MIDAS Financing (DHA:MIDASFIN) Debt-to-Equity : 0.00 (As of . 20)

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What is MIDAS Financing Debt-to-Equity?

MIDAS Financing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was BDT0.00 Mil. MIDAS Financing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was BDT0.00 Mil. MIDAS Financing's Total Stockholders Equity for the quarter that ended in . 20 was BDT0.00 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 MIDAS Financing's Debt-to-Equity or its related term are showing as below:

DHA:MIDASFIN's Debt-to-Equity is not ranked ^*
in the Credit Services industry.
Industry Median: 1.26
* Ranked among companies with meaningful Debt-to-Equity only.

MIDAS Financing Debt-to-Equity Historical Data

The historical data trend for MIDAS Financing'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.

MIDAS Financing Debt-to-Equity Chart

MIDAS Financing Annual Data

Trend

Debt-to-Equity

MIDAS Financing Semi-Annual Data

Debt-to-Equity

Competitive Comparison of MIDAS Financing's Debt-to-Equity

For the Credit Services subindustry, MIDAS Financing'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.

MIDAS Financing's Debt-to-Equity Distribution in the Credit Services Industry

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

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

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MIDAS Financing Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MIDAS Financing'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

MIDAS Financing'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

MIDAS Financing (DHA:MIDASFIN) 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.

MIDAS Financing Debt-to-Equity Related Terms

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

MIDAS Financing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » MIDAS Financing PLC (DHA:MIDASFIN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No. 16 (New), 27 (Old), MIDAS Center, House No.05, Dhanmondi R/A, Dhaka, BGD, 1209

Website

https://www.mfl.com.bd

MIDAS Financing PLC operates as a financial Institution in Bangladesh. It provides financial services such as small and medium enterprise (SME) finance, lease finance, auto finance, term finance, micro industries finance, consumers finance, housing finance, loan against lien of securities and others.

MIDAS Financing Headlines

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