Moneymax Financial Services (SGX:5WJ) Debt-to-Equity : 0.11 (As of Jun. 2024)

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What is Moneymax Financial Services Debt-to-Equity?

Moneymax Financial Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$9.6 Mil. Moneymax Financial Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$8.3 Mil. Moneymax Financial Services's Total Stockholders Equity for the quarter that ended in Jun. 2024 was S$158.6 Mil. Moneymax Financial Services's debt to equity for the quarter that ended in Jun. 2024 was 0.11.

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 Moneymax Financial Services's Debt-to-Equity or its related term are showing as below:

SGX:5WJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 2.13 Max: 3.63
Current: 0.11

During the past 12 years, the highest Debt-to-Equity Ratio of Moneymax Financial Services was 3.63. The lowest was 0.10. And the median was 2.13.

SGX:5WJ's Debt-to-Equity is ranked better than
85.64% of 1003 companies
in the Retail - Cyclical industry
Industry Median: 0.6 vs SGX:5WJ: 0.11

Moneymax Financial Services Debt-to-Equity Historical Data

The historical data trend for Moneymax Financial Services'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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Moneymax Financial Services Debt-to-Equity Chart

Moneymax Financial Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.47

2.55

3.09

3.39

3.63

Moneymax Financial Services Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.14	3.39	0.10	3.63	0.11

Competitive Comparison of Moneymax Financial Services's Debt-to-Equity

For the Specialty Retail subindustry, Moneymax Financial Services'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.

Moneymax Financial Services's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Moneymax Financial Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Moneymax Financial Services's Debt-to-Equity falls into.

Moneymax Financial Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Moneymax Financial Services'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
	=	(408.514	+	124.138)	/	146.592
	=	3.63

Moneymax Financial Services'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
	=	(9.619	+	8.312)	/	158.638
	=	0.11

Moneymax Financial Services (SGX:5WJ) 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.

Moneymax Financial Services Debt-to-Equity Related Terms

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Moneymax Financial Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Moneymax Financial Services Ltd (SGX:5WJ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Changi Business Park Vista, No. 01-01, SOOKEE HQ, Singapore, SGP, 486042

Website

https://www.moneymax.com.sg

Moneymax Financial Services Ltd is an investment holding company. The company's business segments are Pawnbroking, Retail trading of pre-owned luxury items and Secured Lending. It operates an online platform for shopping, MoneyMax Online, as well as pre-owned luxury retail outlet. The company operates a pawnbroking chain to offer an online platform to shop, sell and appraise their valuables. Its geographical segments are Singapore and Malaysia, of which the vast majority of its revenue comes from Singapore.

Moneymax Financial Services Headlines

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