Marco Polo Marine (SGX:5LY) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is Marco Polo Marine Debt-to-Equity?

Marco Polo Marine's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$2.4 Mil. Marco Polo Marine's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was S$4.8 Mil. Marco Polo Marine's Total Stockholders Equity for the quarter that ended in Mar. 2024 was S$174.7 Mil. Marco Polo Marine's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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 Marco Polo Marine's Debt-to-Equity or its related term are showing as below:

SGX:5LY' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.62 Med: 0.03 Max: 1.62
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Marco Polo Marine was 1.62. The lowest was -1.62. And the median was 0.03.

SGX:5LY's Debt-to-Equity is ranked better than
95.92% of 882 companies
in the Transportation industry
Industry Median: 0.565 vs SGX:5LY: 0.04

Marco Polo Marine Debt-to-Equity Historical Data

The historical data trend for Marco Polo Marine'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.

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Marco Polo Marine Debt-to-Equity Chart

Marco Polo Marine Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.01

0.04

0.03

0.05

Marco Polo Marine Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.02	0.05	0.04

Competitive Comparison of Marco Polo Marine's Debt-to-Equity

For the Marine Shipping subindustry, Marco Polo Marine'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.

Marco Polo Marine's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Marco Polo Marine's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Marco Polo Marine's Debt-to-Equity falls into.

Marco Polo Marine Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marco Polo Marine's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(2.519	+	6.022)	/	167.837
	=	0.05

Marco Polo Marine's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(2.382	+	4.795)	/	174.724
	=	0.04

Marco Polo Marine (SGX:5LY) 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.

Marco Polo Marine Debt-to-Equity Related Terms

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

Marco Polo Marine (SGX:5LY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Marco Polo Marine Ltd (SGX:5LY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MRPMF:USA

Address

66 Kallang Pudding Road, No.05-01 Hor Kew Business Centre, Singapore, SGP, 349324

Website

https://www.marcopolomarine.com.sg

Marco Polo Marine Ltd is a Singapore-based integrated marine logistics company. It is principally engaged in the shipping and shipyard businesses. The company's business segments include Ship chartering services, which relate to charter hire activities; and Shipbuilding & repair services, which relates to sales of goods, shipbuilding and ship repair activities. It generates maximum revenue from Ship chartering services segment. The company operates internationally and generates the majority of its revenue from its activities in Singapore.

Marco Polo Marine (SGX:5LY) Headlines

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