Myland Developments (COL:MDL.N0000) Debt-to-Equity : 0.00 (As of . 20)

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What is Myland Developments Debt-to-Equity?

Myland Developments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was රු0.00 Mil. Myland Developments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was රු0.00 Mil. Myland Developments's Total Stockholders Equity for the quarter that ended in . 20 was රු0.00 Mil.

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 Myland Developments's Debt-to-Equity or its related term are showing as below:

COL:MDL.N0000's Debt-to-Equity is not ranked ^*
in the Real Estate industry.
Industry Median: 0.75
* Ranked among companies with meaningful Debt-to-Equity only.

Myland Developments Debt-to-Equity Historical Data

The historical data trend for Myland Developments'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.

Myland Developments Debt-to-Equity Chart

Myland Developments Annual Data

Trend

Debt-to-Equity

Myland Developments Semi-Annual Data

Debt-to-Equity

Competitive Comparison of Myland Developments's Debt-to-Equity

For the Real Estate - Diversified subindustry, Myland Developments'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.

Myland Developments's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Myland Developments's Debt-to-Equity distribution charts can be found below:

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

Myland Developments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Myland Developments's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Myland Developments's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Myland Developments (COL:MDL.N0000) 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.

Myland Developments Debt-to-Equity Related Terms

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

Myland Developments (COL:MDL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Myland Developments PLC (COL:MDL.N0000) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kandy Road, 143/A/02, Kadawatha, LKA

Website

https://www.myland.lk

Myland Developments Plc is engaged in developing and selling land plots for residential or commercial purposes with business operations carried out predominantly in the Western province of Sri Lanka. Its services include Land Sales, Real Estate Consultancy, Property Brokering, and Property Financing among others.

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