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Minox International Group Bhd (XKLS:0288) Debt-to-Asset : 0.27 (As of Dec. 2023)


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What is Minox International Group Bhd Debt-to-Asset?

Minox International Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM9.96 Mil. Minox International Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM21.00 Mil. Minox International Group Bhd's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was RM113.44 Mil. Minox International Group Bhd's debt to asset for the quarter that ended in Dec. 2023 was 0.27.

Minox International Group Bhd Debt-to-Asset Historical Data

The historical data trend for Minox International Group Bhd'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.

* Premium members only.

Minox International Group Bhd Debt-to-Asset Chart

Minox International Group Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.38 0.35 0.33 0.30 0.27

Minox International Group Bhd Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset 0.38 0.35 0.33 0.30 0.27

Competitive Comparison of Minox International Group Bhd's Debt-to-Asset

For the Steel subindustry, Minox International Group Bhd'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.

Minox International Group Bhd's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Minox International Group Bhd's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Minox International Group Bhd's Debt-to-Asset falls into.


Minox International Group Bhd Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Minox International Group Bhd'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
=(9.955 + 21.004) / 113.444
=0.27

Minox International Group Bhd's Debt-to-Asset for the quarter 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
=(9.955 + 21.004) / 113.444
=0.27

* 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.

Minox International Group Bhd  (XKLS:0288) 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.

Minox International Group Bhd Debt-to-Asset Related Terms

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Minox International Group Bhd (XKLS:0288) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Minox International Group Bhd (XKLS:0288) » Definitions » Debt-to-Asset
Comparable Companies
XKLS:5087 XKLS:0211 XKLS:9199 XKLS:7217 XKLS:3778 XKLS:9873 XKLS:5192 XKLS:9881 XKLS:5021 XKLS:5232 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF
Traded in Other Exchanges
N/A
Address
3, Jalan Industri PBP 11, Taman Industri Pusat Bandar Puchong, Puchong, SGR, MYS, 47100
Website
https://www.minox.biz
Minox International Group Bhd is principally an investment holding company. It is involved in the distribution of stainless steel sanitary valves, tubes & fittings, installation components & equipment, rubber hoses under its MINOX brand and other related products.

Minox International Group Bhd (XKLS:0288) Headlines

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