N2N Connect Bhd (XKLS:0108) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is N2N Connect Bhd Debt-to-Equity?

N2N Connect Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1.6 Mil. N2N Connect Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM2.2 Mil. N2N Connect Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM293.8 Mil. N2N Connect Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 N2N Connect Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0108' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.37
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of N2N Connect Bhd was 0.37. The lowest was 0.00. And the median was 0.03.

XKLS:0108's Debt-to-Equity is ranked better than
99.95% of 2222 companies
in the Software industry
Industry Median: 0.21 vs XKLS:0108: 0.01

N2N Connect Bhd Debt-to-Equity Historical Data

The historical data trend for N2N Connect 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.

N2N Connect Bhd Debt-to-Equity Chart

N2N Connect Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.05

0.02

0.01

N2N Connect Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	0.01	0.01	0.01

Competitive Comparison of N2N Connect Bhd's Debt-to-Equity

For the Software - Application subindustry, N2N Connect 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.

N2N Connect Bhd's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, N2N Connect Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where N2N Connect Bhd's Debt-to-Equity falls into.

N2N Connect Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

N2N Connect 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
	=	(1.552	+	2.243)	/	293.765
	=	0.01

N2N Connect 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
	=	(1.552	+	2.243)	/	293.765
	=	0.01

N2N Connect Bhd (XKLS:0108) 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.

N2N Connect Bhd Debt-to-Equity Related Terms

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N2N Connect Bhd (XKLS:0108) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » N2N Connect Bhd (XKLS:0108) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Avenue 3 Bangsar South No.8, Jalan Kerinchi, Wisma N2N, Level 9, Tower 2, Kuala Lumpur, MYS, 59200

Website

https://www.n2nconnect.com

N2N Connect Bhd is an investment holding company. It is engaged in the research and development of software packages, provider of design, programming, consultancy services and related activities. Its products include TCProGlobal, TCPlus, TCMobile, and TCBOS and services range from online trading portals within the stockbroking industry, hosting and managing network services, to wealth and risk management solutions. It operates in Malaysia, Hong Kong, and other countries and generates the majority of the revenue from Hong Kong.

N2N Connect Bhd (XKLS:0108) Headlines

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