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Meghna Petroleum (DHA:MPETROLEUM) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Meghna Petroleum Debt-to-Equity?

Meghna Petroleum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT73 Mil. Meghna Petroleum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was BDT116 Mil. Meghna Petroleum's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT23,535 Mil. Meghna Petroleum's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Meghna Petroleum's Debt-to-Equity or its related term are showing as below:

DHA:MPETROLEUM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Meghna Petroleum was 0.01. The lowest was 0.00. And the median was 0.01.

DHA:MPETROLEUM's Debt-to-Equity is ranked better than
99.88% of 830 companies
in the Oil & Gas industry
Industry Median: 0.44 vs DHA:MPETROLEUM: 0.01

Meghna Petroleum Debt-to-Equity Historical Data

The historical data trend for Meghna Petroleum'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.

Meghna Petroleum Debt-to-Equity Chart

Meghna Petroleum 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 0.01 0.01 0.01 0.01 0.01

Meghna Petroleum 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 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Meghna Petroleum's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Meghna Petroleum'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.


Meghna Petroleum's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Meghna Petroleum's Debt-to-Equity distribution charts can be found below:

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



Meghna Petroleum Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Meghna Petroleum'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.


Meghna Petroleum  (DHA:MPETROLEUM) 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.


Meghna Petroleum Debt-to-Equity Related Terms

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Meghna Petroleum (DHA:MPETROLEUM) Business Description

Traded in Other Exchanges
N/A
Address
58-59 Agrabad Commercial Area, Chittagong, BGD, 4100
Meghna Petroleum Ltd is engaged in the business of petroleum oil and its related products. The company is involved in the procurement, storage, and marketing of petroleum products, lubricants oil and grease, bitumen, liquefied petroleum gas, and battery water in Bangladesh. The business has two reportable segments- petroleum products and lubricants oil and grease.

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