0038' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.23 Max: 0.6
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Artroniq Bhd was 0.60. The lowest was 0.01. And the median was 0.23.

XKLS:0038's Debt-to-Equity is ranked better than
78.78% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs XKLS:0038: 0.07

Artroniq Bhd Debt-to-Equity Historical Data

The historical data trend for Artroniq 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.

Artroniq Bhd Debt-to-Equity Chart

Artroniq Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.32

0.29

0.26

0.02

0.01

Artroniq Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.06	0.12	0.07	0.07

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

For the Electronics & Computer Distribution subindustry, Artroniq 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.

Artroniq Bhd's Debt-to-Equity Distribution in the Hardware Industry

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

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

Artroniq Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Artroniq Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(0.148	+	0.189)	/	28.847
	=	0.01

Artroniq 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
	=	(2.719	+	3.353)	/	89.641
	=	0.07

Artroniq Bhd (XKLS:0038) 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.

Artroniq Bhd Debt-to-Equity Related Terms

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Artroniq Bhd (XKLS:0038) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Artroniq Bhd (XKLS:0038) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Jalan Pelukis U1/46B, Kawasan Perindustrian Temasya 18, Glenmarie, Shah Alam, SGR, MYS, 40150

Website

https://www.artroniq.com

Artroniq Bhd is an investment holding company. It operates in five segments: Trading of information and communication technology ('ICT') products; ICT-related services; Finance and investment consultation services; Management services; and Semiconductor. It generates maximum revenue from Trading of ICT products. The company operates in Malaysia, Asia, the Middle East, America, and others.

Artroniq Bhd (XKLS:0038) Headlines

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