Paramount Bhd (XKLS:1724) Debt-to-Equity : 0.54 (As of Mar. 2024)

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What is Paramount Bhd Debt-to-Equity?

Paramount Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM336.0 Mil. Paramount Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM532.7 Mil. Paramount Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM1,612.2 Mil. Paramount Bhd's debt to equity for the quarter that ended in Mar. 2024 was 0.54.

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

XKLS:1724' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.56 Max: 0.99
Current: 0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Paramount Bhd was 0.99. The lowest was 0.39. And the median was 0.56.

XKLS:1724's Debt-to-Equity is ranked better than
59.7% of 1578 companies
in the Real Estate industry
Industry Median: 0.75 vs XKLS:1724: 0.54

Paramount Bhd Debt-to-Equity Historical Data

The historical data trend for Paramount 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.

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Paramount Bhd Debt-to-Equity Chart

Paramount Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.67

0.58

0.62

0.51

Paramount Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.61	0.61	0.56	0.51	0.54

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

For the Real Estate - Development subindustry, Paramount 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.

Paramount Bhd's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Paramount Bhd's Debt-to-Equity distribution charts can be found below:

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

Paramount Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Paramount 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
	=	(274.386	+	561.458)	/	1629.27
	=	0.51

Paramount Bhd's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(336.028	+	532.69)	/	1612.188
	=	0.54

Paramount Bhd (XKLS:1724) 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.

Paramount Bhd Debt-to-Equity Related Terms

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

Paramount Bhd (XKLS:1724) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Paramount Corp Bhd (XKLS:1724) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

1, Jalan SS21/58, Level 8, Uptown 1, Damansara Uptown, Petaling Jaya, SGR, MYS, 47400

Website

https://www.pcb.my

Paramount Corp Bhd is an investment holding company. The group has three reportable operating segments - Property, Coworking, and Investment and Others. The Property segment which generates maximum revenue is engaged in the development and construction of residential and commercial properties and property investment. The Coworking segment includes the operation of coworking spaces and incubator-related services. Investment and Others segment is involved in the investment holding and provision of group-level corporate services and property investment of campus building.

Paramount Bhd (XKLS:1724) Headlines

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