Nexgram Holdings Bhd (XKLS:0096) Debt-to-Equity : 0.13 (As of Oct. 2023)

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What is Nexgram Holdings Bhd Debt-to-Equity?

Nexgram Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was RM2.80 Mil. Nexgram Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was RM10.60 Mil. Nexgram Holdings Bhd's Total Stockholders Equity for the quarter that ended in Oct. 2023 was RM102.17 Mil. Nexgram Holdings Bhd's debt to equity for the quarter that ended in Oct. 2023 was 0.13.

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

XKLS:0096' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.3 Max: 0.68
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Nexgram Holdings Bhd was 0.68. The lowest was 0.08. And the median was 0.30.

XKLS:0096's Debt-to-Equity is ranked better than
60.05% of 2213 companies
in the Software industry
Industry Median: 0.21 vs XKLS:0096: 0.13

Nexgram Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for Nexgram Holdings 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.

Nexgram Holdings Bhd Debt-to-Equity Chart

Nexgram Holdings Bhd Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Jul17

Jul18

Jul19

Jul20

Jul21

Debt-to-Equity

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0.36

0.42

0.47

0.15

0.17

Nexgram Holdings Bhd Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															0.24	0.24	0.22	0.17	0.13

Competitive Comparison of Nexgram Holdings Bhd's Debt-to-Equity

For the Software - Application subindustry, Nexgram Holdings 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.

Nexgram Holdings Bhd's Debt-to-Equity Distribution in the Software Industry

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

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

Nexgram Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nexgram Holdings Bhd's Debt to Equity Ratio for the fiscal year that ended in Jul. 2021 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
	=	(8.501	+	11.319)	/	113.984
	=	0.17

Nexgram Holdings Bhd's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(2.8	+	10.596)	/	102.171
	=	0.13

Nexgram Holdings Bhd (XKLS:0096) 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.

Nexgram Holdings Bhd Debt-to-Equity Related Terms

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

Nexgram Holdings Bhd (XKLS:0096) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nexgram Holdings Bhd (XKLS:0096) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan Bangsar, BO2-A-16, Menara 3, KL Eco City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

http://www.nexgram.co

Nexgram Holdings Bhd is an investment holding company. The business activity of the firm functions through Information Technology Services (ICT), Property Investment, Healthcare, Logistics segments, and Investment holding. It generates maximum revenue from Information Technology Services (ICT) segment. The ICT segment focuses on trading and distribution of security and video surveillance equipment. Geographically, it derives a majority of revenue from Malaysia.

Nexgram Holdings Bhd (XKLS:0096) Headlines

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