Radiant Globaltech Bhd (XKLS:0202) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Radiant Globaltech Bhd Debt-to-Equity?

Radiant Globaltech Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.7 Mil. Radiant Globaltech Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1.2 Mil. Radiant Globaltech Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM74.2 Mil. Radiant Globaltech 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 Radiant Globaltech Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:0202' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.48
Current: 0.02

During the past 9 years, the highest Debt-to-Equity Ratio of Radiant Globaltech Bhd was 0.48. The lowest was 0.01. And the median was 0.04.

XKLS:0202's Debt-to-Equity is ranked better than
93.7% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs XKLS:0202: 0.02

Radiant Globaltech Bhd Debt-to-Equity Historical Data

The historical data trend for Radiant Globaltech 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.

Radiant Globaltech Bhd Debt-to-Equity Chart

Radiant Globaltech Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.02

0.01

0.02

Radiant Globaltech 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															0.01	0.01	0.01	0.02	0.02

Competitive Comparison of Radiant Globaltech Bhd's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Radiant Globaltech 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.

Radiant Globaltech Bhd's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Radiant Globaltech Bhd's Debt-to-Equity distribution charts can be found below:

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

Radiant Globaltech Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Radiant Globaltech 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
	=	(0.655	+	1.157)	/	74.224
	=	0.02

Radiant Globaltech 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
	=	(0.655	+	1.157)	/	74.224
	=	0.02

Radiant Globaltech Bhd (XKLS:0202) 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.

Radiant Globaltech Bhd Debt-to-Equity Related Terms

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

Radiant Globaltech Bhd (XKLS:0202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Radiant Globaltech Bhd (XKLS:0202) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

No. 8, Jalan Kerinchi, Vertical Business Suite, Bangsar South, Avenue 3, Unit 03-06 and 03-07, Level 3, Tower B, Kuala Lumpur, MYS, 59200

Website

https://www.rgtech.com.my

Radiant Globaltech Bhd is engaged in providing retail technology solutions including retail hardware, retail software, as well as maintenance and technical support services. It also offers a full range of retail technology solutions to its customers. The operating segments of the company are Hardware and Maintenance which is involved in the marketing, sale and installation of hardware for the retail industry and provide on-going maintenance for the hardware and software products and solutions, and Software which is involved in design, development, marketing, sales, and enhancement, customisation and implementation of third party software and in-house software. The group derives prime revenue from Malaysia.

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