Mumias Sugar Co (NAI:MSC) Debt-to-Equity : -0.88 (As of Jun. 2018)

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What is Mumias Sugar Co Debt-to-Equity?

Mumias Sugar Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was KES7,790 Mil. Mumias Sugar Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was KES4,806 Mil. Mumias Sugar Co's Total Stockholders Equity for the quarter that ended in Jun. 2018 was KES-14,385 Mil. Mumias Sugar Co's debt to equity for the quarter that ended in Jun. 2018 was -0.88.

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 Mumias Sugar Co's Debt-to-Equity or its related term are showing as below:

NAI:MSC's Debt-to-Equity is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.39
* Ranked among companies with meaningful Debt-to-Equity only.

Mumias Sugar Co Debt-to-Equity Historical Data

The historical data trend for Mumias Sugar Co'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.

Mumias Sugar Co Debt-to-Equity Chart

Mumias Sugar Co Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Debt-to-Equity

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0.54

1.04

1.23

15.36

-0.88

Mumias Sugar Co Semi-Annual Data
	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18
Debt-to-Equity	Get a 7-Day Free Trial					0.54	1.04	1.23	15.36	-0.88

Competitive Comparison of Mumias Sugar Co's Debt-to-Equity

For the Confectioners subindustry, Mumias Sugar Co'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.

Mumias Sugar Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mumias Sugar Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mumias Sugar Co's Debt-to-Equity falls into.

Mumias Sugar Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mumias Sugar Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 2018 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
	=	(7789.541	+	4806.469)	/	-14385.103
	=	-0.88

Mumias Sugar Co's Debt to Equity Ratio for the quarter that ended in Jun. 2018 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
	=	(7789.541	+	4806.469)	/	-14385.103
	=	-0.88

Mumias Sugar Co (NAI:MSC) 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.

Mumias Sugar Co Debt-to-Equity Related Terms

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Mumias Sugar Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mumias Sugar Co Ltd (NAI:MSC) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Kakamega-Bungoma Road, P. O Box Private Bag, Kakamega County, Mumias, KEN

Website

http://www.mumias-sugar.com

Mumias Sugar Co Ltd is engaged in the production and sale of sugar, ethanol, water. The company is also engaged in the generation and sale of electricity, and also sells bottled drinking water. Its segments include Sugar; Energy; Ethanol and Water in which Sugar segment generates most of the revenue.