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Mida Leasing PCL (BKK:ML-F) Debt-to-Equity : 0.76 (As of Mar. 2024)


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What is Mida Leasing PCL Debt-to-Equity?

Mida Leasing PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿1,461.7 Mil. Mida Leasing PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿153.9 Mil. Mida Leasing PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿2,113.4 Mil. Mida Leasing PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.76.

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 Mida Leasing PCL's Debt-to-Equity or its related term are showing as below:

BKK:ML-F' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76   Med: 0.9   Max: 1.13
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Mida Leasing PCL was 1.13. The lowest was 0.76. And the median was 0.90.

BKK:ML-F's Debt-to-Equity is ranked better than
59.03% of 432 companies
in the Credit Services industry
Industry Median: 1.13 vs BKK:ML-F: 0.76

Mida Leasing PCL Debt-to-Equity Historical Data

The historical data trend for Mida Leasing PCL'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.

Mida Leasing PCL Debt-to-Equity Chart

Mida Leasing PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.03 0.96 0.82 0.77

Mida Leasing PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.80 0.85 0.88 0.77 0.76

Competitive Comparison of Mida Leasing PCL's Debt-to-Equity

For the Credit Services subindustry, Mida Leasing PCL'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.


Mida Leasing PCL's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mida Leasing PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mida Leasing PCL's Debt-to-Equity falls into.



Mida Leasing PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mida Leasing PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Mida Leasing PCL's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Mida Leasing PCL  (BKK:ML-F) 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.


Mida Leasing PCL Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Mida Leasing PCL's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Mida Leasing PCL (BKK:ML-F) Business Description

Traded in Other Exchanges
Address
48/1-5, Soi Chaengwattana 14, Chaengwattana Road, Thungsonghong, Lak si, Bangkok, THA, 10210
Mida Leasing PCL is principally engaged in providing financial services for used cars hire-purchasing and management of non-performing assets. The company operates its business in three segments namely Hire purchase financing for used cars, Other financial services, and Non-performing receivable management business. It also expanded its range of loans, including new hire-purchase loans, hire-purchase of taxis, working capital loans. The company's major businesses are carried in Thailand.

Mida Leasing PCL (BKK:ML-F) Headlines

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