Singapore Exchange (SGX:S68) Debt-to-Equity : 0.42 (As of Dec. 2023)

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What is Singapore Exchange Debt-to-Equity?

Singapore Exchange's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$366 Mil. Singapore Exchange's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$346 Mil. Singapore Exchange's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$1,704 Mil. Singapore Exchange's debt to equity for the quarter that ended in Dec. 2023 was 0.42.

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 Singapore Exchange's Debt-to-Equity or its related term are showing as below:

SGX:S68' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.43 Max: 0.6
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Singapore Exchange was 0.60. The lowest was 0.09. And the median was 0.43.

SGX:S68's Debt-to-Equity is ranked worse than
52.3% of 610 companies
in the Capital Markets industry
Industry Median: 0.375 vs SGX:S68: 0.42

Singapore Exchange Debt-to-Equity Historical Data

The historical data trend for Singapore Exchange'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.

Singapore Exchange Debt-to-Equity Chart

Singapore Exchange Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.32

0.39

0.51

0.43

Singapore Exchange Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.60	0.51	0.48	0.43	0.42

Competitive Comparison of Singapore Exchange's Debt-to-Equity

For the Financial Data & Stock Exchanges subindustry, Singapore Exchange'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.

Singapore Exchange's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Singapore Exchange's Debt-to-Equity distribution charts can be found below:

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

Singapore Exchange Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Singapore Exchange's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(372.353	+	354.868)	/	1700.902
	=	0.43

Singapore Exchange'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
	=	(366.414	+	346.058)	/	1704.12
	=	0.42

Singapore Exchange (SGX:S68) 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.

Singapore Exchange Debt-to-Equity Related Terms

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

Singapore Exchange (SGX:S68) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Singapore Exchange Ltd (SGX:S68) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SPXCY:USA SPXCF:USA SOU:Germany

Address

2 Shenton Way, No. 02-02, SGX Centre 1, Singapore, SGP, 068804

Website

https://www.sgx.com

Singapore Exchange is a vertically integrated securities exchange business, offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. Singapore Exchange, like Singapore itself, is remarkably outward-facing and offers some of the most liquid and widely traded equity derivative products for various regional markets, including the FTSE China A50 Index Futures and the Indian Nifty 50 Index Futures.

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