M&L Holdings Group (HKSE:08152) Debt-to-Equity : 0.25 (As of Jun. 2024)

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What is M&L Holdings Group Debt-to-Equity?

M&L Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$20.4 Mil. M&L Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$3.5 Mil. M&L Holdings Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$95.6 Mil. M&L Holdings Group's debt to equity for the quarter that ended in Jun. 2024 was 0.25.

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 M&L Holdings Group's Debt-to-Equity or its related term are showing as below:

HKSE:08152' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.29 Max: 0.48
Current: 0.25

During the past 9 years, the highest Debt-to-Equity Ratio of M&L Holdings Group was 0.48. The lowest was 0.17. And the median was 0.29.

HKSE:08152's Debt-to-Equity is ranked better than
64.79% of 142 companies
in the Industrial Distribution industry
Industry Median: 0.465 vs HKSE:08152: 0.25

M&L Holdings Group Debt-to-Equity Historical Data

The historical data trend for M&L Holdings Group'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.

M&L Holdings Group Debt-to-Equity Chart

M&L Holdings Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.28

0.27

0.38

0.29

M&L Holdings Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.35	N/A	0.29	0.25

Competitive Comparison of M&L Holdings Group's Debt-to-Equity

For the Industrial Distribution subindustry, M&L Holdings Group'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.

M&L Holdings Group's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, M&L Holdings Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where M&L Holdings Group's Debt-to-Equity falls into.

M&L Holdings Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

M&L Holdings Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(25.936	+	4.022)	/	103.321
	=	0.29

M&L Holdings Group's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(20.373	+	3.523)	/	95.555
	=	0.25

M&L Holdings Group (HKSE:08152) 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.

M&L Holdings Group Debt-to-Equity Related Terms

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

M&L Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » M&L Holdings Group Ltd (HKSE:08152) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

17-19 Chatham Road South, 21st Floor, Empress Plaza, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.mleng.com

M&L Holdings Group Ltd is an investment holding. The principal activities of the group are trading and lease of construction machinery and spare parts. It is segmented into Tunnelling and Foundation. The company generates maximum revenue from the Tunnelling segment. Its Tunnelling segment is engaged in the supply of specialised cutting tools and parts for construction equipment. The Foundation segment is engaged in the supply of fabricated construction steel works and equipment. Geographically, the organization has a business presence in Hong Kong, Singapore, and other Asia-Pacific countries, China and other countries, of which key revenue is generated from Hong Kong.

Executives

Cheung King
Ng Yuk Sheung
Jat United Company Limited
Law So Lin
Ng Lai Ming

M&L Holdings Group Headlines

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