MISC Bhd (XKLS:3816) Debt-to-Equity

: 0.45 (As of Dec. 2023)

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MISC Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1,719 Mil. MISC Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM15,826 Mil. MISC Bhd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RM39,286 Mil. MISC Bhd's debt to equity for the quarter that ended in Dec. 2023 was 0.45.

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

XKLS:3816' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.37 Max: 0.5
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of MISC Bhd was 0.50. The lowest was 0.18. And the median was 0.37.

XKLS:3816's Debt-to-Equity is ranked better than
57% of 886 companies
in the Transportation industry
Industry Median: 0.55 vs XKLS:3816: 0.45

MISC Bhd Debt-to-Equity Historical Data

The historical data trend for MISC 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.

MISC Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.38

0.42

0.50

0.48

0.45

MISC 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																0.48	0.48	0.46	0.45	0.45

Competitive Comparison

For the Marine Shipping subindustry, MISC 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.

MISC Bhd Debt-to-Equity Distribution

For the Transportation industry and Industrials sector, MISC Bhd's Debt-to-Equity distribution charts can be found below:

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

MISC Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MISC Bhd's Debt to Equity Ratio for the fiscal year 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
	=	(1719.38	+	15825.601)	/	39285.806
	=	0.45

MISC 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
	=	(1719.38	+	15825.601)	/	39285.806
	=	0.45

MISC Bhd (XKLS:3816) 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.

MISC Bhd Debt-to-Equity Related Terms

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MISC Bhd (XKLS:3816) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MISC Bhd (XKLS:3816) » Definitions » Debt-to-Equity

Traded in Other Exchanges

MIHDF:USA

Address

Jalan Sultan Hishamuddin, Level 25, Menara Dayabumi, Kuala Lumpur, SGR, MYS, 50050

Website

https://www.misc.com.my

MISC Bhd is a maritime logistics company domiciled in Malaysia. The company organizes itself into five segments; Gas Assets & Solutions segment includes the provision of liquefied natural gas (LNG) carrier services and non-conventional gas asset solutions, Petroleum & Product Shipping segment includes the provision of petroleum tanker and chemical tanker services, Offshore Business segment owns, lease, operation, and maintenance of offshore, floating, production, and offloading terminals, Marine & Heavy Engineering segment include marine repair, marine conversion, and engineering and construction works, and Others segment includes integrated marine services, port & terminal services, maritime education & training, and other diversified businesses.

MISC Bhd (XKLS:3816) Headlines

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