GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Metrofile Holdings Ltd (JSE:MFL) » Definitions » Debt-to-Equity

Metrofile Holdings (JSE:MFL) Debt-to-Equity : 1.23 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Metrofile Holdings Debt-to-Equity?

Metrofile Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R109.3 Mil. Metrofile Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R586.9 Mil. Metrofile Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R566.9 Mil. Metrofile Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.23.

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 Metrofile Holdings's Debt-to-Equity or its related term are showing as below:

JSE:MFL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 1.11   Max: 1.4
Current: 1.23

During the past 13 years, the highest Debt-to-Equity Ratio of Metrofile Holdings was 1.40. The lowest was 0.26. And the median was 1.11.

JSE:MFL's Debt-to-Equity is ranked worse than
78.6% of 930 companies
in the Business Services industry
Industry Median: 0.395 vs JSE:MFL: 1.23

Metrofile Holdings Debt-to-Equity Historical Data

The historical data trend for Metrofile Holdings'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.

Metrofile Holdings Debt-to-Equity Chart

Metrofile Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.40 1.06 1.13 1.23

Metrofile Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.27 1.13 1.21 1.23 1.23

Competitive Comparison of Metrofile Holdings's Debt-to-Equity

For the Specialty Business Services subindustry, Metrofile Holdings'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.


Metrofile Holdings's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Metrofile Holdings's Debt-to-Equity distribution charts can be found below:

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



Metrofile Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Metrofile Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Metrofile Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Metrofile Holdings  (JSE:MFL) 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.


Metrofile Holdings Debt-to-Equity Related Terms

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


Metrofile Holdings (JSE:MFL) Business Description

Traded in Other Exchanges
N/A
Address
28 Fricker Road, First Floor, West Block, Illovo Boulevard, Sandton, GT, ZAF, 2196
Metrofile Holdings Ltd provides data management and data storage facilities to its clients. The company offers Records storage and management, including backup and protection of active and inactive documents, images, and data in physical and electronic format. It also provides other services such as Digital services, Business support services, and other Products and Solutions. Its segments include MRM South Africa, which is the key revenue driver; MRM Rest of Africa; MRM Middle East and Products and Services South Africa. The majority of its revenue is derived from its Secure storage services.