MK Land Holdings Bhd (XKLS:8893) Debt-to-Equity : 0.04 (As of Dec. 2023)

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What is MK Land Holdings Bhd Debt-to-Equity?

MK Land Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM6.2 Mil. MK Land Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM40.1 Mil. MK Land Holdings Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM1,247.2 Mil. MK Land Holdings Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

XKLS:8893' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.13
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of MK Land Holdings Bhd was 0.13. The lowest was 0.02. And the median was 0.04.

XKLS:8893's Debt-to-Equity is ranked better than
93.26% of 1587 companies
in the Real Estate industry
Industry Median: 0.76 vs XKLS:8893: 0.04

MK Land Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for MK Land Holdings 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.

MK Land Holdings Bhd Debt-to-Equity Chart

MK Land Holdings Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.04

0.03

0.02

0.04

MK Land Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.04	0.04	0.04	0.04

Competitive Comparison of MK Land Holdings Bhd's Debt-to-Equity

For the Real Estate - Development subindustry, MK Land Holdings 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.

MK Land Holdings Bhd's Debt-to-Equity Distribution in the Real Estate Industry

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

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

MK Land Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MK Land Holdings Bhd's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(6.232	+	41.49)	/	1244.335
	=	0.04

MK Land Holdings Bhd'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
	=	(6.233	+	40.088)	/	1247.152
	=	0.04

MK Land Holdings Bhd (XKLS:8893) 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.

MK Land Holdings Bhd Debt-to-Equity Related Terms

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

MK Land Holdings Bhd (XKLS:8893) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MK Land Holdings Bhd (XKLS:8893) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Number 19, Jalan PJU 8/5H, Perdana Business Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820

Website

https://www.mkland.com.my

MK Land Holdings Bhd is an investment holding company. The company's operating segment includes Property development; Leisure; Investment holding; solar and Education. It generates maximum revenue from the Property development segment. The Property Development segment is engaged in the development of mixed properties and its related activities. Geographically, it operates only in Malaysia.

MK Land Holdings Bhd (XKLS:8893) Headlines

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