Binasat Communications Bhd (XKLS:0195) Debt-to-Equity : 0.22 (As of Sep. 2023)

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What is Binasat Communications Bhd Debt-to-Equity?

Binasat Communications Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM9.6 Mil. Binasat Communications Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM19.1 Mil. Binasat Communications Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM130.2 Mil. Binasat Communications Bhd's debt to equity for the quarter that ended in Sep. 2023 was 0.22.

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

XKLS:0195' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.22 Max: 0.66
Current: 0.22

During the past 9 years, the highest Debt-to-Equity Ratio of Binasat Communications Bhd was 0.66. The lowest was 0.11. And the median was 0.22.

XKLS:0195's Debt-to-Equity is ranked better than
77.68% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs XKLS:0195: 0.22

Binasat Communications Bhd Debt-to-Equity Historical Data

The historical data trend for Binasat Communications 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.

Binasat Communications Bhd Debt-to-Equity Chart

Binasat Communications Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Debt-to-Equity

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0.12

0.11

0.26

0.23

0.16

Binasat Communications Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.17	0.18	0.19	0.17	0.22

Competitive Comparison of Binasat Communications Bhd's Debt-to-Equity

For the Telecom Services subindustry, Binasat Communications 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.

Binasat Communications Bhd's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Binasat Communications Bhd's Debt-to-Equity distribution charts can be found below:

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

Binasat Communications Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Binasat Communications Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 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
	=	(1.976	+	18.721)	/	126.637
	=	0.16

Binasat Communications Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(9.566	+	19.135)	/	130.223
	=	0.22

Binasat Communications Bhd (XKLS:0195) 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.

Binasat Communications Bhd Debt-to-Equity Related Terms

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

Binasat Communications Bhd (XKLS:0195) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Binasat Communications Bhd (XKLS:0195) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Teknologi 4, Menara Binasat, Lot PT 13824, Technology Park, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.binacom.com.my

Binasat Communications Bhd is engaged in investment holding. The company provides support services for VSAT Network Engineering Services, Mobile Network Engineering Services, Fiber Network Engineering Services, Satellite Hub/Teleport and Digital Satellite News Gathering (DSNG) Services. It has segments are Satellite, mobile and fibre optic telecommunications networks, Power and telecommunication infrastructure works and Investment holding. The company operates in Malaysia.

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