Petronas Gas Bhd Debt 2024

Petronas Gas Bhd Debt

3,059.3 MYR

Petronas Gas Bhd Dividend yield

3.94 %

Ticker

PETGAS.KL

ISIN

MYL6033OO004

WKN

896633

In 2024, Petronas Gas Bhd's total debt was 3,059.3 MYR, a -17.69% change from the 3,716.91 MYR total debt recorded in the previous year.

Petronas Gas Bhd Aktienanalyse

What does Petronas Gas Bhd do?

Petronas Gas Bhd is a leading provider of gas supply and gas infrastructure in Malaysia and other countries in the region. The company was established in 1983 as a subsidiary of Petronas, the Malaysian state-owned oil and gas company. Since then, Petronas Gas has become a significant player in the energy industry, operating and maintaining pipelines, gas liquefaction and processing facilities, and producing industrial gases domestically and internationally. The company's business model focuses on ensuring reliable and secure gas supply for its customers. It operates an integrated model that encompasses the entire gas value chain, including the exploration and production of gas resources, as well as the transport and processing of natural gas and liquefied natural gas (LNG) through pipelines and facilities. The company also sells various industrial gases. Petronas Gas is divided into several business segments to effectively serve its wide range of products and services. This includes the gas distribution and storage segment, which specializes in providing pipeline systems and storage facilities in gas supply areas. The LNG segment covers the processing, storage, and transportation of LNG, with Petronas Gas having a vast network of facilities and tankers. The industrial gases segment offers a broad range of gases (such as oxygen, nitrogen, and argon) used in various industries including metallurgy, food, and chemicals. The company offers a variety of products and services, from household supply to energy provision for industrial plants. It places a significant focus on serving industrial customers who rely on reliable and efficient energy supply, including steel, chemical, and food industries. Petronas Gas also provides services in the oil and gas infrastructure sector by operating pipelines and storage facilities. Petronas Gas is committed to environmental engagement and promotes the use of renewable energies. The company is involved in the development of LNG fuels and plans to explore and utilize other alternative energies in the future. Overall, Petronas Gas Bhd is a significant player in the energy industry with a wide range of products and services. The company strives to ensure reliable and secure gas supply and has expanded its activities in renewable energies in recent years. Petronas Gas Bhd ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Petronas Gas Bhd's Debt Structure

Petronas Gas Bhd's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Petronas Gas Bhd's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Petronas Gas Bhd’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Petronas Gas Bhd’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Petronas Gas Bhd Stock

What is the debt of Petronas Gas Bhd this year?

Petronas Gas Bhd has a debt level of 3,059.3 MYR this year.

What was the debt of Petronas Gas Bhd compared to the previous year?

The debt of Petronas Gas Bhd has increased by -17.69% compared to the previous year dropped.

What are the consequences of high debt for investors in Petronas Gas Bhd?

High debt can pose a risk for investors of Petronas Gas Bhd, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Petronas Gas Bhd?

Low debt means that Petronas Gas Bhd has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Petronas Gas Bhd affect the company?

An increase in debt of Petronas Gas Bhd can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Petronas Gas Bhd affect the company?

A reduction in debt of Petronas Gas Bhd can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Petronas Gas Bhd?

Some factors that can influence the debt of Petronas Gas Bhd include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Petronas Gas Bhd so important for investors?

The debts of Petronas Gas Bhd are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Petronas Gas Bhd take to change the debt?

To change the debt, Petronas Gas Bhd can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Petronas Gas Bhd pay?

Over the past 12 months, Petronas Gas Bhd paid a dividend of 0.72 MYR . This corresponds to a dividend yield of about 3.94 %. For the coming 12 months, Petronas Gas Bhd is expected to pay a dividend of 0.74 MYR.

What is the dividend yield of Petronas Gas Bhd?

The current dividend yield of Petronas Gas Bhd is 3.94 %.

When does Petronas Gas Bhd pay dividends?

Petronas Gas Bhd pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Petronas Gas Bhd?

Petronas Gas Bhd paid dividends every year for the past 23 years.

What is the dividend of Petronas Gas Bhd?

For the upcoming 12 months, dividends amounting to 0.74 MYR are expected. This corresponds to a dividend yield of 4.06 %.

In which sector is Petronas Gas Bhd located?

Petronas Gas Bhd is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Petronas Gas Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Petronas Gas Bhd from 3/25/2024 amounting to 0.22 MYR, you needed to have the stock in your portfolio before the ex-date on 3/11/2024.

When did Petronas Gas Bhd pay the last dividend?

The last dividend was paid out on 3/25/2024.

What was the dividend of Petronas Gas Bhd in the year 2023?

In the year 2023, Petronas Gas Bhd distributed 0.6 MYR as dividends.

In which currency does Petronas Gas Bhd pay out the dividend?

The dividends of Petronas Gas Bhd are distributed in MYR.

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Andere Kennzahlen von Petronas Gas Bhd

Our stock analysis for Petronas Gas Bhd Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Petronas Gas Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.