Star Media Group Bhd (XKLS:6084) Debt-to-Equity : 0.02 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Star Media Group Bhd Debt-to-Equity?

Star Media Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM2.8 Mil. Star Media Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM9.9 Mil. Star Media Group Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM652.4 Mil. Star Media Group Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

XKLS:6084' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.24
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Star Media Group Bhd was 0.24. The lowest was 0.00. And the median was 0.03.

XKLS:6084's Debt-to-Equity is ranked better than
92.3% of 844 companies
in the Media - Diversified industry
Industry Median: 0.285 vs XKLS:6084: 0.02

Star Media Group Bhd Debt-to-Equity Historical Data

The historical data trend for Star Media Group 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.

Star Media Group Bhd Debt-to-Equity Chart

Star Media Group Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.03

0.02

Star Media Group 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															0.02	0.02	0.02	0.02	0.02

Competitive Comparison of Star Media Group Bhd's Debt-to-Equity

For the Publishing subindustry, Star Media Group 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.

Star Media Group Bhd's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Star Media Group Bhd's Debt-to-Equity distribution charts can be found below:

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

Star Media Group Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Star Media Group 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
	=	(2.793	+	9.883)	/	652.4
	=	0.02

Star Media Group 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
	=	(2.793	+	9.883)	/	652.4
	=	0.02

Star Media Group Bhd (XKLS:6084) 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.

Star Media Group Bhd Debt-to-Equity Related Terms

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

Star Media Group Bhd (XKLS:6084) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Star Media Group Bhd (XKLS:6084) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

15 Jalan 16/11, Level 15, Menara Star, Petaling Jaya, SGR, MYS, 46350

Website

https://www.starmediagroup.my

Star Media Group Bhd publishes, prints, and distributes newspapers and advertisements in print and electronic media. The company operates in three reportable segments: Print and Digital, which is engaged in the publication and distribution of newspapers, magazines, and electronic media; Broadcasting, which operates wireless broadcasting stations; and Event and Exhibition, which provides event Organizing management. The majority of revenue is generated by the Print and Digital segment. The group mainly operates in Malaysia and Singapore and generates a majority of its revenue from Malaysia.

Star Media Group Bhd (XKLS:6084) Headlines

No Headlines