Migdalor- Alternative Products (XTAE:MGDA) Debt-to-Equity : 0.25 (As of Jun. 2023)

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What is Migdalor- Alternative Products Debt-to-Equity?

Migdalor- Alternative Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₪0.80 Mil. Migdalor- Alternative Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₪12.07 Mil. Migdalor- Alternative Products's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ₪51.03 Mil. Migdalor- Alternative Products's debt to equity for the quarter that ended in Jun. 2023 was 0.25.

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 Migdalor- Alternative Products's Debt-to-Equity or its related term are showing as below:

XTAE:MGDA' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.23 Med: 0.13 Max: 0.25
Current: 0.25

During the past 5 years, the highest Debt-to-Equity Ratio of Migdalor- Alternative Products was 0.25. The lowest was -9.23. And the median was 0.13.

XTAE:MGDA's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.19 vs XTAE:MGDA: 0.25

Migdalor- Alternative Products Debt-to-Equity Historical Data

The historical data trend for Migdalor- Alternative Products'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.

Migdalor- Alternative Products Debt-to-Equity Chart

Migdalor- Alternative Products Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

N/A

-2.90

-3.97

0.13

0.24

Migdalor- Alternative Products Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial				-9.23	0.13	0.25	0.24	0.25

Competitive Comparison of Migdalor- Alternative Products's Debt-to-Equity

For the Asset Management subindustry, Migdalor- Alternative Products'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.

Migdalor- Alternative Products's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Migdalor- Alternative Products's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Migdalor- Alternative Products's Debt-to-Equity falls into.

Migdalor- Alternative Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Migdalor- Alternative Products's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.513	+	12.28)	/	54.127
	=	0.24

Migdalor- Alternative Products's Debt to Equity Ratio for the quarter 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
	=	(0.801	+	12.074)	/	51.028
	=	0.25

Migdalor- Alternative Products (XTAE:MGDA) 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.

Migdalor- Alternative Products Debt-to-Equity Related Terms

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Migdalor- Alternative Products (XTAE:MGDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Migdalor- Alternative Products Ltd (XTAE:MGDA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Gazit street, Petah Tikva, ISR, 4927987

Website

http://www.migdalor-group.com

Migdalor- Alternative Products Ltd develops a wide range of investment products in a variety of platforms and fields. It allows clients to build an optimal alternative investment portfolio while maintaining the return/risk ratio that suits their needs. Its investment products include Real estate-backed transactions in debt or equity tracks, Hedge funds, and Low-risk funds that maximize return.

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