Petronas Dagangan Bhd (XKLS:5681) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Petronas Dagangan Bhd Debt-to-Equity?

Petronas Dagangan Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM52 Mil. Petronas Dagangan Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM100 Mil. Petronas Dagangan Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM5,768 Mil. Petronas Dagangan Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

XKLS:5681' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.1
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Petronas Dagangan Bhd was 0.10. The lowest was 0.01. And the median was 0.03.

XKLS:5681's Debt-to-Equity is ranked better than
93.54% of 836 companies
in the Oil & Gas industry
Industry Median: 0.445 vs XKLS:5681: 0.03

Petronas Dagangan Bhd Debt-to-Equity Historical Data

The historical data trend for Petronas Dagangan 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.

Petronas Dagangan Bhd Debt-to-Equity Chart

Petronas Dagangan Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.06

0.03

0.02

0.03

Petronas Dagangan 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															0.03	0.03	0.03	0.03	0.03

Competitive Comparison of Petronas Dagangan Bhd's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Petronas Dagangan 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.

Petronas Dagangan Bhd's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petronas Dagangan Bhd's Debt-to-Equity distribution charts can be found below:

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

Petronas Dagangan Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Petronas Dagangan 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
	=	(52.396	+	99.823)	/	5768.399
	=	0.03

Petronas Dagangan 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
	=	(52.396	+	99.823)	/	5768.399
	=	0.03

Petronas Dagangan Bhd (XKLS:5681) 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.

Petronas Dagangan Bhd Debt-to-Equity Related Terms

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

Petronas Dagangan Bhd (XKLS:5681) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petronas Dagangan Bhd (XKLS:5681) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tower 1, Petronas Twin Towers, Level 30-33, Kuala Lumpur City Centre, Kuala Lumpur, MYS, 50088

Website

https://www.mymesra.com.my

Petronas Dagangan Bhd offers a variety of petroleum products and services to retail and industrial customers. As the leading revenue generator, retail operations are the leading focus of the company. In Malaysia, the retail business includes hundreds of retail stations that also serve as convenience stores. As a compliment to its network of retail stations, Petronas offers a loyalty program that allows members to accumulate points and redeem either fuel or selected items. The company's other businesses include a commercial unit, liquefied petroleum gas unit, and a lubricants business. Through the commercial business, Petronas markets petroleum products in bulk to manufacturing, aviation, power, energy, agriculture, fisheries, and transportation segments.

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