Sancy Bhd (XKLS:03057) Debt-to-Equity : 0.01 (As of Sep. 2023)

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What is Sancy Bhd Debt-to-Equity?

Sancy Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM0.04 Mil. Sancy Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM0.07 Mil. Sancy Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2023 was RM23.19 Mil. Sancy Bhd's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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

XKLS:03057' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.02
Current: 0.01

During the past 4 years, the highest Debt-to-Equity Ratio of Sancy Bhd was 0.02. The lowest was 0.01. And the median was 0.01.

XKLS:03057's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs XKLS:03057: 0.01

Sancy Bhd Debt-to-Equity Historical Data

The historical data trend for Sancy 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.

Sancy Bhd Debt-to-Equity Chart

Sancy Bhd Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

0.02

0.01

Sancy Bhd Quarterly Data
	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial			0.01	N/A	0.01	0.01	0.01

Competitive Comparison of Sancy Bhd's Debt-to-Equity

For the Information Technology Services subindustry, Sancy 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.

Sancy Bhd's Debt-to-Equity Distribution in the Software Industry

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

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

Sancy Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sancy Bhd's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.101	+	0.073)	/	22.089
	=	0.01

Sancy 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
	=	(0.041	+	0.073)	/	23.194
	=	0.00

Sancy Bhd (XKLS:03057) 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.

Sancy Bhd Debt-to-Equity Related Terms

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

Sancy Bhd (XKLS:03057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sancy Bhd (XKLS:03057) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Wan Kadir 3, A-2-10, TTDI Plaza, Taman Tun Dr. Ismail, Kuala Lumpur, MYS, 60000

Website

https://www.sancyberhad.com

Sancy Bhd focuses on improving efficiency and values for healthcare service providers through digitalization.

Sancy Bhd (XKLS:03057) Headlines

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