Grab Holdings (Grab Holdings) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Grab Holdings Debt-to-Equity?

Grab Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $125 Mil. Grab Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $668 Mil. Grab Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,449 Mil. Grab Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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

GRAB' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.08 Med: 0.12 Max: 0.28
Current: 0.12

During the past 5 years, the highest Debt-to-Equity Ratio of Grab Holdings was 0.28. The lowest was -0.08. And the median was 0.12.

GRAB's Debt-to-Equity is ranked better than
61.64% of 2226 companies
in the Software industry
Industry Median: 0.21 vs GRAB: 0.12

Grab Holdings Debt-to-Equity Historical Data

The historical data trend for Grab Holdings'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.

Grab Holdings Debt-to-Equity Chart

Grab Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.08

-0.04

0.28

0.21

0.12

Grab Holdings Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.21	0.12	0.12	0.12	0.12

Competitive Comparison of Grab Holdings's Debt-to-Equity

For the Software - Application subindustry, Grab Holdings'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.

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

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

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

Grab Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grab Holdings'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
	=	(125	+	668)	/	6449
	=	0.12

Grab Holdings'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
	=	(125	+	668)	/	6449
	=	0.12

Grab Holdings (NAS:GRAB) 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.

Grab Holdings Debt-to-Equity Related Terms

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Grab Holdings (Grab Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Grab Holdings Inc (NAS:GRAB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

A6I:Germany A6I:Germany

Address

3 Media Close, No. 01-03/06, Singapore, SGP, 138498

Website

https://www.grab.com

Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore and Malaysia contributed 58% of revenue as of end-2021. Grab's main competitors in Southeast Asia are Foodpanda and Gojek, the ride-sharing arm of GoTo. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.