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YY Group Holding (YY Group Holding) Debt-to-Equity : 0.84 (As of Dec. 2023)


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What is YY Group Holding Debt-to-Equity?

YY Group Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.93 Mil. YY Group Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.54 Mil. YY Group Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4.13 Mil. YY Group Holding's debt to equity for the quarter that ended in Dec. 2023 was 0.84.

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 YY Group Holding's Debt-to-Equity or its related term are showing as below:

YYGH' s Debt-to-Equity Range Over the Past 10 Years
Min: -97.07   Med: 0.84   Max: 2.91
Current: 0.84

During the past 3 years, the highest Debt-to-Equity Ratio of YY Group Holding was 2.91. The lowest was -97.07. And the median was 0.84.

YYGH's Debt-to-Equity is ranked worse than
54.55% of 88 companies
in the Personal Services industry
Industry Median: 0.73 vs YYGH: 0.84

YY Group Holding Debt-to-Equity Historical Data

The historical data trend for YY Group Holding'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.

YY Group Holding Debt-to-Equity Chart

YY Group Holding Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
-97.07 2.91 0.84

YY Group Holding Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity -97.07 N/A 2.91 1.61 0.84

Competitive Comparison of YY Group Holding's Debt-to-Equity

For the Personal Services subindustry, YY Group Holding'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.

YY Group Holding's Debt-to-Equity Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, YY Group Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where YY Group Holding's Debt-to-Equity falls into.


YY Group Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

YY Group Holding'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
=(2.926 + 0.539) / 4.131
=0.84

YY Group Holding'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
=(2.926 + 0.539) / 4.131
=0.84

* 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.

YY Group Holding  (NAS:YYGH) 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.

YY Group Holding Debt-to-Equity Related Terms

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YY Group Holding (YY Group Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » YY Group Holding Ltd (NAS:YYGH) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, 05-43 Paya Lebar Square, Singapore, SGP, 409051
Website
https://www.yygroupholding.com
YY Group Holding Ltd is a data and technology driven company focused on developing enterprise intelligent labor matching services and smart cleaning services founded in Singapore. It provides enterprise manpower outsourcing and smart cleaning services in Singapore and Malaysia. The group has two operating segment, which is cleaning services segment and manpower outsourcing services, Maximum revenue is generated from cleaning services.

YY Group Holding (YY Group Holding) Headlines

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