MWG (Multi Ways Holdings) Debt-to-Asset : 0.28 (As of Jun. 2024)

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What is Multi Ways Holdings Debt-to-Asset?

Multi Ways Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $14.71 Mil. Multi Ways Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3.70 Mil. Multi Ways Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $65.54 Mil. Multi Ways Holdings's debt to asset for the quarter that ended in Jun. 2024 was 0.28.

Multi Ways Holdings Debt-to-Asset Historical Data

The historical data trend for Multi Ways Holdings's Debt-to-Asset 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.

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Multi Ways Holdings Debt-to-Asset Chart

Multi Ways Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.41

0.33

0.22

Multi Ways Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial			0.34	0.33	0.28	0.22	0.28

Competitive Comparison of Multi Ways Holdings's Debt-to-Asset

For the Rental & Leasing Services subindustry, Multi Ways Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Multi Ways Holdings's Debt-to-Asset Distribution in the Business Services Industry

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

* The bar in red indicates where Multi Ways Holdings's Debt-to-Asset falls into.

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Multi Ways Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Multi Ways Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(8.07	+	4.696)	/	58.001
	=	0.22

Multi Ways Holdings's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(14.712	+	3.7)	/	65.538
	=	0.28

Multi Ways Holdings (AMEX:MWG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Multi Ways Holdings Debt-to-Asset Related Terms

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Multi Ways Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Multi Ways Holdings Ltd (AMEX:MWG) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3E Gul Circle, Singapore, SGP, 629633

Website

https://www.multiways.com.sg

Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.